Choccolocco June 15th

Tanner definitely puts more effort into it than anyone I know.

I just try to make sure my money is always making as much money as it can.

 

It will pay off for him too,
Making your money work for you is what it takes for sure

 

I'm maxing out that company sponsored Roth 401k which is nice that it went up this year.

I live like I make minimum wage lol.

I know plenty that live paycheck to paycheck and I feel bad for them, I work in an office with a guy and he lives with his parents yet I can save more than him. Idk his situation, but somethings up.

 

Me and my wife actually just set up Roth IRAs for the both of us. I’m exciting to really start saving productively. Maybe one day I can be like Jeff.

 

I will most likely open a Roth IRA next year, so far I've just been upping my %% into my 401k...at 12% now.

 

That’s smart. I plan to just put in what they’re matching at work then max out my yearly contribution to my Roth. If I have anything extra, maybe some stocks.

 

yeah I've doubled my match at this point, but it's done so well it's made sense to up that percentage each year. will soon be time to get other avenues working as well though.

 

your own Roth IRA managed by yourself or what?

 

If you’ve got the means, might as well.

 

I got a guy.

 

don't know yet, haven't looked into it too much.

 

well and it's tax free donations...unlike putting into the Roth which is money after taxes.

 

True. I don’t see taxes going down so might as well pay it now. Idk, my financial guy explained it and it made sense. Lol.

 

speaking of other avenues that's one reason why I've thought about rentals.

My company doesn't match, they give you a % of your salary rather you contribute or not. Biggest advantage of company sponsored 401k vs IRA is the limits.

IRA if you manage it yourself you're not paying as much fees.

I play with stocks as well, but that can be stressful at times.

 

haha yep. my financial guy is currently my dad. dude can't do any hands on work whatsoever, but when it comes to finances and shiz he's the guy.

 

I’m about 75% to go.

 

You need to be better than me, I can't drive a Bugatti so there is much room for improvement

 

Hell yeah

 

Lol. I’d be more than happy to build samurais like you.

 

Provided I had the means, I’d much rather spend money building trucks than buying expensive cars.