Skip to main content

Week 17 Transfer Tuesday: Advancements in Saving for House Downpayment


Related: ✅ Last week's video ➝ ✅ Upside: Use promo code RXZNW to get a bonus on your first use. ✅ Channel memberships ➝ Here are my financial goals for 2023: --- cash for a Disney trip --- $6,500 in my Roth IRA --- $20,000 to our House downpayment fund Consistent weekly financial check-ins and money moves helps me achieve bigger financial goals. TRANSFER TUESDAY: I started the Transfer Tuesday movement to motivate myself on my debt free journey to make more progress and celebrate smaller wins throughout the month. Each week I commit to doing SOMETHING no matter how small to move me closer to reaching my financial goals. It started with $5 in a week and sometimes I'm doing $500 or even $5,000. It's truly about forward progress each week. Transfer Tuesday is the day of the week where I share our financial moves to stay on track and motivate others too. Y’all are amazing and have made this series something that is so motivating to me beyond what I could have imagined! Every single week I'm committed to working on these goals. Making consistent progress every week is helping us get closer to our big dreams. Thank you for joining me on Transfer Tuesdays and on my debt free journey where I’ve paid off $43,000 in debt while also living life, saving and investing too. I've been investing in my Roth IRA and paying off debt for a while and it's super fun to be able to show you that it is possible to do both at the same time and hit debt payoff goals too. You don't have to sacrifice your entire lifestyle and all other financial goals just to pay off debt, invest for the future, or reach financial independence! #transfertuesday #savingchallenge #savingmoney ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ RECOMMENDED*: ⭐️ M1 Finance (Investing app) ➝ ⭐️ Rakuten (Cash back app) ➝ ⭐️ Fetch Rewards (Receipt scans app, $2 referral code, MV7RR) ➝ ⭐️ Amazon Favorites: ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ CONTACT ME: 🔹 Website: 🔹 Shop: 🔹 Instagram: 🔹 Amazon: WANT TO SAY THANK YOU? 🔹 Buy Me A Coffee: 🔹 Venmo/CashApp: @marypennies $marypennies SEND ME LETTERS: Mary P.O. Box 240981 Memphis, TN 38124 ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ ➝ **The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. I am not a professional and this channel is for entertainment purposes only. Do your own research!! *Affiliate links. I get commissions for purchases you make through links shown here. It doesn't affect your purchase in any way and the commissions help support this channel. I only recommend items I personally use and appreciate the opportunity to share.e...(read more)



LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
Aspiring homeowners are often faced with the daunting task of saving for a downpayment on their dream home. According to a survey by the National Association of Realtors, the median downpayment for first-time homebuyers in 2020 was 6%. This means that for a $300,000 house, a downpayment of $18,000 would be required. To help with this important financial goal, some people participate in Transfer Tuesday, which is a weekly savings challenge where a set amount of money is transferred from their checking account to their savings account every Tuesday. In week 17 of Transfer Tuesday, participants are continuing to make progress in their house downpayment savings. Some have reached their goal and are ready to start house hunting, while others are a few steps closer to achieving their target. One participant, Sarah, shared that she has been able to save $2,500 thus far, which is just over 10% of her desired downpayment. She attributes her success to the accountability of Transfer Tuesday, which forces her to make savings a priority. Another participant, James, has saved $7,500 and is well on his way to his $20,000 goal. He expressed the satisfaction of seeing his savings grow each week and believes that small steps consistently taken will lead to big results. Many Transfer Tuesday participants have also shared their tips for maximizing their savings. These include: 1. Automating transfers to take the decision-making out of the process and make saving a habit. 2. Making small sacrifices, such as bringing lunch from home or cutting back on subscriptions. 3. Staying motivated by visualizing their future home and the lifestyle they can have by achieving their savings goal. 4. Seeking out high-yield savings accounts to earn more interest on their savings. While saving for a house downpayment can be challenging, Transfer Tuesday proves to be a helpful tool for holding oneself accountable and making steady progress towards homeownership. By staying disciplined and committed to their savings goals, participants can achieve their dream of owning a home. https://inflationprotection.org/week-17-transfer-tuesday-advancements-in-saving-for-house-downpayment/?feed_id=95887&_unique_id=645a618d5283d #Inflation #Retirement #GoldIRA #Wealth #Investing #penniesnotperfection #penniesnotperfectionyoutube #transfertuesday #RothIRA #penniesnotperfection #penniesnotperfectionyoutube #transfertuesday

Comments

Popular posts from this blog

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'