This week we are continuing to work on maxing out MY Roth IRA for 2023, which is our third goal of our financial goals for 2023. Every single week we are stashing money into investments in order for us to reach this financial goal, and the rest of our goals for 2023. Every week I share our progress as well as any extra income (side hustle income) we use to increase our amount to send to savings.

Debt Free Friday Background: I use weekly payments to help me achieve my financial goals. I share every Friday a series called “Debt Free Friday” where we discuss my weekly debt payments, as well as any side hustle income we have brought in to put towards our debt. This consistency has helped me pay off over $132,000 of debt and become DEBT FREE!!!! If you want to join, please tag me in your posts or videos so I can watch them!

WATCH NEXT:
○ Last Debt Free Friday:
○ September Budget with me:
○ Our 2023 Goals:

//COME SAY HI!
Instagram:

//SUPPORT
Want to support my channel?

//SHOP MY PRODUCTS!
My Etsy Shop:

//FREQUENTLY REQUESTED LINKS:
○ Shop my Amazon favorites:

//MY FAVORITE PERSONAL FINANCE READS:
Simple Path to Wealth:
Total Money Makeover:
The Psychology of Money:
I Will Teach You to Be Rich:

//FAVORITE APPS + DISCOUNTS:

Build Wealth By Investing Course:

○ M1 FINANCE: Get $10 when you sign up using my link!
○ FETCH REWARDS: $2 bonus using this link
○ RAKUTEN: Get $30 when you spend $30! www.rakuten.com/r/YGF7T8?eeid=44749
○ MINT MOBILE:

//TOOLS & SERVICES I USE:
○ Where I find my music (Epidemic):
○ Overhead Tripod:
○ Mic:

//CONTACT:
For business inquires ONLY, please use this email: dear.debt1@gmail.com

And make sure you subscribe to my channel! 😊

DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!

PLEASE NOTE: I am not a finance professional and just want to share my journey openly and honestly. This is only my experience and not intended to give financial or legal advice.

#debtfreefriday #debtfree #debtfreecommunity #budget #budgetmom #debtsnowballupdate #debtfreejourney #debtfree #financialpeace #savemoneywithme #passiveincome #sidehustleincome #babystep3b #daveramseybabysteps #transfertuesday…(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

Debt Free Friday | Making Progress on My Roth IRA and Our 2023 Financial Goals!

As we bid farewell to another busy week, it’s time to celebrate Debt Free Friday! This is the day I set aside each week to reflect on my financial journey and make progress towards my ultimate goal of becoming debt-free. Today, however, there is even more cause for celebration as I also focus on advancing my Roth IRA and the financial goals my partner and I have set for ourselves by 2023.

When it comes to becoming debt-free, it’s important to constantly evaluate your financial situation and make adjustments wherever necessary. Debt Free Friday serves as a regular checkpoint to assess my progress and identify areas where I can improve. For instance, I closely examine my spending habits and look for opportunities to cut unnecessary expenses. By making small lifestyle changes, like brewing my own coffee at home instead of splurging on expensive coffee shop beverages, I can contribute a little extra towards my debt payments each month.

Paying off debt is not an easy task, but setting specific goals helps to keep me motivated. That’s why I have established a debt repayment plan with clear milestones. Every Debt Free Friday, I celebrate each milestone I have reached and track my overall progress. This helps to maintain a positive mindset and keeps me focused on the long-term goal of financial freedom.

While debt repayment is an essential part of improving one’s financial situation, it is equally important to plan for the future. That’s why Debt Free Friday also serves as the perfect opportunity to evaluate my investment portfolio. In particular, my focus is on my Roth IRA, an individual retirement account that offers tax advantages when it comes to withdrawals during retirement. By contributing regularly to my Roth IRA, I am ensuring a secure and comfortable retirement.

Saving for retirement may seem like a daunting task, especially on top of paying off debt. However, by setting achievable goals, it becomes more manageable. For example, my partner and I have set a target to contribute a certain amount to our Roth IRAs by 2023. To achieve this, we budget our monthly expenses and allocate a specific portion towards retirement savings. This not only ensures that we are consistently saving but also allows us to monitor our progress towards our goal.

In addition to debt repayment and saving for retirement, my partner and I have established other financial goals for 2023. These include building an emergency fund, saving for a down payment on a house, and investing in other avenues such as stocks and bonds. By setting these goals, we have a clear roadmap that allows us to prioritize and plan accordingly.

Debt Free Friday is not just a one-day event; it serves as a constant reminder of the progress I am making towards a debt-free and financially secure future. By evaluating my financial situation, celebrating milestones, and setting clear goals, I am able to make consistent progress. So, cheers to Debt Free Friday, my Roth IRA progress, and achieving our 2023 financial objectives!