Automate Investments

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Pay yourself first. Before spending on entertainment, before groceries, before bills and rent — contribute to your investment accounts.

Automating your investments means you'll never get a chance to spend your savings. What can you automate?

Unfortunately for Roth IRAs, if you're over the income limit you'll need to use the backdoor strategy which can't be fully automated. It may be best to set a calendar reminder to make your annual contribution as early in the year as possible.

Learn more from Get Rich Slowly: Pay Yourself First.

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