Advices - Deepstash

Advices

we should focus on three important things: savings, investments and bills. Save much as you can, Find opportunities to invest in appreciating assets and revise your bills time to time.

  1. Know where your money is going.
  2. Invest in assets.
  3. Make financial freedom your top priority.

3

23 reads

The idea is part of this collection:

Making Better Decisions

Learn more about economics with this collection

How to make good decisions

How to manage work stress

How to manage email effectively

Related collections

Similar ideas to Advices

1. Paying Yourself First

1. Paying Yourself First

What you need to do:

  • Deposit paycheck
  • Automate investments first
  • Anything left over goes to bills

The process:

  • Determine how much to invest
  • Determine investment frequency
  • Determine where ...

The 4 Phases Of Personal Finance

Consider where you find yourself as each phase requires a different strategy.

  1. From nothing to something. This is where you live from paycheck to paycheck without any savings. Try to build a financial buffer of at least one month of expenses.
  2. Gainin...

20%: Savings

20%: Savings

Finally, try to allocate 20% of your net income to savings and investments. This includes adding money to an emergency fund in a bank savings account, making IRA contributions to a

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