Managing Money is easy.Managing Wealth isn’t. We quantify what’s easily countable, not what matters most. Wealth isn’t as easily defined. But it’s quite impossible to manage something we haven’t defined for ourselves. 𝐈 𝐚𝐦 𝐜𝐮𝐫𝐢𝐨𝐮𝐬, 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐰𝐞𝐚𝐥𝐭𝐡 𝐭𝐨 𝐲𝐨𝐮?…
𝑫𝒐 𝒚𝒐𝒖 𝒌𝒏𝒐𝒘 𝒕𝒉𝒆 𝒆𝒙𝒂𝒄𝒕 𝒂𝒎𝒐𝒖𝒏𝒕? To accumulate more money is presumably the main reason we spend most of our days working. But do we keep track of how much we have? Do we know how much is enough? I…
“𝙁𝙤𝙧 𝙚𝙫𝙚𝙧𝙮 𝙨𝙪𝙗𝙨𝙩𝙖𝙣𝙘𝙚, 𝙨𝙢𝙖𝙡𝙡 𝙙𝙤𝙨𝙚𝙨 𝙨𝙩𝙞𝙢𝙪𝙡𝙖𝙩𝙚, 𝙢𝙤𝙙𝙚𝙧𝙖𝙩𝙚 𝙙𝙤𝙨𝙚𝙨 𝙞𝙣𝙝𝙞𝙗𝙞𝙩, 𝙡𝙖𝙧𝙜𝙚 𝙙𝙤𝙨𝙚𝙨 𝙠𝙞𝙡𝙡.” – 𝘼𝙧𝙣𝙙𝙩–𝙎𝙘𝙝𝙪𝙡𝙯 𝙧𝙪𝙡𝙚 (𝙥𝙝𝙖𝙧𝙢𝙖𝙘𝙤𝙡𝙤𝙜𝙮) It’s a loose rule, not a law, but it applies to so many things: Debt, ambition, networking, exercise, caution, & money. 𝗔 𝗹𝗼𝘁 𝗼𝗳…
How you think about money matters just as much as how much money you have. Here is a thought: Give every dollar a job. Giving each dollar a job allows your money to work for you, not against you. Lazy…
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. 𝗣𝘀𝘆𝗰𝗵𝗼𝗹𝗼𝗴𝘆…
𝗣𝗿𝗲𝗺𝗶𝘀𝗲 𝟭: 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗹𝗼𝗻𝗴 𝘁𝗲𝗿𝗺.𝗣𝗿𝗲𝗺𝗶𝘀𝗲 𝟮: 𝗦𝘂𝗿𝘃𝗶𝘃𝗮𝗹 𝗶𝘀 𝗮𝗻 𝘂𝗻𝗱𝗲𝗿𝗿𝗮𝘁𝗲𝗱 𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗳𝗼𝗿 𝘀𝘂𝗰𝗰𝗲𝘀𝘀. The good news about the recent market turmoils is that Index Funds don’t have an ego. ✔ They won’t commit fraud against you or…
𝗧𝗵𝗲 𝗺𝗼𝘀𝘁 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗿𝗲𝘁𝘂𝗿𝗻𝘀 𝗶𝗻 𝗹𝗶𝗳𝗲 𝗰𝗼𝗺𝗲 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗼𝘂𝗻𝗱𝗲𝗱 𝗲𝗳𝗳𝗲𝗰𝘁𝘀 𝗼𝗳 𝗼𝘂𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗼𝘃𝗲𝗿 𝘁𝗶𝗺𝗲, 𝘄𝗵𝗲𝘁𝗵𝗲𝗿 𝗶𝗻 𝗼𝘂𝗿 𝗰𝗮𝗿𝗲𝗲𝗿𝘀, 𝗵𝗼𝗯𝗯𝗶𝗲𝘀, 𝗿𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽𝘀, 𝗼𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗲𝘀. Isn’t one of our motivators to work the money we get for it❓Then let’s also have…
𝗖𝗼𝘂𝗹𝗱 𝗶𝘁 𝗯𝗲 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲 𝗹𝗼𝗻𝗴𝗲𝗿 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗵𝗼𝗹𝗱 𝗼𝗻𝘁𝗼 𝘆𝗼𝘂𝗿 𝗺𝗼𝗻𝗲𝘆, 𝘁𝗵𝗲 𝗯𝗲𝘁𝘁𝗲𝗿 𝘆𝗼𝘂𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗼𝘂𝘁𝗰𝗼𝗺𝗲𝘀 𝘄𝗶𝗹𝗹 𝗯𝗲? ❌ The truth is, when you use money, you lose it — forever.✔ When you keep money, you keep it —…
𝗪𝗵𝗶𝗰𝗵 𝗼𝗻𝗲 𝗶𝘀 𝗶𝘁 𝗳𝗼𝗿 𝘆𝗼𝘂?Not decided yet? Think about the real reason many people spend their time striving to earn more money. … 🤔 … 🤔 Could it be that they want to trade it for more time, not…