Build Your Kingdom


Build Your Kingdom - Picture of a dirt road leading to a mighty kingdom

 

Welcome to the guide you need to build your financial kingdom! As with most large undertakings, building your financial kingdom doesn’t happen overnight. Real kingdoms don’t either; the appropriate steps must be taken.

First, you begin with a building a solid foundation. We raise the walls. We set roofs. In other words, we weather proof. Next, windows provide vision, keeping us aware of changes and allowing us to adapt. Our kingdom then fortifies: the army, the moat, the weaponry all raise our defenses. Last but certainly not least, decorations. Decorations to give that extra touch showing our Kingdom as ever greater. You’ve come to the right site, we’ve created the blueprints, and you are your own workforce. It’s your time. Take your first step. Let us commence.

Build Your Kingdom – Laying Your Foundation:

  1. Consistent income
    1. How to build a consistent income
  2. Budget and track your income
    1. What is a Budget?
    2. Choosing a Budget Strategy
    3. Making your Budget
  3. Make a commitment
    1. Committing to Financial Stability – Are You Brave Enough?

Build Your Kingdom – Constructing Your Walls, Roof, and Windows:

  1. Contribute up to company match in 401K
    1. Deciphering the Traditional 401(k)
    2. Why Contribute to Your Company Match?
    3. How to choose funds for your 401(k)
  2. Build your emergency fund
    1. Duke of Dollars Emergency Fund 101!
  3. Get a credit card
  4. Build your milestone map
    1. Milestone Map P1
    2. Milestone Map P2

Build Your Kingdom – Fortifying Your Castle

  1. Are you on an HSA qualifying HDHP plan?
    • Max out your HSA
  2. Are you a high earning professional?
    • Yes – max out traditional IRA
    • No – Max out Roth IRA
  3. Max out 401K contribution

Build Your Kingdom – Decorating

  1. Tax placement for investments
  2. Building your taxable brokerage accounts
  3. Optional – investing in rental properties
Replenish fortification and redecorate annually (VIII-XII).