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So You Got a Raise… Now What?

Episode 77 Published 6 months ago
Description

Congrats on the raise! But here's the thing  -  if you don't have a plan, that extra money will quietly disappear into everyday spending without ever moving the needle on your wealth.

In this quick episode, Meghan and Maddie walk you through a simple formula to make your raise actually work for you.

What we cover:

  • How to calculate your real take-home after taxes (hint: it's less than you think)
  • The 50/30/20 raise formula: Future You / Needs / Wants
  • How automation can make this happen without lifting a finger
  • Why intentional spending is the antidote to lifestyle creep

Resources mentioned:

This week's action steps:

  1. Calculate your actual take-home from your raise
  2. Decide your split
  3. Set up automation

Read the full Show Notes Here!

 

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