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11. How you spend $10 is how you’ll spend $1,000
Building wealth comes down to habits.
So take note of how you treat $10.
Do you save/invest it?
Do you spend it on unnecessary things?
Work on your spending & saving habits first. They are the foundation
Building wealth comes down to habits.
So take note of how you treat $10.
Do you save/invest it?
Do you spend it on unnecessary things?
Work on your spending & saving habits first. They are the foundation
10. If you don’t have health, you don’t have wealth
An unhealthy person has only 1 wish.
You only have 1 body.
Take care of it.
Medical bills will eat away at your wealth
An unhealthy person has only 1 wish.
You only have 1 body.
Take care of it.
Medical bills will eat away at your wealth
9. Solve problems, make money
The wealthiest people in the world have all 1 thing in common:
They are problem solvers ☑️
When you solve someone’s pain point, you make money
The wealthiest people in the world have all 1 thing in common:
They are problem solvers ☑️
When you solve someone’s pain point, you make money
8. Wealth isn’t sexy
Don’t fall for the trap that you need to invest in “sexy” strategies or assets.
To build wealth you don’t need to:
- Buy cash-secured puts
- Invest in alternative assets
- Follow complex hedging tactics
Index funds work just as well
Don’t fall for the trap that you need to invest in “sexy” strategies or assets.
To build wealth you don’t need to:
- Buy cash-secured puts
- Invest in alternative assets
- Follow complex hedging tactics
Index funds work just as well
7. Debt is robbing you of your future self
When you put money on credit (like a credit card) today, you are actually taking away your future spending power.
If you can't pay off your credit in full every month, you can't afford your lifestyle.
It’s that simple.
When you put money on credit (like a credit card) today, you are actually taking away your future spending power.
If you can't pay off your credit in full every month, you can't afford your lifestyle.
It’s that simple.
6. Don’t be Penny wise & Pound foolish
Look at the bigger picture.
Saving $3 on coffee won't make you rich.
Look at the bigger costs of life:
- Your mortgage
- Your car payment
- Other major expenses
Only spend on what you need.
Look at the bigger picture.
Saving $3 on coffee won't make you rich.
Look at the bigger costs of life:
- Your mortgage
- Your car payment
- Other major expenses
Only spend on what you need.
5. There is no such thing as a free lunch
Even if you THINK you’re getting a good deal – think again.
There will ALWAYS be an opportunity cost.
Examples include:
- Your time
- Your money
- Your energy
- Your happiness
Weigh the pros and cons before you sign a deal
Even if you THINK you’re getting a good deal – think again.
There will ALWAYS be an opportunity cost.
Examples include:
- Your time
- Your money
- Your energy
- Your happiness
Weigh the pros and cons before you sign a deal