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Episode 2760:
Lisa Harrison of MadMoneyMonster.com reveals the simple yet potent "1-4-4 Rule" that has been crucial in growing her family's wealth. This easy-to-follow strategy involves setting and accomplishing one financial goal per season, allowing for both small victories and significant progress towards financial freedom.
Read along with the original article(s) here: https://madmoneymonster.com/2017/09/29/the-1-4-4-rule-we-use-to-grow-our-wealth-to-hopefully-staggering-levels/
Quotes to ponder:
"The absolute BEST thing we ever did to help us reach our goals is track our net worth."
"Simply stated, the 1-4-4 rule is as follows: 1 = A Single Year, 4 = Winter, Spring, Summer, Fall, 4 = 1 goal per season."
"With everything we have going on in our lives, coming up with a detailed road map for financial tasks can seem tedious, at best."
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Optimal Finance Daily - Financial Independence and Money Advice