Everywhere you turn, there is information out there on how to manage your money. However, most of it is conflicting and difficult to navigate especially if you're not naturally a numbers person.
So, what are you left to do?
Continue on your current path? Or figure your own way and hope it works?
While most of the advice is good and valid, for me personally, there was one thing glaringly wrong. (Yes, we learned this after many, many mistakes.)
No progress will be made if you attack everything at once.
It is a recipe for disaster. However, most of the financial gurus say to buy a house, pay off debt, save for retirement, and start a 529 plan all at the same time.
The typical financial advice has you walking on thin ice. You are trying to get ahead on a slippery slope. There is no foundation to stand and build on towards financial independence. The cycle of paycheck and paycheck is vicious. No milestones to actually cross on your money journey.
Do you hear the ice breaking?
The clock ticks until the ice completely breaks and you find yourself stuck in a financial mess.
There are two ways to go on your money journey:
(1) Continue what you have been doing and see very little progress
(2) Build a strong foundation with money and begin to see rapid results
The choice is completely up to you.
In order to achieve a financial freedom life, a strong solid foundation is necessary.