Mar 11 (edited) • 🏆 Wins
17 year old with 90k in the bank... Fixed and Variable Expenses
Yes, you heard that right.. a 17 year old with 90k in the bank, all while working as a hostess.
Key Factors to her savings:
1 - Clear understanding of Fixed and Variable Expenses
2 - She doesnt spend frugally
3 - Minimal Bills .. (she still lives at home with parents)
Why is this so important. Because understanding your monthly bills is the first step to understanding how to become financially free.
How much you need to Make?
How much you need to Save?
How much you need to Invest.
The goal is not to increase your expenses with making more money, the goal is to minimizes your expenses and make more money.
How do you allocated your income
50% Needs. 30% Wants, and 20% Investments
50% Needs, 20% Wants, and 30% Investments
It all goes out Nilly Willy?
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17 year old with 90k in the bank... Fixed and Variable Expenses
skool.com/3xf-free-6785
The BLUE-PRINT to Financial Freedom our School Systems Never Taught Us.
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