In today’s PhREI Network roundup, we’ve got a medley of knowledge and tips. Learn about the best security products for your short term rental, secrets to becoming rich, and why you should max your 401k.
Carpe Diem MD
In yet another incredibly helpful post, Ian Cook reviews security products from the Ring versus the Nest ecosystems.
Between the two systems, he feels that Ring has the edge!
Read the full post on Carpe Diem MD here: Ring vs Nest for your Short-Term Rental Property (Airbnb/VRBO)
The Darwinian Doctor
In this post, Daniel Shin covers the basics of how to save money and invest to generate wealth over time.
Here’s a preview of the 6 Steps to Save, Invest, and Become Rich:
- Map out your income and expenses
- Grow the gap
- Save an emergency fund
- Pay off high interest debt
- Invest regularly
- Wait
Read the original post here: How to Save, Invest, and Become Rich
The Prudent Plastic Surgeon
In this post, Jordan Frey focuses down onto the 401k and outlines the reasons why you should really max out your 401k retirement fund.
Here’s a preview of the reasons:
- Tax deferred growth
- Diversification
- Asset protection
- Behavioral simplicity
- Employer match