Extra income = $8,000
Extra income after taxes = $6,000
Invest 1/2 annually = $3,000
30 years at 8% = $375,000
Dan and Sally are on track to earn an additional $8,000 this year and that means they've grown their income by 10% in less than 60 days, but they can't stop now. "Summer's going to be very, very profitable for us and we're going to pay off at least three more [credit cards] in the next year," says Dan.
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