Building your first $100,000 of net worth is possible -- it just takes consistency and a plan! I cover the steps I'd take if I had to build my first 6-figures all over again. ✨
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▻▻ timestamps 🕒
00:00 Start of video
02:03 Understanding net worth
03:16 1 - Define wealth building activities
08:27 2 - Increase your cash flow
11:23 3 - Pay down debt
13:49 4 - Mitigate financial risks
16:56 5 - Set your short-term goals
19:45 6 - Invest
22:14 Maximizing employer benefits
23:49 Final thoughts
▻▻ resources & links mentioned 📚🔗
➤ FREE Debt Payoff Spreadsheet Template - https://w4woc.com/debtsheet
➤ How to Pay Off Debt Fast Video -
https://youtu.be/N2SHOa5o4L0
►► DISCLAIMERS
⚠️ AFFILIATE DISCLAIMER: Some of my videos and descriptions may contain affiliate links and sponsored content. This means I may earn a small commission if you use these links, at no extra cost to you. With that said, I only recommend products or services I have personally vetted or used, and that I think may be helpful!
⚠️ CONTENT DISCLAIMER: This content is for educational and informational purposes only and is not intended as a substitute for legal, tax, accounting, or investment advice. When individualized advice is required, always consult a professional for guidance tailored to your specific situation.
While Lissa holds certifications as a financial planner and counselor and is committed to making financial education more accessible, she does not provide specific professional advice through this channel or any Wealth for Women of Color content. Wealth for Women of Color is an educational platform and business.
▻▻ hi! 💁🏽♀️
I’m Lissa — I started Wealth for Women of Color because not enough women of color have a welcoming space to openly learn about money and building wealth. Join my community of 🏆winners🏆 who are building wealth, by subscribing and checking me out on other platforms.
💌 p.s. after $1k it's $1M!
#personalfinance #wealthforwomenofcolor #financialeducation