Mind Wisdom Money🕊
Mind Wisdom Money🕊

@MindWisdomMoney

8 Tweets Dec 24, 2023
You don't get rich with a salary.
If you want to retire as a multi-millionaire in the next decade, do this:
1.
Pay yourself first.
Before bills.
Before disposal spend.
Pay yourself and your investments first.
This is your basic foundations to building wealth.
2. Reduce expenses.
Stop spending $700 a month on a leased car.
Invest $700 instead.
No one cares about what car you drive, so neither should you.
3. Increase income.
As well as reducing expenses, simultaneously increase your income.
The gap between your income and expenses grows so you can invest even more.
4. Avoid lifestyle creep.
Just because you earn more doesn't mean you should spend more.
Don't listen to your neighbours, friends, or the herd and try to look rich.
Look poor, act rich by building assets behind the scenes.
5. Invest in yourself.
Learn every single day.
Not once a week.
Not once a month.
Every single day.
The ROI on Investing in yourself is exponential.
Invest in yourself every day.
6. Have multiple streams of income.
Whether it is a salary, dividends, a side hustles, rental income.
You need multiple.
The average millionaire has 7.
So should you.

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