How do I find a mentor that will help me be successful financially?
Find someone who first is financially successful and you will know because they will never ask for your money or ask you to invest with them on anything.
MENTORING YOU ON MONEY
- The day you begin earning money regularly save 10% in an S&P Index Fund (no-load or fee). Vanguard, T. Rowe Price, and or Fidelity. A large great company. Put this in a retirement 401k/ 403B/ IRA – PRE TAXED and NO PROFESSIONAL ADVISORS GETTING A FEE.
- Create an emergency fund of 3–6 months living expenses.
- Next, earn a good living by being great at what you do. It does not mentor what you choose to do BE GREAT AT IT. Become invaluable and you will get paid better than most. If you get paid more you can save/ invest more.
- 40 hours a week pays the bills and 60 pays for a great life. Work harder than everyone else early on at the very least.
- Your goal is to at some point: invest 10% in retirement which was rule 1, then put 10% in savings and give 10%. When you can live on 70% you will never spend in your life worrying about money.
