Personal Finance

The 5 Phases of Your Monetary Life Cycle

 

Take heed to this episode:

  • on Spotify
  • on Apple Podcasts
  • on Google Podcasts

Episode Sponsor:

Watch a FREE on-line monetary teaching video: Go to imgwealthacademy.com

What you’ll hear on this episode:

Within the human life cycle, we undergo the phases of infancy, childhood, puberty, maturity, and outdated age.

For our monetary life, we additionally undergo the same cycle – phases that describe who we’re and what our priorities needs to be in the case of our investments.

Notably, they’re:

  1. Orientation: The Keen Newbie
  2. Exploration: The Funding Apprentice
  3. Accumulation: The Wealth Builder
  4. Preservation: The Asset Protector
  5. Disposition: The Legacy Bestower

On this episode, I shared your investing objectives throughout every stage if you wish to attain monetary freedom.

Excerpts and Highlights:

Investing is a talent. Thus, you’ll want to hone it in an effort to get higher at it over time.

The place you’re proper now isn’t as vital as working in direction of advancing to the following stage. Preserve the momentum, go ahead.

Ask me a query for the podcast: Ship a voice message right here.

Related posts

Personal Finance for Couples

admin

The That means of Debt-To-Earnings Ratio and Why It Is Essential

admin

The place To Make investments Throughout Instances of Excessive Inflation

admin
Skimlinks Test