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Debt-Free Living

The #1 Way to Build Wealth (Part 3)

Don’t invest in something you can’t explain. So make sure you find someone who has the heart of a teacher to help you.

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  • Katie

    How should the 15% to retirement be divided between my 401k and my Roth IRA?

    • Ramsonian D00de

      I would max out the Roth, then contibute the rest towards your 401K. The link above will guide you to an ELP that Dave and Rachel recommend and will probably tell you the same thing.

      • Ramsonian D00de

        Sorry- misspoke here. If your employer matches your 401K, then max that sucker out. Then toss the rest in a Roth. The matching 401K is free money! But still, check with Dave and Rachel’s ELPs- they won’t steer you wrong.