Master Your Money: The 10-Step Roadmap To Wealth
Mar 21, 2025
You’re Broke Because You Have No System
🖥️ Reading time: 8 minutes
You make money. You spend money. Yet, somehow, at the end of the month… there’s nothing left. Sound familiar?
Most people wing it with their finances. And that’s why most people stay broke.
Here’s the truth:
- 60% of Americans live paycheck to paycheck.
- The average credit card debt is $6,380.
- Most people have no clue where their money is going.
That’s why you need The Monthly Money Roadmap (MMP)—a step-by-step system that tells you EXACTLY what to do with every dollar.
No guessing. No confusion. Just a clear plan to build wealth (fast).
The 10-Step Money System
Step 1: Cover Your Deductibles
One accident. One emergency. And you’re back to square one.
Before anything else, make sure you can cover your insurance deductibles—health, car, home. If you can’t, you’re at risk.
📌 Action: Check your policies. Adjust deductibles to lower premiums. Protect yourself now, visit my car insurance comparison tool.
Step 2: Grab Free Money (401k Match)
Your employer is literally giving you free money.
If you’re NOT maxing out your 401(k) match, you’re throwing cash in the trash.
📌 Action: Contribute enough to get the FULL employer match. Stop leaving money on the table.
Step 3: Kill High-Interest Debt (Now!)
Credit cards. Payday loans. Anything over 10% interest. They’re eating you alive.
If you’re paying 25% interest, paying that off is like getting a guaranteed 25% return. Best investment you’ll ever make.
📌 Action: Wipe out high-interest debt ASAP. No excuses.
Step 4: Stack Cash (Emergency Fund)
Life happens. You will get hit with unexpected expenses.
If you don’t have cash saved, you’ll swipe a credit card… and boom, you’re back in debt.
📌 Action: Save 3-6 months of expenses. Put it in a high-yield savings account. Done.
Step 5: Max Tax-Free Accounts (Roth IRA & HSA)
Want to never pay taxes on your investments? This is how you do it.
📌 Action: Max out your Roth IRA & HSA every year. Future you will thank you.
Step 6: Max Out Employer Plans
Maxed out your Roth? Go back to your 401(k) and hit the limit.
Got an Employee Stock Purchase Plan (ESPP)? Buy shares at a discount. Easy money.
📌 Action: Contribute as much as you can into tax-advantaged accounts.
Step 7: Build Your Freedom Fund (Brokerage Account)
The rich get richer because they invest.
If you’re not putting money into a brokerage account every month, you’re playing the slow game.
📌 Action: Set up automatic investments. Every. Single. Month.
Step 8: Prepay Future Expenses
College for your kids? A big purchase in the future? Plan ahead.
📌 Action: Start a 529 plan or other tax-efficient savings plan.
Step 9: Destroy All Debt
Low-interest debt isn’t as bad as credit cards. But it’s still a weight holding you back.
📌 Action: Pay off mortgages, student loans, anything left. Debt-free = true freedom.
Step 10: Cover Groceries & Utilities
Keep the lights on and feed your family, whatever is left is disposable income.
📌 Action: If you haven’t used your disposable income by month-end — don’t waste it — invest it.
The Bottom Line
This isn’t a theory. This is a system. One of a variety I use. Also check out the "Cheri Method."
Follow it, and you’ll go from broke to financially free.
🚀 Ready to take control? JOIN OUR COURSE. Get expert coaching, step-by-step guides, and a community that keeps you accountable.
✅ Use My Insurance Comparison Tool
✅ Take advantage of my FREE Financial Freedom Faster eBook
Start now. Wealth doesn’t wait.
- Steve
Disclaimer:
The following article is strictly the opinion of the author and is not to be considered financial/investment advice. CTL Community LLC and the author of this article do not claim to be a registered financial advisor (RIA) or financial advisor. Please visit our terms of service and privacy policy before reading this article. "Call to Leap may earn affiliate commissions from the links mentioned. Call to Leap is part of an affiliate network and receives compensation for sending traffic to partner sites such as ImpactRadius, CardRatings, MyBankTracker, and more."
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