✉️ Networth Habits – Issue #2

🟦✴️ NETWORTH HABITS by John Lepore, CPA
Financial Wisdom for Building Generational Wealth

🔵 [1] 📊 Market Snapshot – May 2025 & 1-Year Returns

🔍 Key Insight:
Tech dominates. Bitcoin keeps surging. Gold stays steady. Oil lags.

🟠 [2] 🍼 Trump Proposes $1,000 “Baby Bonus” Accounts

Donald Trump proposes $1,000 federal-funded accounts for every baby born between 2025–2028 — backed by Robinhood, Dell, Goldman Sachs, and more.

Quick Facts:

• 💰 Seed: $1,000 for eligible newborns

• 👶 Parent must have a valid SSN

• 📈 Invested in: low-cost U.S. stock index fund

• ➕ Families can add up to $5,000/year

• 🔓 Partial access at 18, full at 30

• ⏳ Expires at 31 if unused

🧠 A bold play to build generational wealth from Day 1.

🔴 [3] 🚨 Critical NYS Retirement Law – Are You Prepared?

If you have 10+ employees in NY, you’ll soon be required to enroll workers in the Secure Choice Roth IRA.

Quick Facts:

• 🏢 Applies to: NY employers, 10+ workers, 2+ years

• 💸 No employer match — just payroll deductions

• 📋 3% default contribution into Roth IRA

• 📆 9-month compliance window once program launches

• ⚠️ Law passed, program not live yet

📌 Smart employers are prepping early.

🟣 [4] 📉 How Does Your Net Worth Stack Up?

✅ Track monthly.
✅ Set decade targets.
✅ Build assets, not just income.

🟤 [5] 🚀 Small Habits, Massive Outcomes

It’s not the big swings — it’s the small steps that build real wealth.

• ✅ Save $8/day → $3,000/year

• ✅ Read 20 pages/day → 30 books/year

• ✅ Walk 10,000 steps/day → 70 marathons/year

🌱 Tiny habits compound.
📈 Progress multiplies.
💡 Your future self will thank you.

🟡 [6] 🎧 Must-Watch: The Big Shift Is Coming

ARK’s Cathie Wood joins The Diary of a CEO to talk about the next 5–10 years of exponential investment growth.

Topics include:

• Why innovation drives deflation

• How to position for AI, crypto, and robotics

• The companies she thinks will 10x+ in value

⚡ [7] Final Word: Wealth Is a Strategy — Not a Secret

• Track your net worth

• Automate your saving

• Buy assets, not lifestyle

• Build daily habits

• Invest long-term

📬 Enjoyed this issue?

If you found this valuable, forward it to a friend who’s building wealth or growing their financial mind.
It might just spark someone else’s journey.

📬 Thanks for reading this edition of Networth Habits.
🎯 Your next best financial habit starts now.
📧 John Lepore, CPA