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7 Steps You Must Follow To Build Generational Wealth!

  1. Start by saving $1,000 in a “start-up” emergency fund, to begin transforming your spending behavior (most easy but difficult mental step)

  2. Payoff all of your debt, including credit cards, car loans, and student loans (from lowest to highest), except your mortgage

  3. Build up 3-6 months of fixed expenses in a free-risk savings account

  4. Invest 15% of income toward retirement in 401k and/or Roth IRA

  5. Save for your kids college, using an ESA account (similar to a Roth IRA), if you have kids

  6. Then, payoff your mortgage

  7. Build wealth and share it with others!

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