If you want to be wealthy, shift your perspective in these 7 ways below:
1. Treat your money like it's your job
You show up to work each day.
You perform well at your job.
What if managing your money was your job?
You are the CFO of your house.
You show up to work each day.
You perform well at your job.
What if managing your money was your job?
You are the CFO of your house.
2. Stop believing more stuff makes you happy
Shopping isn't therapy.
Dopamine highs don't last.
Buying things doesn't create long-term joy.
Appreciate the simple things in life.
The things that cost nothing matter most.
Shopping isn't therapy.
Dopamine highs don't last.
Buying things doesn't create long-term joy.
Appreciate the simple things in life.
The things that cost nothing matter most.
3. Stop taking advice from broke people
I know you love your family & friends.
You've known them your whole life.
This doesn't make them money experts though.
If they are broke, don't take financial advice from them.
I know you love your family & friends.
You've known them your whole life.
This doesn't make them money experts though.
If they are broke, don't take financial advice from them.
4. Recognize the stock market isn't gambling
Too many people are afraid.
They don't want volatility.
They hold onto cash.
Cash that earns no return depreciates.
Inflation deflates the value of cash.
Choose an index fund & hold it long-term.
Too many people are afraid.
They don't want volatility.
They hold onto cash.
Cash that earns no return depreciates.
Inflation deflates the value of cash.
Choose an index fund & hold it long-term.
5. Stop making excuses
It's easy to say you weren't born with a silver spoon
But where does this excuse get you?
No where
Most millionaires didn't inherit anything.
Most contributed for years to retirement.
Many millionaires are self-made.
You can do this too.
It's easy to say you weren't born with a silver spoon
But where does this excuse get you?
No where
Most millionaires didn't inherit anything.
Most contributed for years to retirement.
Many millionaires are self-made.
You can do this too.
6. Realize debt is not normal
With the vast amount of credit available to us, we think everyone has debt.
We believe debt is okay.
We think we'll always have a car payment.
This isn't true.
Being debt-free releases you.
You are free to invest & give more.
With the vast amount of credit available to us, we think everyone has debt.
We believe debt is okay.
We think we'll always have a car payment.
This isn't true.
Being debt-free releases you.
You are free to invest & give more.
7. Grasp the power of tracking your money
You may not think writing down your debt balances or your spending transactions would change you.
But, I beg to differ.
When I started tracking my debt:
- I made better decisions
- I picked up patterns
- I gained hope
You may not think writing down your debt balances or your spending transactions would change you.
But, I beg to differ.
When I started tracking my debt:
- I made better decisions
- I picked up patterns
- I gained hope
If you enjoyed this thread:
1. Follow me @iamcoriarnold for more of these
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1. Follow me @iamcoriarnold for more of these
2. Share or RT the first tweet to share this thread with your audience
Imagine:
- taking control of your money
- paying off your debt
- building your nest egg
You'll receive:
- 5 Excel personal finance templates
- step-by-step action plan
- debt payoff strategies
For a limited time, get this course for $19.99
udemy.com
- taking control of your money
- paying off your debt
- building your nest egg
You'll receive:
- 5 Excel personal finance templates
- step-by-step action plan
- debt payoff strategies
For a limited time, get this course for $19.99
udemy.com
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