This episode introduces the concept of the financial order of operations, providing a systematic approach to managing personal finances, including prioritizing credit card debt repayment, building an emergency fund, participating in employer retirement plans, and investing in health savings accounts (HSAs), IRAs, brokerage accounts, and 529 plans. Mark emphasizes the importance of tax diversification and offers thoughts on choosing between Roth and traditional retirement accounts based on one's tax bracket. This episode is a comprehensive guide for beginners and those seeking to optimize their financial strategies. Send your questions to [email protected] (put "Podcast Question" in the subject line) Episode Links: The Simple Path to Wealth by JL Collins 2024 Important Tax Numbers Timestamps: 00:26 Introducing the Financial Order of Operations 01:43 Starting with Credit Card Debt and Emergency Funds 05:07 Building Your Emergency Fund: How Much is Enough? 07:18 Maximizing Employer Retirement Plans and Matching 14:17 Investing in Your Future: IRAs, HSAs, and More 17:14 Exploring Additional Investment Options: 457 Plans, Brokerage Accounts, and 529 Plans 29:14 Roth vs. Traditional Accounts: Making the Right Choice 33:16 Summarizing the Financial Order of Operations  _______________ As an Amazon Associate this show earns income from qualifying purchases. Affiliate links do not increase your costs, and we will only link to products or services that we are familiar with and that we feel may deliver value to you. The modest income received from affiliate links helps support the cost of running and managing this show.