Extra Money? Here's Your Step-by-Step Plan скачать в хорошем качестве

Extra Money? Here's Your Step-by-Step Plan

What should you do with extra money? A bonus, tax refund, inheritance, or side hustle income can either build wealth… or disappear fast. In this video, I break down the 5 Levels of Handling Extra Money using the Financial Order of Operations framework — from building an emergency fund to maxing out retirement accounts and investing in a taxable brokerage account. If you’ve ever wondered: • Should I invest or pay off debt? • How much emergency fund is enough? • What do I do after my 401k match? • Should I open a Roth IRA? • What’s the smartest way to use a bonus? This is your step-by-step roadmap. Level 1: Financial First Aid (deductible buffer) Level 2: Employer match + destroy high-interest debt Level 3: 3–6 month emergency fund Level 4: Max Roth IRA, HSA, 401k Level 5: Brokerage investing + mid-term goals This removes anxiety and replaces it with clarity. 📚 Tools That Make This System Easier These are practical tools that help you actually execute the 5 Levels: • 📘 The Simple Path to Wealth by JL Collins (Beginner investing classic) 👉 https://amzn.to/4avt0cb • 📗 The Psychology of Money by Morgan Housel (Mindset shift for Level 5 thinking) 👉 https://amzn.to/4qB4xIm • 💰 Clever Fox Budget Planner (High-review financial planner to track Levels 1–3) 👉 https://amzn.to/4qIdIqF • 📁 ThinkTex Accordion File Organizer(Organize insurance docs + deductibles) 👉 https://amzn.to/46IbPmD These aren’t random products. They support budgeting discipline, investment literacy, and financial organization. Affiliate Disclosure: As an Amazon Associate, I earn from qualifying purchases. This does not affect your price and helps support the channel. Thanks for supporting my channel! If you want clear, modern wealth systems without hustle culture or gimmicks, subscribe to Lvely Living and turn on notifications.