1/10/23

Finances - Day 12

Pause Investing:

I know, I know, HOT TAKE.🥵

Folks are so concerned about what they may miss out on if they *briefly* pause investing they forget to consider the gains! Here is the truth: If you follow the way I teach, you will get out of debt in the fastest, most efficient way.

To pay off debt fast, with intensity:

💰You need access to all of your income ( which includes temporarily pausing investing)

💰You need to be finding a way to earn extra income

💰You need to be on a written budget

💰You need to use the debt snowball method.

If you do these things, most people are done within 18-36 months. And when you are finished, I guarantee you will have even more money to put towards investing. You’ll be able to make up for any perceived “loss” in the market. And...And...And let me say it took my husband and me 7.5 years to pay off our debt. We were not investing during that time, plus a year or so after. Now, we will retire with enough for us and enough to leave an inheritance. Trust me., You’ll be alright.

@jadewarshaw

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Finances - Day 11

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Finances - Day 13