The Simple Way to Grow Money
The Series on how to grow money will provide short, simple resource guides to help you invest with minimal knowledge.
The Secret Life of FI lays out a money growth roadmap simple enough that anybody can follow it. Some steps are so simple and short, they could fit in one tweet.
The diagram below provides the roadmap to financial independence. It starts with All American debt and progresses from wealth growth to early retirement.
Follow this guide to determine what to do with your money at each stage: what to save for, what debts to pay, and where to invest in each stage of wealth growth.
If you are following the 4 steps of FI, then you resisted lifestyle inflation and are producing surplus money every paycheck. Below will direct you on where you should focus this disposable income to become FI.
A two earner household could potentially reach early retirement in just 15 years, a milestone hit by the FI family following the same roadmap.
By the end of your own journey, you’ll have moved from maxing 401Ks to investing in a taxable brokerage account, where the funds you accumulate are going to provide money to bridge you until you can access your retirement funds early and penalty free.
If you are looking for low stress, low-time investment, hands-off guidance to manage your money and retire as early as possible, follow the Grow Money series key steps below.
Investing Made Simple
Market Timing Secrets
Avoid These Mistakes
Note. Before you can grow your money, your income must exceed your expenses. If you aren’t there yet, check out the Secret Life of FI Save Series first.