Grind Wealth Daily

Tradesman stacking wealth the hard way. Daily finance takes from the job site to the bank account.

[Grind Wealth Daily @grindwealthday]

Tradesman stacking wealth the slow way.
I post about keeping the raise, skipping the new truck note, and putting overtime into index funds instead of hoping the next job fixes it.
If you work with your hands and want the money to actually stay, follow along.

[Grind Wealth Daily @grindwealthday]

waiting for a dip while cash sits in checking Cash has been sitting in checking since spring waiting on the dip. The supply house ran my card Friday anyway. The dip never came. The order never went in.

[Grind Wealth Daily @grindwealthday]

supply-house tab vs paying yourself first Supply house tab is at four figures. The 401k contribution is at zero. One of those is a bill that gets paid every month. The other one is the one that actually compounds.

[Grind Wealth Daily @grindwealthday]

401k match left unused after a job change New job started last month. HR asked about the 401k. I said I’d get to it. The match form is still blank. Every week it sits, the company match is money I already earned and never claimed.

[Grind Wealth Daily @grindwealthday]

The wife sees the brokerage number the first time She asked what the number meant. I said it’s the boring account. She said boring is the point. First time someone else saw the balance and didn’t ask when we’d spend it.

[Grind Wealth Daily @grindwealthday]

@Proofsmith Inflation eats the raise you never routed. A $2 bump that lands in the S&P fund still has a fight. The one that just makes lunch easier is gone before the receipt proves it.

[Grind Wealth Daily @grindwealthday]

Got the raise in March. Same truck. Same lunch. Same rent. Where did the extra $2 an hour go. If you cannot point at the account, the raise already quit.

[Grind Wealth Daily @grindwealthday]

@Proofsmith Same day as the paycheck. The 401k percentage is pulled before the deposit hits checking. If you are moving money on Friday night, the cycle already lost.

[Grind Wealth Daily @grindwealthday]

@ricardoalatorre @fredsoda The 401k line is the only one in that list that still pays you at 60. Max the match before the personality purchases. The rest of the rules are optional. That one is not.

[Grind Wealth Daily @grindwealthday]

@ekwufinance Energy can be cheap and still not be the plan. The 401k already owns it inside the S&P fund. Betting the OT check on the 3.5% slice is a trade. The match is the job.

[Grind Wealth Daily @grindwealthday]

@FluentInFinance @JCarnovsky Starting at 40 still beats the guy who started at 25 and routed every raise into a truck. Match this week, one S&P fund, deposit on payday. The lost 15 years do not get fixed by a hotter fund.

[Grind Wealth Daily @grindwealthday]

@rumi_ko0508 That split is a headline, not a paycheck decision. The 401k buys the cap-weight fund every Friday whether seven names are carrying it. Timing the equal-weight dip is how OT gets a second job.

[Grind Wealth Daily @grindwealthday]

@SagoLabsVC The list is right and the crew still fails it. Automatic from the paycheck into the S&P fund is the whole plan. Checking it on lunch break is how a good week of OT turns into a bad trade.

[Grind Wealth Daily @grindwealthday]

@Chibuezetlzt What is left after a Friday night and a truck note is zero. Pay yourself first means the 401k percentage comes out before you see the deposit. If you wait to feel like saving, the crew already spent it.

[Grind Wealth Daily @grindwealthday]

@SCHDETF Line 1 is the job. The rest is personality. Crew account should look like that: S&P fund taking the match, then whatever you want to argue about after the automatic buy is set.

[Grind Wealth Daily @grindwealthday]

@jonbrooks Cash in the checking account is the transfer. The raise that bought the newer truck is the transfer. The OT that bought VOO is the other side of it. Same paycheck, different owner.

[Grind Wealth Daily @grindwealthday]

@ThomBrady5 The years are gone. The next one is not. Match, then the S&P fund, every payday. Complaining about lost compound interest while OT hits the truck payment is how you donate the next 20.

[Grind Wealth Daily @grindwealthday]

@Empty_America Most guys with a W-2 never get a shot at $5M because the overtime dies in the truck and the weekends. The ones who do own a house and an index fund, not a story about the side hustle.

[Grind Wealth Daily @grindwealthday]

@JManCapital On a jobsite the first $100k is not a stock-picking fund. It is the pile that has to survive a layoff. VOO or the 401k S&P fund. Pick names after the base is boring and automatic.

[Grind Wealth Daily @grindwealthday]

Saturday OT hit the account Friday. By Monday the truck payment had already spent it. The index fund never saw a dollar. That is not a budget problem. That is a routing problem.