Tuttle Wealth

🌿 Weekend challenge: try a no-spend day.
For 24 hours, spend nothing beyond what’s already scheduled. Cook from the pantry. Take a walk. Find the movie you already own.
💡 It’s not about deprivation. It’s about noticing how often you spend on autopilot, and finding what you already have.
🔗 Learn more: https://tuttlewealth.com/financial-selfcare-earning-saving-and-investing/

💳 Do you know the interest rate on each debt?
A lower rate means more of each payment goes to the balance instead of interest. Depending on your credit, it may be worth looking into refinancing a loan or calling your credit card company to ask for a lower rate.
✅ Today’s step: list each debt with its balance and interest rate, highest rate first.
🔗 Learn more: https://tuttlewealth.com/reducing-the-cost-of-debt/

🧮 Do you know your debt-to-income ratio?
Your debt-to-income ratio (DTI) compares your monthly debt payments to your monthly income. Lenders review it when you apply for a mortgage or loan.
📊 Here’s the math:
DTI = (Total monthly debt payments ÷ Gross monthly income) × 100
Example: $1,800 in monthly debt payments ÷ $6,000 in gross monthly income = 30%
Many lenders prefer a DTI around 36% or lower, though requirements vary by lender and loan type.
✅ Today’s step: calculate yours. It’s one number that shows how much room you have in your budget.
🔗 Learn more: https://tuttlewealth.com/borrowing-options-how-a-loan-officer-makes-a-decision/

📊 Motivation comes and goes. Information stays.
✅ Today’s step: write down every dollar you spend for the next seven days. Coffee, groceries, app purchases, everything. No judgment, just notes.
💭 At the end of the week, ask yourself what surprised you.
🔗 Learn more: https://tuttlewealth.com/the-spending-plan/