Wed Jan 29 2025, by Tyler Gardner
3 Signs You're Doing Well Financially Heading into 2025
Here are three signs that you're doing pretty well financially as we head into 2025. I'm Tyler, a former financial advisor and portfolio manager, and now I create financial content for free to benefit you without the costs.
1. Contributing to a Retirement Plan
If you're actively contributing to a retirement plan, you're statistically doing better than 50% of Americans. This is a crucial step in securing your financial future.
2. Prioritizing Wealth Over Status
Ever wonder why I wear the same clothes in every video and have a less-than-stellar haircut? It’s because I don’t care about the appearance of status. I focus on what's in my financial accounts. With 40% of people lacking sufficient funds in any financial accounts to sustain their lifestyle if they lost their job, we have a significant issue.
3. Measuring Success Against Yourself
Another sign of doing well is measuring your success against yourself, not others. Spoiler alert: there will always be someone wealthier than you. Stop worrying about how much your neighbor, Sally, makes; the odds are that if you think she earns a lot, it's because she wants you to perceive that way. Often, she’s prioritizing status over real wealth and is probably worth much less than you think.
If any of this information is helpful, please like and follow, and I'll keep working to guide you one step closer to your financial goals.
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