Are you a hairstylist who wants to make sure you have enough money to retire comfortably? In this episode, we will discuss the best ways for hairstylists to invest their money for retirement with Hairstylists Harley Chapman and Ambrosia Carey. We will cover topics such as how to get started in investing, the benefits of starting now, and what to look for in a finacial advisor. For more support in growing as a hairstylist confidently, join our Successful Hairstylsit Waitlist. Get instant access to our Haircutting, Styling, and Business chats in the Hair Tour Bundle Key Take-Aways: 1. Inflation is growing more rapidly than todays income can keep up with. 2. What are your long term goals & how do you plan to get there? 3. When looking for a salon home, find out if they offer retirement benefits, what do they contribute, and at what time will you qualify to join? 4. Add passive income streams to diversify your income from downloads to affiliate marketing, to brand partnerships. 5. You can start an investment account at any point even if it's a small amount. Just start. 6. Roth IRA allows an annual contribution of $6500 as long as your single income is under $153k per year. 7. Contribution to Roth IRA are made post tax. You will not be taxed once it comes time to withdrawal earnings. 8. There are some limits to how much you can put in, when you can withdrawal, and what age you can access depending on the type of account.   9. What does money mean to you? And what type of investment accounts would nurture your needs? 10. When looking for a financial advisor, ask what their commission structure looks like & how do they charge. Find Harley on Instagram Get 15% off Pharmagel, our favorite clean skincare line with code SSA15 Find us on Instagram Our video series on YouTube    

Ver todos los episodios