Chapter 178

The Wealth Building Toolkit

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Financial Tracking Systems

Monthly Wealth Dashboard: ``` Income Streams: - Salary: $ - Bonus: $ - Consulting: $ - Investments: $ - Other: $ Total Income: $

Expenses: - Fixed: $ - Variable: $ - Savings: $ Total Expenses: $

Net Worth: - Assets: $ - Liabilities: $ - Net Worth: $ - MoM Change: % ```

Investment Automation

The Set-and-Forget System: 1. Direct deposit to checking 2. Auto-transfer to savings (emergency fund) 3. 401k maximum auto-deduction 4. Auto-invest in taxable accounts 5. Quarterly rebalancing reminder

Wealth Building Resources

Essential Tools: - Personal Capital (net worth tracking) - Vanguard/Fidelity (investing) - BiggerPockets (real estate) - AngelList (startup investing) - TurboTax/CPA (tax optimization)