013. The 7 Steps to Financial Freedom

30/05/2022 11 min

Listen "013. The 7 Steps to Financial Freedom"

Episode Synopsis

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appWelcome to the LearnLikeaCPA podcast hosted by Ryan Bakke.In this episode we talked about my 7 steps to financial freedom. Emergency fund (6-9 months of expenses) Health/Life Insurance covered Contribute to employer match on 401k, but no more Pay off high-interest debt Max out Roth IRA and HSA Pay off low-interest debt Invest 20% of your incomeI believe these steps, in this order, are the best path toward financial freedom for MOST people. Be sure to think about your own situation, though, to make sure these fit your goals and your situation.Want me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa*None of this is meant to be specific investment advice, it's for entertainment purposes only.