Remember your first piggy bank/cash jar?Crown Royal bag/water jug?
As our capacity to understand grows, so too should our wealth container.
We all have to start somewhere, but that doesn’t mean you have to stay there.
Our financial growth is more uncomfortable than muscle growth from curls in the gym.
At least you can see relatively quick progress from the gym. Your clothes will fit a little better. Your belt will go down a notch or two. But investment growth requires time, some risk, and faith in the unknown.
Start with the basics:
529 College Savings Plan
401(k)
IUL (Life Insurance)
FinTech app
Take the next step up:
Investment Accounts
Life Insurance
Investment Property
Tax strategies
Graduation:
A Family Office
Find Financial Advisors to help you get there. They have the knowledge and experience to get you to your goal without as many bumps along the way.
-Monk
1. Personal Finance is a game. But if you haven’t realized this yet, then you’re the one getting played.
2. Because, you’re playing this game already but someone else is profiting (off of you).
3. Your Financial Literacy is the pathway to your Financial Freedom.
So, to the youth, young adults, and the mothers who raise them, Financial Literacy: Monk Says… Learn the Game
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