DWM Wits/Wisdom! I asked... you answered! 😃 Also enclosed, an invitation ✉️ to my upcoming webinar...

Last week, I had asked you to send me some advice you would've given to your younger self.

The response was AMAZING! 👍

I wanted to share the advice you all sent in below: ⬇️

• Find a job that you love and stick with it. Salary should never be your primary consideration. Commit for the long haul. 👩‍💻
• Never be afraid to ask for exactly what you want
• Don't spend more than you make. Budget, budget, budget.
• While I started making regular additions to my firm’s plans from the very beginning, I should have made a practice of making systematic deposits 🔄 to my personal savings account. 
• Encourage one's child 🧒 to open a Roth IRA with their first part-time job, see first hand the rewards of long-term growth.
• Start putting away for retirement ⛱️ as early as possible (AKA - From tiny acorns do mighty oaks grow.)
• Use a knowledgeable professional from the beginning. If this is not your expertise, then find a company that has the proven success rate to go with.
• Don't blow up credit cards. 🙅‍♀️💳 You'll get buried in fees and never catch up if you just pay the minimum.
• Some might say it's easier simply to marry for love someone who is also rich right from the start; That approach, however, clearly lacks the wit and wisdom you have requested.
• The dress 👗 you thought you had to have a 21, you won't remember 2 years later or will have lost it
• Well, I would have kept the old hard drive where I mined some Bitcoins back when you could do that on a desktop… 🤯
• I’d have reversed the ratio of fixed income to equities and, of course, sought out professional investment advice much sooner.
• I would encourage your younger clients to talk with their partners/children if and when they have them, including their female partners /daughters, about their financial situation and their views of important financial planning for the future.
• I would have started regularly investing sooner and more aggressively but prudently.
• Start planning and saving as early as possible......no matter what your income may be.
• But what I would tell my younger self, besides spending less than you make is to have a plan from Day #1 of work.
• Save a work check, spend a work check. Accumulate a savings acct for financial backup.
• I would encourage myself to immediately set up automatic savings 🔄 each paycheck starting with maxing my 401K contributions (not just getting the company match).
• College 🎓 is one of the few things in life, besides a home and reasonable home improvements, that will appreciate in value over time. 
• Become better educated 👨‍🏫 about charting a course for the future as soon as I started my first full-time job.

Onward and Upward! 🤙

Lance & The Drucker Wealth Team