EXTRA CASH FLOW FOR STARTING UP

[Sherrod Mcgowan-green]

Everyone , has to start from somewhere , some had a head start some late , but how do you start saving up that $10,000  down payment for your first property  ? What were some side hustles you used to help bring in some extra cash ?

[Steve Vaughan]

Originally posted by @Sherrod Mcgowan-green:

Everyone , has to start from somewhere , some had a head start some late , but how do you start saving up that $10,000  down payment for your first property  ? What were some side hustles you used to help bring in some extra cash ?

 The easiest and most tax efficient money you will 'make' is what you don't spend.

Ask yourself where each purchase will put you in a year, 3 or 5.  Is that $10 lunch + the time that necessary?  Try brown bagging. How about that car payment? Stealing your cash and your future while dropping in value.  Games, clubs, clothes, phones, all drop in value and will leave you worse off a year from now.  

Each dollar you spend takes $1.30 to earn.  I happily 'save' $90k per year, but I am weird.  Earning $120k sounds like a full time job. LOL