All right, hot take here. But if you're watching this episode, you're already more financially

aware than just the average Joe. That's right, caring about your money is the first step

towards financial peace. But here are five signs that you might be doing better than you think.

Make sure to like, subscribe, and show this

episode with a friend. First and foremost, you live on less than you make. Yeah, what do I mean by

that? It means that debt is not funding your lifestyle. So if you do have tons of credit cards and

car loans and student loans and HELOCs, all of it. What can happen is all of that is so normalized

in our culture. And so the idea of living paycheck to paycheck or even spending above what you're

making to not create a lavish lifestyle, it's not that, but just to keep things moving, that is so

normal. So if you're not doing that and you are living below your means, meaning you have margin with

your income every month that you can use to save or invest or give or whatever you want to do,

but when your lifestyle is below your income, you're doing great.

Number two, you have savings.

Yes, this one is wild.

Close to 40% of Americans can't cover a $400 emergency in cash.

So having any kind of savings, you're doing amazingly well.

Okay, so the first goal really with this is to get $1,000,

and that's your starter emergency fund,

then pay off all of your consumer debt,

and then you can bump that up to three to six months of expenses.

So if you have any of that, right, like any more than $1,000 save just for the just in case, like you're doing awesome. And then, not to mention retirement, when you're investing in retirement, I would love for you to invest 15% of your income into retirement after you're out of debt, but that there is something to be said about people that are focused on their retirement

savings and they're doing more than just their match.

...