PB6: How Much Can You Save?

A listener comments, "I wish they'd mentioned earning more $$$!" Ask and ye shall receive! We've got good news and bad news. You can definitely make more money, but it'll take a little patience and a lot of sacrifice. For the average person, it'll also take a lot of years but more on that later. If you want to be a millionaire, this is the episode for you. We tell you exactly how much money you need to invest each month at age 20, 25, 30, and 35 to have a million dollars by the time you retire. Aint got time for that? You want the expedited road to riches? Don't worry, we've got you cover, too. On this episode we discuss some ways to make more money right now and we cover some quick and easy ways to lose money (avoid these debt traps). Want to know how close you are to the 1% right now? Use this calculator. Want to know which jobs will help you make over six figures? We've got you covered @PayBalances. So, now that you know how to make a million dollars and which jobs you should focus on to get there, then why is it so hard to make $100,000 in the first place? Here's your answer. Luckily, if you've got youth on your side, there are even a few immediate lifestyle changes you can make in your 20s and 30s to improve your odds of making more income but be careful not to over extend yourself. Last but not least, do you want to know the exact month and year you'll be a millionaire? There's a calculator for that. At PaychecksAndBalances, you ask the questions. We find the answers.

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