If you have the day off …

Since it is the day after July 4th, you may be lucky enough to have today off.

Here are some things you could do to speed toward financial independence.

  • Start investing in your 401(k) – At least get the match!  Every 3 months, bump it up 1% until you have reached 10% of your gross pay.  You will NEVER regret this decision.
  • Get organized!  Put together a 3-ring binder for your medical insurance claims, investments, bank statements, etc.  I know it sounds like nails on a chalkboard, but organization is KEY to achieving financial freedom.
  • Talk with your spouse about your next financial steps.  What are you going to do next?  Buy a rental house?  Buy mutual funds?  Start the kids 529 college savings plan?  What about the kid's wedding fund?  Which dream gets funded next?  The trip to Australia/New Zealand?
  • Go to the "TOOLS" link and put together your first ever written budget – BEFORE you receive the actual money.  Remember, it's EZ.
  • Go canoeing down the river (my choice).

1 Comment

  1. Moneymonk on July 5, 2007 at 9:05 am

    What about the kid’s wedding fund?

    wow, you are waaaaaaaaaay ahead, I guess there is always something to do with extra money



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