Get Organized! Calculate your net worth, list your recurring expenses, list all of your debt with interest rates, and track these numbers EVERY month.
Find your Tribe! Join Facebook Group RN to Wealthy Encourage your friends to follow the steps with you. Set up a financial date night with your spouse or significant other.
Open up these accounts: Employee Sponsored pre-tax savings account, Roth IRA, HSA (if you have a high deductible healthcare plan), and an emergency account that you NEVER withdraw from unless it’s an emergency. Even if you are only putting $10 a month into these accounts, still open them. Follow these guidelines.
Decrease your recurring expenses. Only have recurring expenses that are necessary or bring your life joy. Decreasing your phone bill or canceling your gym membership can make a huge impact when you multiply it by 12.
Pay off your debt like your hair is on fire! Seriously, live a year without a vacation or any frivolous purchases and pay down debt as fast as you can, then you can live a comfortable life without the stress of debt.
Go back to those accounts and start increasing your deposits with every pay raise, every third paycheck in a month, and every tax return. Max them out as soon as possible because time is your friend.