Build Wealth Now: A Smarter Alternative to Debt Obsession

Doing it all doesn’t have to be exhausting, it has to be passive. When you create a plan to pay off debt, that plan can’t be the only lane you’re in during your 20s and 30s. It has to be equally weighted with a regular investing strategy. When you focus solely on debt relief, it creates a mentality of sacrifice and the “one day” effect.
I like to call it the one day effect because people always say, “One day when I pay off my credit cards, I will _____,” or “One day when I win the lottery, I will ______.” One-day dreamers could use the same weighted effort to have it all if they introduced passive strategies to both pay down debt and invest.

Before we talk strategy, let’s evaluate the numbers behind this.

👷 The Early Investor

• Bought a $500,000 house at age 25
• Started investing $23,000 per year into a 401(k) at age 25 and received a 5% company match
• Average growth: 7% per year
• Age 35: $505,000 in retirement
• Paid off the house at 55
• Age 65: $4.5 million invested and house paid in full

👷 The Late Starter

• Bought a $500,000 house at age 25
• Put an extra $23,000 per year toward the mortgage
• Paid off the house in 13 years
• Started a 401(k) at age 38, investing $23,000 per year with a 5% company match
• Average growth: 7% per year
• Age 55: $696,000 in retirement
• Age 65: $1.6 million invested and house paid in full

Savings = short-term safety
Investing early = long-term freedom
Inflation eats away at cash sitting in savings

Here’s how to get it all done without stressing out:
Look at your debts with the intent of a two to five year payoff schedule, prioritizing high interest loans first. Pay them off one at a time while continuously making on-time payments through your payroll provider or bank. Don’t pay according to the due date pay on the first of the month before the due date.

When you pay off one debt, instead of automatically using that set aside money to accelerate other debt, compare the growth rate of your investments to the interest rate on the remaining debt. Allocate the money to whichever gives you the higher percentage return.

You’ll eventually reach a point where you still have debt, but the interest rate is lower than the growth rate of your investments. That’s when you can put your debt schedule on set it and forget it mode.
At that point, you understand the impact of a plan and instead of saying “one day,” you have measurable goals that help you live your one day now.

Start your plan with me today.
This year will end with you living one day.

Help Me More