7 Money Lessons I wish I knew when I was 18:
1. Put your money to work
You cannot get rich with money in your savings account.
You must invest in assets:
-Stocks
-Real Estate
-Crypto
You cannot get rich with money in your savings account.
You must invest in assets:
-Stocks
-Real Estate
-Crypto
2. Amount of money retained matters
It is not the amount of money you make, but it is the amount of money you keep that matters.
It is not the amount of money you make, but it is the amount of money you keep that matters.
3. Acquire Assets
Rich people acquire assets while the poor accumulate liabilities.
Your financial choices will determine your future.
Rich people acquire assets while the poor accumulate liabilities.
Your financial choices will determine your future.
4. You are not born to work for others for a lifetime
You were not here just to work, pay bills and then die.
You were born for much more than that
You were not here just to work, pay bills and then die.
You were born for much more than that
5. Gain Financial Knowledge
Learn about investing, side hustles, stocks, taxes, and marketing.
It will help you make all around better financial decisions.
Learn about investing, side hustles, stocks, taxes, and marketing.
It will help you make all around better financial decisions.
6. Winning means not being afraid to lose
Never be afraid to take calculated risks.
Those who always play it safe never make big fortunes.
Never be afraid to take calculated risks.
Those who always play it safe never make big fortunes.
7. Dream big and be ready to work hard
You must be willing to sacrifice a few years of fun for a lifetime of freedom.
The time is now!
You must be willing to sacrifice a few years of fun for a lifetime of freedom.
The time is now!
8. If you enjoyed this thread you should:
-RT the first tweet
-Follow me on twitter
@investmattallen
-Subscribe to my newsletter
Thank you for reading!
-RT the first tweet
-Follow me on twitter
@investmattallen
-Subscribe to my newsletter
Thank you for reading!
Every Wednesday, I discuss complex ideas about money, investing, and tech in a simple way.
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Typically a 5-minute read and free, itβs a no brainer :)
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