The Practical Mystic Show - with Janine Bolon
Business:Investing
You allocate your money in this way using the 60/40 principle:
60% you live on. This goes into your main checking account
10% goes into a long-term saving vehicle (IRA, 401k, Keogh account, solo401k) for retirement. If you don't currently have a retirement account of any kind, open two savings accounts at your bank (one for long-term savings and one for short-term savings)
10% goes into a short-term savings account for use in those occasional large-scale expenses (such as new tires) or emergencies (the hot water heater leaks all over your newly laid carpet!)
10% is tithed to a church or secular charity that is in line with your purpose and passion. this is your "rent" for occupying space on the planet.
10% is pure philanthropy. That's right, you just give it away for the benefit of the community at large. This primes the pump so that the Universe starts sending more money your way.
Once you've retired your debts, you start applying the 60/40 principle to all of your income.
Questions? Take my free online course 10 Steps to Abundance https://app.ruzuku.com/courses/26243/... or
Connect with me on LinkedIn https://www.linkedin.com/in/janinebolon/
The Practical Mystic - Chrysta Bairre
The Practical Mystic - Rachel West
The Practical Mystic - Kevin Lee
The Practical Mystic - Teresa Funke
The Practical Mystic - Jeff Borschowa
The Practical Mystic -Joyce Feustel
The Practical Mystic -Matthew Schwab
The Practical Mystic -Sitting In Silence
The Practical Mystic -Finding Your Own Divine Path
The Practical Mystic -The Creation of Souls
The Practical Mystic -Reem Mousa returns
The Practical Mystic -Josephine Mariposa Interview
The Practical Mystic -Tracy Urban Interview
The Practical Mystic Ep0022 - The Flow of Money (Step 8) -(Janine Bolon)
The Practical Mystic Ep0021 - Positive Purposes for the Law of Cause & Effect (Step 7) -(Janine Bolon)
The Practical Mystic - Hypnotist Zoilita Grant
The Practical Mystic - Reem Mousa
The Practical Mystic Ep0020 - Examine Disposable Products (Step 6) -(Janine Bolon)
The Practical Mystic Ep0018 - Tracking Those Coins (Step 4) -(Janine Bolon)
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast