Money Guy Show How to Master Your Money in 9 Steps
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Sep 19, 2025 Discover the nine-step Financial Order of Operations to transform your wealth journey. Start by funding your highest deductible and capturing employer 401(k) matches. Learn to eliminate high-interest debt with strategic tactics. Build a robust emergency fund and maximize tax-free growth through Roth IRAs and HSAs. Aim for hyperaccumulation with a 25% savings rate to fund your dreams, from education to travel. Finally, explore when to tackle low-interest debt for ultimate peace of mind.
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Ground Rules That Make Wealth Sustainable
- Ground rules matter: know your why, be generous, and 'bedazzle your basic life' across decades.
- These behaviors make financial discipline sustainable and let you enjoy life while building wealth.
Cover Your Highest Deductible First
- Put aside enough liquid cash to cover your highest insurance deductible so you avoid desperate decisions.
- Hold it in a high-yield savings or money market account so it remains liquid and earns interest.
Take Full Advantage Of Employer Match
- Contribute at least enough to your employer plan to capture the full match because it is free guaranteed return.
- Understand plan details and set contributions to grab the match consistently.
