The Practical Mystic Show
The Practical Mystic Show
Janine Bolon
023 – The 60-40 Principle (Step 9)
13 minutes Posted Apr 15, 2020 at 5:00 am.
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You allocate your money in this way using the 60/40 principle: 60% you live on. This goes into your main checking account 10% goes into a long-term saving vehicle (IRA, 401k, Keogh account, solo401k) for retirement. If you don’t currently have a retirement account of any kind, open two savings accounts at your bank (one for […]