Welcome back to the Kaizen Gal Podcast!

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Disclaimer:

The Kaizen Gal Podcast should not be taken as an investment or financial advice. I am not a financial planner, nor do I pretend or intend to be one.

I am sharing what works for me, that is specific for me and for the stage of life that I am in.

--> Always make sure to do your own research and due diligence before making any investment or financial decision.

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The goal of the Rags to Riches series is to share tips and habits I picked up in order to help me manage and automate my personal finances. Financial anxiety is real while scarcity mentality will hinder you from expanding the reach and ROI of your money.

So here is my rags to riches story, except I am not that rich...yet ^^

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First and foremost, before diving into today’s episode, make sure you listen to the previous one on “paying and managing debt” and that you implement or at least understand what I suggested there.

The second episode of the series is about the importance of paying yourself first. You are your FIRST employee.

1. Use different accounts for different types of transactions, or transactions of different purposes.
2. Save for retirement!
3. Invest, no matter how small. What matters is consistency and time, rather than temporary intensity.
4. Set up an emergency fund
5. For any plan or dream you have for the year, set up a separate automated transfer

Combining and revisiting my different accounts, I regularly save between 38% and 52% of my net income each month.

External factors may impact that % month over month but my savings ratio for the year is 41%.

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Want to learn more? Take a seat!

If you have questions or topics you'd like me to address, email me at info@thekaizengal.com

Don't forget to subscribe ^^

Last but not least leave your a 5-star review anywhere you're listening to this podcast.