Episode 101 | The 8 Money Milestones

After a conversation with a financial counseling client, Art realized he needed to talk more about the 8 Money Milestones. In this episode Art walks through your guide to financial health for the sake of living generously. Notes: 8 Money Milestones Milestone 1: Start giving. Milestone 2: Save $1,500 for a minor emergency. Milestone 3: Max out your 401(k) or 403(b) match. Milestone 4: Pay off all debt except your mortgage. Milestone 5: Save 3 to 6 months of living expenses for a job-loss emergency. Milestone 6: Put 15% of your gross income to retirement. Milestone 7: Save for college or pay off your mortgage. Milestone 8: Live generously. Money Challenge: Determine where you are. Which Money Milestone are you on? Take a look at the Milestones to determine which ones you have completed and which one is your next financial goal. Resources mentioned: 10 Small Ways to be Generous This Summer | Read here: https://www.artrainer.com/post/10-small-ways-to-be-generous-this-summer Episode Sponsor: Most churches struggle to get people to give. SecureGive has created a system that helps churches increase giving so their ministry is funded to reach their community. SecureGive helps churches increase giving in 3 ways: software that makes giving easy, a custom growth strategy, and ongoing stewardship resources. They stand out by offering a real ministry partnership, the most cost-effective solution with the lowest processing rates, and the most comprehensive giving platform available. Use the code 'RAINER20' to get 20% off your first year! Learn more here: https://www.securegive.com/