Use Your Spouse Income to build Family Wealth
Families sit on a goldmine that can be turned to generational wealth.
There are many 2 income families that are unaware of the wealth in their hands.
Every family can live on one income but apply the other income in the family as follows;
1. To clear the family debts – ( Personal Loan, Credit Cards, student loan/ Mortgage)
2. Build your Emergency Fund or Only God Knows income- This is the fund that is set aside for emergency unforeseen expenses.
3. To save for investment- which is used to secured the future and build wealth
4. To save for University/ College fees of the children
5. To save for retirement
6. To fund charity work/ support for any worthy cause in the society.