LogFAQs > #983765834

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Topic	Life Pro Tip: Do NOT just sit on money in a savings account your whole life
HeroFlyChao 01/22/25 12:24:42 PM #26:	This is a great topic btw, thanks TC. My biggest challenge has been building enough overhead savings to get to stage 7, because I needed to rebuild stage 1 thanks to an unemployment gap and some medical/auto emergencies. Last year I even had to pause my 401k/Roth contributions for a bit to cushion things and get back on track. And having a child on top of all that has definitely stretched our budget thin. And saving for a house. But 1000% agree that the best way to build quiet wealth is setting up an auto-transfer to your account of choice. And even in small amounts, smaller than you think, over time it adds up to a LOT. --- DOT MATRIX WITH STEREO SOUND <cite>HeroFlyChao posted [p:983765834] in Life Pro T... [t:80922432]...</cite> <quote>This is a great topic btw, thanks TC.My biggest challenge has been building enough overhead savings to get to stage 7, because I needed to rebuild stage 1 thanks to an unemployment gap and some medical/auto emergencies. Last year I even had to pause my 401k/Roth contributions for a bit to cushion things and get back on track. And having a child on top of all that has definitely stretched our budget thin. And saving for a house.But 1000% agree that the best way to build quiet wealth is setting up an auto-transfer to your account of choice. And even in small amounts, smaller than you think, over time it adds up to a LOT. --- DOT MATRIX WITH STEREO SOUND</quote> ... Copied to Clipboard!
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