4 levels which money moves
1. Level 1: Earn Money
Make it
- Get a job, freelance, or start a business
- Example: You get a part-time job paying $15/hour
2. Level 2: Manage Money
Don't lose it
- Budget, track expenses, pay bills
- Example: You set up automatic bill payments
3. Level 3: Save Money
Keep it safe
- Build an emergency fund, save for goals
- Example: You stash 10% of your income in a savings account
4. Level 4: Grow Money
Make it grow
- Invest, diversify, let it compound