It’s time to break free of the financial shackles you’ve come to know so well!
There’s a simple strategy I’ve put together for you using some simple tools.
Are you ready to burn your debt and start stacking your retirement savings sky-high?
Here’s how…
When most people think about saving for retirement, they usually think about the debt they’d have to pay off before being able to contribute a healthy amount.
That puts a lot of people off saving for retirement, as they have a hard time getting out of debt in the first place.
That’s why the first tool you should use to set up your wealthy retirement is Undebt.it.
Undebt.it is a free debt management tool/planner. It’s a vital tool for you to unclog your finances from nasty debt and allow you to start saving for that retirement you’ve always dreamed of.
It works so well because it sets up payment plans for you to follow and allows you to visualize your goals step by step.
After using Undebt.it, the next tool you should use is called Stash.
Stash is a fantastic tool for those who want to start their retirement fund, but only have a small amount that they’re able to invest.
With a minimum investment of $5, it’s one of the only investment tools that can be accessed by those who aren’t able to afford the fees that come with other investment avenues.
Another great perk of stash is that it allows you to invest in fractions of a stock’s share if you can’t afford to invest in whole shares.
This allows your retirement fund to gain exposure to Wall Street’s biggest earners, without throwing all you have at it.
Another similar tool is Acorns. The brilliance in Acorns is found in the fact that you forget that you’re investing your money, until you look later and realize the profits you’ve accumulated.
It does this by rounding up any purchase you make to a whole number and investing that spare change into personalized funds.
For example, you spend $3.19 at Starbucks, Acorns will then take 81 cents and invest it. If you drink at Starbucks every day of the week, you’ll have invested a nice $210 by the end of the year without even thinking about it.
As your retirement funds begins to grow, you’ll want to investigate these next two tools that are great at managing your money.
The first one is Mint. Mint is great for managing your money and giving you a detailed visual of where your finances stand.
It categorizes your money for you, allowing you to set budgets in different categories, such as restaurants, shopping, bars, travel, etc. so you can grasp where your money is going.
By cutting down your budget on the non-essential categories, you’ll be able to shovel more cash into that retirement fund that could have you sitting on the beach every day of the week.
The second vital tool for managing your money is Level. This tool is great for separating any upcoming bills you may have, so you’re not scrambling when they come around.
Level informs you of any bills that may be approaching soon, while indicating how much money you have for spending.
By taking a magnified look at your bills and other expenditures, you’ll be able to allocate a comfortable amount of money to your retirement.
Retirement experts suggest that you should aim to save around 15% of your income per year. I’m positive that by using all these tools, you’ll soon be able to take that step into the relaxing and wealthy lifestyle you’ve always dreamed of.
