Habits For Growing Wealth: Your Money

Other Habits to Grow Your Wealth:

• Max out your retirement savings every year (Paula)
• Pay bills a month in advance (J$)
• Set your bills on auto-pay (Paula)
• Pay more on your debts to reduce the liabilities (J$)
• Pay cash for an income-producing rental property (Paula, of course!)
• For rental properties with mortgages: Double the principal portion of the payment and round up to the next round dollar amount (Paula)
• Keep a buffer of money in your checking account (J$)
• Increase savings by 1% every month (Paula)

What are your favorite M.O.N.E.Y habits? Comment below!

Some Missions to try:

• Do something to save 1% more of your income this month
• Sell something on Craigslist every Friday

Resources mentioned:

• Paula’s “Take the One Percent Challenge” (includes link to Paula’s One Percent Challenge Facebook Group)
• J. Money’s Net Worth tracker
• J was surprised by the amount he was able to save after participating in a “No Spend Challenge”

Find more at http://podcast.affordanything.com/. I am literally a random person loving this podcast and wanting to grow my wealth haha.