The Only Certainty is Uncertainty!

New Year! New Laws! New Rules of Wealth! I'm sharing what you must do to navigate your way successfully through economic change.


Last week I shared New Rule of Wealth #1: Invest 15% of Your Income


This week…….. 


New Rule of Wealth #2: Create An Income Volatility Account


Income volatility is the new normal. A career with lifetime employment has been replaced with the gig economy. 


According to, the higher your salary, the longer it will take you to find a comparable job. For every 10,000 in earnings, save one month of expenses. For example, if you earn 50,000, you should have five months of your expenses in a savings or money market account.


Here are a few tips on how you can create your cash reserve account:

  1. Establish a savings or money market account that is not connected to your checking account. What you don’t see, you won’t miss.
  2. Set up an automatic monthly withdrawal from your paycheck to this emergency savings account. It won’t get lost on the way to your account.
  3. Establish a high yield money market mutual fund account with an investment company. Make sure you are earning some type of return on your liquid reserves.

It's not a matter of if, but when! When you experience a setback like a job change or loss, you will have created a safety net to weather any storm.

Got questions about the New Rules of Wealth? Join me on my Facebook page for a Q & A on Facebook Live this evening at 7:00pm click here to follow me and get a notification. 


Stay tuned for next week's newsletter where I will share

New Rule of Wealth #3.


To receive the Free New Rules of Wealth Ebook visit


Have a prosperous week,


Deborah Owens

CEO WealthyU