Based on what I learned from paying off $100k of student loans, here’s the exact order of what I think you should prioritize, and WHY 🙂
03:30 – #1 Save up a small emergency fund first
04:18 – #2 Pay off credit card debt
06:10 – #3 Max out 401(k) employer match if you have it
07:48 – #4 Invest $100 into a tax-advantaged investment account
10:00 – #5 Pay off ALL remaining debt except for mortgage
11:35 – #6 Last but not least, pursue your other saving & investing goals
_________
***FREE DOWNLOAD: The Ultimate Guide to Investment Accounts
Everything you need to know about IRAs, 401(k)s, HSAs, and taxable accounts. What they are, which ones you need, and where to open them!
https://www.rosehan.com/ultimateguide
***FREE TRAINING: The 3 Secrets to Investing in Times of Uncertainty
How to build wealth on autopilot, even if you’re scared, totally confused by financial jargon, and tend to get stuck in “analysis paralysis”.
https://www.rosehan.com/investing ← SIGN UP HERE
__________
***RECOMMENDED READING LIST***
I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
https://amzn.to/2VbJ1Pt
The Little Book of Common Sense Investing (Jack Bogle’s classic advice on index funds)
https://amzn.to/32ewzjj
InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
https://amzn.to/2SLTYpn
Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
https://amzn.to/2SKyklt
Rich Dad Poor Dad (#1 selling personal finance book of all time… need I say more?)
https://amzn.to/2SJ6vtx
Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
https://amzn.to/37N2adc
__________
DISCLAIMERS & DISCLOSURES ❤
This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!
__________
SAY HI ON SOCIAL:
Website: https://www.rosehan.com
Instagram: http://instagram.com/investingwithrose
TikTok: https://www.tiktok.com/@investingwithrose
Twitter: https://twitter.com/hellorosehan
Facebook: https://www.facebook.com/investingwithrose
LinkedIn: https://www.linkedin.com/in/hellorosehan
