Finances can be like New Year’s resolutions; we have the best of intentions but then get lost in how to actually achieve our goals. I know when I am unsure of where to start, a concise list of next steps can truly help. Get a plan together and take action on your finances:
- Start your small emergency fund: We like to say three to six months, but if you are just starting out, one month of leeway is a huge milestone. You can always revisit this step later.
- Get the free money: Contribute to your 401(k)/TSP, at least up to your employer match.
- Make HSA contributions: These reduce your taxable income and grow tax-free should you decide to invest it. It is a gold mine for early retirement!
- High-interest debt: Use the “avalanche” or “snowball” method to wipe out your debt.
- Track your spending: I am old school, and I find an Excel spreadsheet with three months of past expenses that can serve as a great average for your spending. A tracking app works great, too!
- Use your individual retirement account (IRA): Contribute to Roth or traditional IRAs based on your individual needs.
- Invest in a brokerage account: Investing in a brokerage account is necessary to access cash before retirement.
- Increase your income: Invest in real estate, pick up extra hours, or start a side hustle.
- Be generous: Don’t forget that you can help others on their path to FIRE. Start a 529 or a donor-advised fund (DAF).
If you aren’t sure what to prioritize, I like to make sure that any account that has a year-end or tax-filing deadline are maxed out before it’s too late. Remember that any of these actions will get you closer to your FIRE goal!
You Might Also Like
Debut Poetry Collection Body Memory by Meriwether Clarke Explores Identity, Violence, and the Power of Remembrance
Portland, OR, December 26, 2025 --(PR.com)-- Unsolicited Press is proud to announce the release of Body Memory, the debut full-length poetry...
The 4 Best Types of Rental Properties for NEW Investors to Buy
So, you want to invest in real estate…but where should you start? What’s the best type of rental property for...
Ascent Equity Group Closes Wandery Fund II and Launches First Distribution, Expanding Into Short-Term Rentals with Strong Investor Momentum
Los Angeles, CA, December 23, 2025 --(PR.com)-- This strategic diversification was executed in partnership with Wandery Capital, a best-in-class short-term rental...
A New “Land Rush” and the Real Recession Hits
Dave:2026 is almost here and that means we are still in the swing of prediction season and we got good...








