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Goal: 100k equity by Mind Map: Goal: 100k equity

1. Increase Savings rate: 40%

1.1. Increase Revenue

1.1.1. Increase salary

1.1.1.1. 59k, net

1.1.2. Additional revenue streams

1.1.2.1. +5k

1.2. Reduce costs

1.2.1. Cut unnecessary spending

1.2.1.1. 2.5k monthly

2. Increase Assets: 360k

2.1. Increase investments

2.1.1. Maximize returns

2.1.1.1. IRR: 15%

2.1.2. Increase investment

2.1.2.1. 10k extra

2.2. Grow company

2.2.1. Increase ROI

2.2.1.1. 15%

2.3. Store cash

2.3.1. Don't over spend

2.3.1.1. 25k accum savings

3. Reduce Liabilities: 250k

3.1. Pay off debt

3.1.1. Eliminate short-term debt

3.1.1.1. 0 ST debt

3.1.2. Reduce time-to-payment in long-term debt

3.1.2.1. 2 years