This “financial order of operations” could be your ticket to financial freedom. If most Americans followed these steps, they would find themselves debt-free, with full retirement accounts, passive income, and “wealth-accelerating” investments that only top-income earners can access. But you don’t need to make hundreds of thousands of dollars a year to follow this “Stairway to Wealth”; you just need to follow these steps!Andrew Giancola from The Personal Finance Podcast built the “Stairway to Wealth” after realizing that the common wealth-building plans, like Dave Ramsey’s “Baby Steps,” wouldn’t fit most people’s lifestyles. Instead, Andrew worked to develop a system that almost anyone could use, one that was tailored to TODAY’s financial environment and gave people more of a choice when it came to their investments.Following this nine-step plan, you can go from low cash and high debt to debt-free, financially safe and secure, and invested for your future. Whether you’re starting on step one or step nine, this type of financial framework can make financial independence and early retirement MUCH easier.In This Episode We CoverThe “Stairway to Wealth” financial order of operations ANYONE can use to build wealth Emergency reserves and why the “$1,000 standard" amount ISN’T enoughRoth IRAs, 401(k)s, and which retirement accounts to invest inPaying off debt and which interest rate is worth tackling firstThe “wealth accelerators” that boast massive returns but with higher riskThe “super retirement account” that most Americans don’t know aboutAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingJoin BiggerPockets for FREEScott's InstagramMindy on BiggerPocketsGrab Scott’s Book, “Set for Life”Listen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Money MomentLearn from Other Real Estate Investors on the BiggerPockets ForumsStart Your Real Estate Investing Journey with the “BiggerPockets Real Estate” PodcastAre Dave Ramsey’s 7 Baby Steps OverratedMaster MoneyThe Personal Finance PodcastThe “Stairway to Wealth”Andrew on BiggerPockets Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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