Matt Harbaugh | Personal Finance | Investing 📈

Posts on personal finance, investing, and business | I help you start and build long term wealth that lasts

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

"In the long run, it's not how much money you make that will determine your future prosperity. It's how much of that money you get to work by saving it and investing it."

-Peter Lynch

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@nickth3kid Dividend growth stocks over high-yield. Prefer businesses that can afford to pay a growing dividend

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

How to Pay Off Your Debt

Debt Avalanche vs. Debt Snowball

🧵

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@zachmelloh26 The backdoor Roth conversion is an underrated strategy to take advantage of the benefits of the Roth account

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

Lots of value here 👇

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@nickth3kid Sorry to hear about your loss

Wishing you all the best during this time

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@money_cruncher This is a great way to maximize tax savings

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@StockMKTNewz Stagflation?

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

Is getting a master's or PhD a good ROI anymore?

[unusual_whales @unusual_whales]

Students enrolled on about 40% of America’s master’s courses will either make no extra money or incur a financial loss, per the Economist.

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@InvestInAssets The "do nothing" part is the hardest

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

Lots of value here 👇

[Matt Garasic, CFP® @Matthew_Garasic]

I manage my finances the same way I help high-net-worth clients manage theirs.

I developed this personal finance blueprint over 8 years in the financial industry and two years running my own financial planning firm.

You can have it for free...

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@Matthew_Garasic Wow! So much value here Matt! I really like the cash flow plan in assigning a dollar amount and timeline for long-term purchases

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@nickth3kid Nothing gets done with no action

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

What 3 personality traits do the great founders have in common that lead them to outperform 99% of entrepreneurs? Here's what they are:

1. Brute force (having high standards)
2. Extreme bias for action
3. Speed

Learn these to become unstoppable

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@unusual_whales Historically, this has not been a good indicator for short term stocks

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@Invest_Brandon Amazing!

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@Invested_In_You This is a smart move that many don't know is possible

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@MoneyJrod Tax-free growth too!

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@zachmelloh26 So many get confused between pre-tax and Roth. This is a great breakdown of both

Thanks Zach for putting this guide together

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

@nickth3kid Hold yourself accountable for the good and the bad

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

Tl;Dr

There are 2 strategies to pay off debt

The avalanche method is mathematically the fastest way but it can take a long time to see progress

The snowball method takes longer but helps you stay motivated through the process via quick wins

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

How to Pay Off Your Debt

Debt Avalanche vs. Debt Snowball

🧵

[Matt Harbaugh | Personal Finance | Investing 📈 @slowwealthmatt]

9/ No matter your chosen method, stick with it until you achieve zero consumer debt

In a high-interest savings environment, consider not rushing to pay off low-interest, fixed-rate debt