We focused on paying off debt first as well. Now we are saving/investing to build wealth and reach FI. Savings goal is to have a 6mo. Emergency Fund and Max out our Roth IRA’s. Love the breakdown of the accounts that you utilize!
I feel like paying off debt is the best foundation to build wealth on too. Those are great goals! Thanks, they helped a lot with achieving that savings milestone 💰
I like what you say about deciding what you want your focus to be. This is super important! I went the route of paying off debt (putting a pause on investing) and now that I'm back to investing heavily, things are heading in the right direction by leaps and bounds AND the debt isn't there weighing me down. You're diversifying with your investment vehicles too (401k, HSA, Roth, brokerage (I'll have to look into that last one for myself))! I'm excited to witness the journey to your financial independence goal!!
I have watched your debt free journey over the years, congrats! I agree, my net worth grew significantly as well without the monthly payments and compound interest that comes with debt. Thanks, I'll be tuning in for your financial journey as well 🥂
I like what you share. I am curious....what's your thought on paying off debt and investing simultaneously; that way you start investing on a small scale and benefitting from returns sooner rather than later. What do you think?
I say do what feels right for you. If you want to get out of debt fast, and have a short horizon, focusing only that will get out of debt faster and on to investing. If you have a lot of debt, or a long timeframe to pay if off, then investing along the way is fine (provided your investment returns are higher than your debt's interest rate). For HSA/401k/403b's always put in the amount required for your employer match (free money 💵). Hope that helps, and thanks for stopping by!
We focused on paying off debt first as well. Now we are saving/investing to build wealth and reach FI. Savings goal is to have a 6mo. Emergency Fund and Max out our Roth IRA’s. Love the breakdown of the accounts that you utilize!
I feel like paying off debt is the best foundation to build wealth on too. Those are great goals! Thanks, they helped a lot with achieving that savings milestone 💰
I like what you say about deciding what you want your focus to be. This is super important! I went the route of paying off debt (putting a pause on investing) and now that I'm back to investing heavily, things are heading in the right direction by leaps and bounds AND the debt isn't there weighing me down. You're diversifying with your investment vehicles too (401k, HSA, Roth, brokerage (I'll have to look into that last one for myself))! I'm excited to witness the journey to your financial independence goal!!
I have watched your debt free journey over the years, congrats! I agree, my net worth grew significantly as well without the monthly payments and compound interest that comes with debt. Thanks, I'll be tuning in for your financial journey as well 🥂
This is literally one of the best videos and well put together. You should have sooo many more views!
Thanks, that's very kind of you 🧡
thank you i am inspired to pay off all my debts in the next 5 years as well as save and invest.😀
That's awesome! Good luck ⚡️
omg killing it! I really loved this video and how it was a complete overview of lots of different investing and saving account options!
Thanks! I'm happy it was helpful 😃
Yay! So glad I found your channel
I'm glad you did 🙌🏾
Amazing video! Subscribed!
Thank you ✨
I can't place the accent.
Caribbean?
Canadian?
Sounds like she’s singing 😂😂😂
I like what you share. I am curious....what's your thought on paying off debt and investing simultaneously; that way you start investing on a small scale and benefitting from returns sooner rather than later. What do you think?
I say do what feels right for you. If you want to get out of debt fast, and have a short horizon, focusing only that will get out of debt faster and on to investing.
If you have a lot of debt, or a long timeframe to pay if off, then investing along the way is fine (provided your investment returns are higher than your debt's interest rate).
For HSA/401k/403b's always put in the amount required for your employer match (free money 💵).
Hope that helps, and thanks for stopping by!
@@athenaabarnes Well said. I respect that