Ramit Sethi recommends a December financial review where you increase your investment rate by 1% each year. He says this small, compounding change can add hundreds of thousands or millions of dollars over a lifetime.
I highly recommend people do, which is at the end of each year in December, you do a full annual Rich Life review and you simply increase that number by 1%. If it's 7% that she's investing this year in December you make it 8%, and the next year 9% and so on. That single decision alone can be worth hundreds of thousands of dollars to you over the course of your lifetime. I actually have an entire video I did in my money coaching program, specifically on how to run your annual Rich Life review. Whether you are solo or in a relationship, what questions to ask, how to run it, what changes to make, and that single meeting alone can be worth hundreds of thousands, even millions of dollars to you over the course of your lifetime.
