7. Master Finances - Deepstash
7. Master Finances

7. Master Finances

  • Save 10%-20% of your income and invest wisely.
  • Avoid debt and focus on long-term financial goals.
  • Understand the value of delayed gratification when managing money.

227

1.71K reads

CURATED FROM

IDEAS CURATED BY

anupchouhan

✍️Curious writer sharing big ideas ✨ in simple, quick reads 📚. Follow for more content! 🔥💡 Join my discord server 👇

Imagine your life without excuses—how unstoppable would you be?

Similar ideas to 7. Master Finances

7. Create a Financial Plan

7. Create a Financial Plan

Develop a financial strategy that prioritizes long-term stability over short-term indulgences. Save and invest wisely to secure your financial future.

The 70:20:10 budgeting method

The 70:20:10 budgeting method

This method suggests that you allocate 70 percent of your income to expenses, 20 percent to savings, and the remaining 10 percent to debt.

70:20:10 may work for someone with a healthy emergency fund and minimal debt.

How long it will take you to save enough

How long it will take you to amass 25 times your income is based on the percentage of your income you save.

When you save 20 percent of your income, assuming a five percent average annual return, you'll hit 25 times your yearly income in just over 40 years.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates