Playback speed
×
Share post
Share post at current time
0:00
/
0:00
Transcript

Avoid Going Broke: 3 Steps to Manage Your Money After You Get Paid

Coins to Comfort Video Edition Part 3

So, you’ve landed a good-paying job—what's next? If you're like most people, you might not know exactly what to do with your newfound income.

Whether you're dealing with investing, saving, or managing credit cards, this video breaks down three essential strategies to ensure you're making the most of your money.

In this episode of the Coins to Comfort series, I’ll walk you through:

Why 401(k) matches are free money you shouldn’t leave on the table

How a Roth IRA can save you from paying taxes on your investments

Smart ways to build savings without feeling restricted or bored

Tips for responsibly using credit cards and avoiding debt traps

Timestamps:

00:00 - Intro: Lottery Winners & Money Mismanagement

00:20 - Three Steps to Financial Success

00:31 - 401(k) & Employer Match

01:57 - Roth IRA Explained

03:08 - Qualified vs Non-Qualified Accounts

04:56 - Why a Roth IRA is So Powerful

06:03 - The Importance of Savings

06:45 - Out of Sight, Out of Mind Savings Strategy

07:50 - Online Savings Accounts & Interest Rates

08:40 - How to Manage Credit Cards Responsibly

10:01 - Credit Card Sign-Up Bonuses: Caution!

11:02 - Paying Off Debt: Avalanche vs Snowball Method

12:46 - Free Session Offer & Next Steps

If you're looking to build wealth and improve your relationship with money, this guide is for you.

🔗 FREE no pressure 1-on-1 coaching session to help you implement these tips or take control of your finances

Get exactly the resources YOU need by letting me know what you need help with here

Watch Next:

Part 2 of the Coins to Comfort series

Learn how to avoid being seen as arrogant as you build success:

Ostara Coaching
Ostara Coaching
We don't just help you deal with your problems we help you intentionally craft your life in a way that feels purposeful and fulfilling for you.