Viral
Woman Saved Enough Money To Retire At 26, Reveals The 3 Rules She Stuck To
She has helped 1.5milion women build wealth.
Money blogger Tori Dunlap has shared the three rules she’s stuck by to boost her financial income. The US-based has claimed the day she’ll stop working is almost here and has plans to retire at just 26. Dunlap shared her rules in a TikTok [now-viral], and it includes negotiating your salary and starting a side-hustle on top of a full-time job.
Tori Dunlap is the founder of the financial advice website named Her First 100k.
She provides resources and advice to women on becoming financially independent.
Dunlap also invests, but she urged this shouldn’t be done without doing proper research first, as your money can go up and down. But then, she claimed people should always be prepared to see their money go down if they invest as it isn’t a guaranteed way to make earnings. “I’m financially independent, which means I never have to work a day in my life if I don’t want to,” She said in her video.
In her newest TikTok, Dunlap revealed she could retire at 26 and shared how she has made this possible.
“I’m financially independent, which means I never have to work a day in my life if I don’t want to,” she said.
Dunlap added: “Here are the three ways that I made that happen and how you can do it too; I started investing as soon I could. Now in my work as a money expert, I always tell people that the best day to start investing is today because you didn’t wait to start tomorrow. You have time on your side, so get started investing if you haven’t or increase your contributions if you have already started.”
@herfirst100k take my free money quiz in my bio for personalized resources! #financetiktok #moneytiktok #budgeting #debtfree #feminist #careergoals #retireearly ♬ Cooking – Oleg Kirilkov
Working as a money expert, Dunlap urged people the best day to start investing is today and not tomorrow.
She said when working corporate, it’s best to negotiate your salary every single time.
“The next thing I did, when I was working corporate, I negotiated my salary, every single time. I didn’t stay in a job that didn’t compensate me fairly. And third, last but not least, this lovely seven-figure business that I own used to be a side hustle. I side hustle in addition to my 9-5, which means that I was able to put away all of the extra earnings that I made.” Dunlap stated she wouldn’t retire yet but that it was a great feeling to know she could if she did want to.
Last but not least, Dunlap advised of a side hustle and investing the profits.
Dunlap added she wouldn’t retire yet but that it was a great feeling to know she could if she did want to.
Nonetheless, the Pensions & Lifetime Savings Association (PLSA) has estimated you would need a yearly budget of £10,900 to retire with minimum standards as a single person and £16,700 as a couple. The state pension would make up part of the income, and you can currently claim this from the age of 66, although this is gradually rising.
Helping women take control of their finances is very IMPORTANT to Dunlap.
She had started her first business at 9, purchasing vending machines and using the funds to pay for college.
