Comments on: My Cliffs Notes on How to Make, Save and Invest Money https://eliteedgemoney.com/how-to-make-save-invest-money/ Money | Minimalism | Mohawks Fri, 08 May 2026 14:45:01 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Joel https://eliteedgemoney.com/how-to-make-save-invest-money/#comment-348472 Thu, 28 Oct 2021 13:15:15 +0000 https://staging.eliteedgemoney.com/?p=63981#comment-348472 In reply to Jason Brown.

Yes, I forgot about the health factor! Actually there needs to be a whole other section on how to be healthier because that’s the true wealth in life :). Good work with your kids — they’re gonna do great things :)

]]> By: Jason Brown https://eliteedgemoney.com/how-to-make-save-invest-money/#comment-347880 Wed, 27 Oct 2021 18:48:45 +0000 https://staging.eliteedgemoney.com/?p=63981#comment-347880 Great list Joel! The two that stood out to me the most are “learning to cook” and “learning to negotiate.” Learning to cook has two incredible benefits – 1) saving money (obviously) and 2) you are eating much more healthier! In fact, college students who learn to cook can save tremendously while in school.

Also, I am already starting to think of ways to teach my young boys the art of negotiation.

]]> By: Joel https://eliteedgemoney.com/how-to-make-save-invest-money/#comment-347281 Tue, 26 Oct 2021 17:21:15 +0000 https://staging.eliteedgemoney.com/?p=63981#comment-347281 In reply to Angie.

Agreed! Getting paid to learn :)

]]> By: Angie https://eliteedgemoney.com/how-to-make-save-invest-money/#comment-347273 Tue, 26 Oct 2021 17:05:17 +0000 https://staging.eliteedgemoney.com/?p=63981#comment-347273 Thanks for putting this straightforward and no-nonsense post together for us!

Starting a side hustle/business is definitely one of my favorite ways to earn extra money because I learn so much every time I get into a new project or hustle. I get to learn, expand my skills, and get a shot at making extra income at the same time. What could be better?

]]> By: Joel https://eliteedgemoney.com/how-to-make-save-invest-money/#comment-346925 Mon, 25 Oct 2021 20:45:35 +0000 https://staging.eliteedgemoney.com/?p=63981#comment-346925 In reply to DNN.

one of my favs!

]]> By: DNN https://eliteedgemoney.com/how-to-make-save-invest-money/#comment-346920 Mon, 25 Oct 2021 20:23:28 +0000 https://staging.eliteedgemoney.com/?p=63981#comment-346920 Buying and reselling online for a profit is a good passive income side hustle.

]]> By: Joel https://eliteedgemoney.com/how-to-make-save-invest-money/#comment-346804 Mon, 25 Oct 2021 14:02:06 +0000 https://staging.eliteedgemoney.com/?p=63981#comment-346804 In reply to Sara.

Good catch — ordering these steps in various ways can reduce taxes and grow your pile more efficiently! Happy Monday Sara, thank you!

]]> By: Sara https://eliteedgemoney.com/how-to-make-save-invest-money/#comment-346796 Mon, 25 Oct 2021 13:35:56 +0000 https://staging.eliteedgemoney.com/?p=63981#comment-346796 Good advice, but a small detail to consider in the ordering of investment vehicles: number 2 might be better as invest in 401k up to match, then IRA and HSA (HSA then IRA for the HSA tax advantages depending on what you can invest in the HSA) and then back to 401k. Also, if you have a non-employed spouse consider the spousal IRA.

But these are small details. The best thing is to take action and invest as soon as you can in low cost index funds no matter what tax advantaged account you use.

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