Most people believe that the antidote to financial stress is more money. But itโs not. A stress-free financial life is a function of how you structure your financial affairs, your attitudes toward money & how you use it. Society hasโฆ
If your answer is โ๐๐๐กโ๐๐๐, ๐๐๐๐๐๐ฆ.โOkay, so why try so hard to earn lots more money? If your answer is โ๐ผ ๐ ๐๐๐๐ ๐๐ก.โOkay, so once you make money, hanging on to money is just as hard as making it. Youโฆ
This one was a big problem for me in the past โฆ That tiny graph shows that no matter where our current salary is ๐ฒ๐๐ฒ๐ฟ๐๐ฏ๐ผ๐ฑ๐ ๐๐ฎ๐ป๐๐ ๐ฎ ๐๐ถ๐ป๐ ๐ฏ๐ถ๐ ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐๐ต๐ฒ๐ ๐ต๐ฎ๐๐ฒ ๐๐ผ ๐ณ๐ฒ๐ฒ๐น ๐ต๐ฎ๐ฝ๐ฝ๐/๐น๐ฒ๐๐ ๐๐๐ฟ๐ฒ๐๐๐ฒ๐ฑ. We donโt realizeโฆ
๐ช๐ต๐ผ ๐ถ๐ ๐๐ถ๐๐ต ๐บ๐ฒ?ย ๐โโ๏ธ I choose to believe that the future will be better than the past. We live in a world where far more people wake up in the morning, trying to make the world a better place thanโฆ
You are rich! Richer than you might think. You don’t think so? Then think about these questions.
Many people: โOnce I hit a certain level of net worth all of my problems will magically vanish.โ Reality: โNope!โ What if I told you that achieving that long-term net worth goal you’ve always dreamed of achieving probably wonโt bringโฆ
โ๐๐ค๐ง ๐๐ซ๐๐ง๐ฎ ๐จ๐ช๐๐จ๐ฉ๐๐ฃ๐๐, ๐จ๐ข๐๐ก๐ก ๐๐ค๐จ๐๐จ ๐จ๐ฉ๐๐ข๐ช๐ก๐๐ฉ๐, ๐ข๐ค๐๐๐ง๐๐ฉ๐ ๐๐ค๐จ๐๐จ ๐๐ฃ๐๐๐๐๐ฉ, ๐ก๐๐ง๐๐ ๐๐ค๐จ๐๐จ ๐ ๐๐ก๐ก.โ – ๐ผ๐ง๐ฃ๐๐ฉโ๐๐๐๐ช๐ก๐ฏ ๐ง๐ช๐ก๐ (๐ฅ๐๐๐ง๐ข๐๐๐ค๐ก๐ค๐๐ฎ) Itโs a loose rule, not a law, but it applies to so many things: Debt, ambition, networking, exercise, caution, & money. ๐ ๐น๐ผ๐ ๐ผ๐ณโฆ
โ๐ป๐๐ ๐๐ช๐๐ช๐๐ ๐๐๐ข๐๐จ ๐ค๐๐ ๐ข๐๐ฃ๐๐ฉ๐ ๐๐ฉ ๐ ๐ฉ๐๐ข๐.โ It becomes clearer to me every year that seeing my portfolio hit a certain number doesnโt bring me nearly as much joy as spending money on experiences. Investing itself is a formโฆ
Cash flow is a fancy term for money that goes in & out of your bank account. A lack of cash flow means you need to find a way to get more money to flow into your bank account. ๐ฃ๐๐๐ฐ๐ต๐ผ๐น๐ผ๐ด๐โฆ
I know, that’s not a really popular topic for investors & traders. But living within your means is not a ‘nice goal’ to have – it is a must. Here is why: 1๏ธโฃ Those that don’t are in serious troubleโฆ