Description
Clear, actionable advice to manage your money and achieve financial stability, regardless of income
The High-5 Banking Method introduces a simple yet effective approach to help you take control of your personal finances and finally achieve financial stability. This book is inspired by financial educator and influencer Sahirenys Ortega Pierce's experience finding out that her son had a heart defect and would need open heart surgery at six months of life, then needing to purposefully save for surgery and organize her finances so she could focus on what mattered most.
Filled with reliable and accessible strategies to manage your money regardless of your income level, this book contains:
- Heart-felt, motivational lessons and anecdotes from Pierce's journey that will spark a new level of creativity into your thinking
- Easy-to-follow steps to improve your financial wellbeing, such as through the High Five Banking Method's “2 Checking and 3 Savings” account system
- Tips on financial wellness, budgeting, lifestyle creep, banking, debt management, emergency fund creation, goal setting, and many other topics
By providing clear, actionable advice in an engaging and accessible way, The High-5 Banking Method empowers all individuals, especially first-generation Americans, minorities, and young adults, to manage their finances with purpose and find balance in their lifestyles.
Table of Contents
Preface ix
Acknowledgments xi
About the Author xii
Part I Introduction to Me and the High 5 Banking Method 1
Chapter 1 “i’m Done” Moment 3
Chapter 2 The Creation of the High 5 Banking Method 13
Part II Spend with Purp se: Understanding Your Expenses 23
Chapter 3 Your Bills 25
Chapter 4 Your Lifestyle 35
Part III Save with Purpose: Understanding Your Goals 45
Chapter 5 Your Emergency Fund 47
Chapter 6 Your Short-term Goals 61
Chapter 7 Your Long-term Goals 77
Part IV Refine Your Numbers 85
Chapter 8 30-day Challenge 87
Chapter 9 Status Check 96
Chapter 10 Cut, Keep, Or Reduce Strategy 111
Part V Money Flow 129
Chapter 11 Get Your Priorities Straight 131
Chapter 12 The Two-week Gap Strategy 138
Chapter 13 Flow Your Savings Goals 143
Part VI Banking with Purpose 153
Chapter 14 Banking 155
Chapter 15 High 5 Banking Rules 173
Chapter 16 Opening, Closing, and Repurposing Your Bank Accounts 190
Chapter 17 It’s Time to Execute the High 5 Banking Method 199
Part VII Maintenance 213
Chapter 18 Weekly Maintenance 215
Chapter 19 Monthly Maintenance 223
Chapter 20 Yearly Maintenance 228
Conclusion 253
Index 257
