1. Compound Interest.
Albert Einstein once said:
"Compound Interest is the 8th wonder of the world."
It works best when you:
- Invest consistently
- Invest as much as possible
- Maintain a long term mindset
Don't work for your money.
Let your money work for you.
Albert Einstein once said:
"Compound Interest is the 8th wonder of the world."
It works best when you:
- Invest consistently
- Invest as much as possible
- Maintain a long term mindset
Don't work for your money.
Let your money work for you.
2. Read More.
Why reading is good for you:
- Learn from the greatest
- Learn from successes
- Learn from mistakes
- Think like the best
Reading can be a powerful tool.
Why reading is good for you:
- Learn from the greatest
- Learn from successes
- Learn from mistakes
- Think like the best
Reading can be a powerful tool.
3. Create multiple income streams.
Income streams example:
- Rental Income
- Earned Income
- Interest Income
- Dividend Income
Income streams example:
- Rental Income
- Earned Income
- Interest Income
- Dividend Income
4. Save for rainy day.
An emergency fund can help you:
- Reduce stress
- Protect your wealth
- Avoid debt
Save 3 to 6 months worth of living expenses for rainy days.
An emergency fund can help you:
- Reduce stress
- Protect your wealth
- Avoid debt
Save 3 to 6 months worth of living expenses for rainy days.
5. Control your emotions.
Neuroscience confirms we buy on emotions.
Emotions cause you to:
- Forget your budget
- Spend more money
- Sell at stock market lows
- Buy at stock markey highs
Control your emotions before they control your finances.
Neuroscience confirms we buy on emotions.
Emotions cause you to:
- Forget your budget
- Spend more money
- Sell at stock market lows
- Buy at stock markey highs
Control your emotions before they control your finances.
6. Start a side hustle.
You can earn money with anything:
- Flipping
- Blogging
- Freelancing
- Ghostwriting
If you want it, you can do it.
You can earn money with anything:
- Flipping
- Blogging
- Freelancing
- Ghostwriting
If you want it, you can do it.
7. Value your Network.
Why your network is so important:
- Support
- Guidance
- More opportunity
- Lasting relationships
- Improved solical intellect
- Increase self-confidence
Your network is your net worth.
Why your network is so important:
- Support
- Guidance
- More opportunity
- Lasting relationships
- Improved solical intellect
- Increase self-confidence
Your network is your net worth.
8. Not Buying Depreciating Assets.
Most new cars lose up to 60% of their value
5 years after your first purchase.
Some millionaires buy used cars or paid in cash because:
- They are cheaper
- They've already depreciated.
Don't invest in negative returns.
Most new cars lose up to 60% of their value
5 years after your first purchase.
Some millionaires buy used cars or paid in cash because:
- They are cheaper
- They've already depreciated.
Don't invest in negative returns.
9. Working Smarter and Harder.
Hard work is the great equalizer.
It takes:
- Early mornings
- Consistency
- Long days
- Efficiency
- Discipline
Hard work is the great equalizer.
It takes:
- Early mornings
- Consistency
- Long days
- Efficiency
- Discipline
Start your journey toward financial freedom today. It’s just a matter of how you think about wealth and directing those thoughts on your end goal. Be optimistic and believe that you are worthy of it and money will come to you. Click here to grab a copy of comprehensive guide to personal finance