The first step to this is to create a budget. A budget can help you determine your total income, spending habits and calculate your current net worth as well.
As an American citizen, you have access to various types of retirement accounts such as 401(k) and IRAs which are long-term savings accounts with tax implications designed to help you add extra money to the accounts.
The stock market conjures up ideas of windfall gains and losses – surely, it’s so risky to invest in shares these days. How do you decide which stocks to put your hard-earned money in?
Understand where you are, what leverage you have to negotiate with, and where you’d like to end up.
You don’t necessarily need another degree or high level skill set to start a side gig. What you need are skills that are in demand and that can be monetized.