How This Single Man Went From a Net Worth of NEGATIVE Six Figures to a POSITIVE Six Figures

Published: Dec. 16, 2019, 12:30 p.m.

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On today\\u2019s episode of The His & Her Money Show, we talk with Lawrence Gonzalez about building a comprehensive wealth that builds a new family legacy.

In the pursuit of a good career, Lawrence\\u2019s net worth was a negative six figures. With hard work and plan that started with an embarrassing credit card moment in the store, Lawrence is pulling himself out of debt and has a positive, 6-figure net worth.

On top of that, Lawrence is using the lessons and experiences from his childhood to maximize every cent of his money through a variety of tools including Health Savings Accounts (HSAs), 401Ks, rental income, house hacking, and more.\\xa0

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WHAT YOU WILL LEARN

  • How Lawrence moved from a net worth of NEGATIVE six figures to a POSITIVE six figures
  • The wake-up call moment that pushed Lawrence to take ownership of his money
  • The sneaky little financial habits that were destroying Lawrence\\u2019s money goals
  • The steps Lawrence took to start taking ownership of his money
  • How Lawrence ended up moving from an estimated $20,000+ salary to $64,000 in a year
  • The importance of mindset when you\\u2019re making financial moves for the better
  • The lessons and experience Lawrence used to help him today
  • Why personal finance should be about YOUR personal finances
  • What is a \\u201cNet-Max\\u201d plan?
  • Why we should prioritize our money to fit our definition of happiness
  • Finding ways to increase savings with the money you already have
  • How Lawrence is using rental income to fund his mother\\u2019s retirement\\xa0 and change his family legacy
  • Lawrence\\u2019s secret strategy for real estate investment
  • The triple tax advantages of HSA\\u2019s

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RESOURCES MENTIONED

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Today\\u2019s show is sponsored by Legal and General America.\\xa0Legal & General America\\xa0makes understanding and applying for life insurance easy. Also, agents are standing by to help you determine the best coverage to fit your family\\u2019s needs.

Visit\\xa0\\xa0HisandHerMoney.com/lgapodcast\\xa0to get started on your journey toward financial wellness.

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