The Investing Starter Kit Blog

Link to the last video on step 12 is HERE . Link to watch this week's video is HERE We made it to December! All 12 steps of the MGB Investing Starter Kit Process. This step is about the ongoing maintenance required for financial fluency, AND paying it forward--teaching others about the process. Speaking of paying it forward, I have learned a lot from a wonderful teacher named Leah Fisch , and she has a $37 course on Monday that I will give one free admission to the first per

Open a *brokerage account* and begin to *dollar-cost average* into an *S&P500 Tracking ETF*

Every adult—over 18–should have these three documents.

Watch the video by clicking HERE What some call a budget or a spending plan, we call a 'money plan' because it's about planning how our funds are used, with our long-term goal of financial freedom, in mind. Here is previous post on Step 9: https://www.theinvestingstarterkit.black/post/step-9-create-a-new-money-plan And here's the link to the post I mention in this week's video, a flow chart on how you might think about deploying your money: https://www.theinvestingstarterkit.

If debt is feeling like a burden, there are many pathways out.

A simple way to start gathering information about our spending and income, so that we can be prepared to invest.

The last post on Step 6 is HERE . This is a big step! Calculate your net worth, assets minus liabilities, just once a year, to get a snapshot of your financial picture. Watch the video for more. Have you taken any of these actions? Will you? How is it going for you? Let us know in the comments! And as always, thanks for reading this. All 12 steps of the MGB Investing Starter Kit process are HERE Step 1 in the MGB Investing Starter Kit process is HERE Step 2 is HERE  --Keep a

Start an 'abundance fund' with $500 in a checking or savings account, for those unexpected costs that pop up. This is an essential step for preparing to invest.

We all need somebody to lean on. With money and investing, I have found that having an 'accountability buddy' can really help people shift their relationship with money and investing. We call it a Check-in Chum, and it's so important that it's both step 4 and tool 4. The last Check in Chum Step 4 video is HERE . The last Check in Chum Tool 4 video is HERE . And the latest video is below: Click the image to go to the Step 4 video on Vimeo How to find a Check in Chum: use your

Step 3 is HERE . The previous video for Step 3 is HERE . (sometimes hearing the same thing, said slightly differently, or just totally repeated, helps us to retain and actually ACT ON the information!) Have you tried this exercise? Let us know in the comments! Quick Links: Step 1 in the MGB Investing Starter Kit process is HERE Step 2 is HERE  --Keep a Digit Tally, like You Need A Budget  or RocketMoney  or our free tracker HERE Step 3 is above! What is Investing? is HERE Wha

Regularly taking ‘DigitTally,’ keeping track of our numbers, increases our financial fluency.

This is the first step for financial fluency.