I love the simplicity of what you share @Brian Tracy. 1) Spend less than you earn 2) 10%of every $ is yours to keep 3) Resolve to prefer financial independence over status. 4) Once you put the money away, never touch it. #YvonneAJones
Howard Hughes was a billionaire and he rode around in 2 or 3 year old Chevies. He did it to be inconspicuous. He wanted to blend in when he rode down the street.
About the financial freedom money, you should still invest it in assets that make you money. Saving it to invest is good but don't expect a lot of growth if it just sits in the bank at today's very low interest rate and considerable inflation LOL. You'd make more money investing in assets like real estate.
La liberté financière est due à la détermination constante de ces objectifs professionnels et augmenter ces diplômes supérieurs afin de trouver une situation exceptionnel en terme professionnels merci pronfonde gratitude merci ❤❤❤merci beaucoup pour ce post pronfonde gratitude merci ❤❤❤
try everything he says ,but not the part about stocking money in bank forever , b-cuz what's the use of that money if you gonna have to live without it and have a goal that small i say living exactly with all the monthly income and aiming for more , is what should be done and if there's anything i should get a use out of this precious gentelmen , its the part when we lay a thought on our higher consciousness when we set up a plan , while keeping a second eye on how reality flows beside
Okay you might not use it , but it's the energy you feel for having the money there. I have done it and it makes a big difference. I do not feel that same stress from week to week. It might not be a large amount but it's enough to know that if you loose your job i have the time to find an other and not feel the need to pick anything.
Investment is key. Your saved money is an asset that generates income for you through interest without you having to do anything. Say you had a house of an equal amount; if you rented it out to someone, it would generate income for you. If you had 2 houses, 3 houses...
you spend the interest thst the money generates. if you accumulate 1million dollars by retirement and the investments grow 4% in a year your money will generate 40k to be used without touching what is actually invested.
My life has changed in a space of 1 month after learning how to trade. Now is the opportunity to learn the best secret trading strategy and patterns from a 7 figure coach.
That is correct. Compound interest is powerful, if you have the discipline to continue to invest, never divest, and always stay on double digit YoY% investment.... for a lifetime... who can achieve that ? Virtually nobody... which is why it’s a good example but not practical to follow...
I love the simplicity of what you share @Brian Tracy. 1) Spend less than you earn 2) 10%of every $ is yours to keep 3) Resolve to prefer financial independence over status. 4) Once you put the money away, never touch it. #YvonneAJones
We at "I Am Publications" Thank You very Much Brain Tracy for your Financial Wisdom. Happy New Year 2021 & We Thank You Again, All The Best!!!
Howard Hughes was a billionaire and he rode around in 2 or 3 year old Chevies. He did it to be inconspicuous. He wanted to blend in when he rode down the street.
TheWildbill242 When asked with his money why he did not have a Rolls Royce. He said "I have no one to impress"
I didn't know that. Thank you WB
Thanks Brian, I will save my money and buy used stuff.
Thank you very much
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About the financial freedom money, you should still invest it in assets that make you money. Saving it to invest is good but don't expect a lot of growth if it just sits in the bank at today's very low interest rate and considerable inflation LOL. You'd make more money investing in assets like real estate.
you speak the truth man, Thanks for that video!
La liberté financière est due à la détermination constante de ces objectifs professionnels et augmenter ces diplômes supérieurs afin de trouver une situation exceptionnel en terme professionnels merci pronfonde gratitude merci ❤❤❤merci beaucoup pour ce post pronfonde gratitude merci ❤❤❤
try everything he says ,but not the part about stocking money in bank forever , b-cuz what's the use of that money if you gonna have to live without it and have a goal that small
i say living exactly with all the monthly income and aiming for more , is what should be done
and if there's anything i should get a use out of this precious gentelmen , its the part when we lay a thought on our higher consciousness when we set up a plan , while keeping a second eye on how reality flows beside
Okay you might not use it , but it's the energy you feel for having the money there. I have done it and it makes a big difference. I do not feel that same stress from week to week. It might not be a large amount but it's enough to know that if you loose your job i have the time to find an other and not feel the need to pick anything.
Investment is key. Your saved money is an asset that generates income for you through interest without you having to do anything. Say you had a house of an equal amount; if you rented it out to someone, it would generate income for you. If you had 2 houses, 3 houses...
thank you
I don't get it. So that money that I didn't even touch will still be used in the future?
you spend the interest thst the money generates. if you accumulate 1million dollars by retirement and the investments grow 4% in a year your money will generate 40k to be used without touching what is actually invested.
Well I'm not 20 I'm 40 but I totally agree .
what does he mean never touch it?like leave the money to your kids when you die?
My life has changed in a space of 1 month after learning how to trade. Now is the opportunity to learn the best secret trading strategy and patterns from a 7 figure coach.
Can you start at any age?
Amina Zairi yes
save 100 a month x 12 = 1200 x 30 years = 36000. i can't catch it. where i lost million?
If you invest it in good mutual funds with the power of compound intrest, you will have the million.
That is correct. Compound interest is powerful, if you have the discipline to continue to invest, never divest, and always stay on double digit YoY% investment.... for a lifetime... who can achieve that ? Virtually nobody... which is why it’s a good example but not practical to follow...
I believe 10% should go to God and manage the 90%, which is save some then live off the rest.
:(
SPEND LESS THAN YOU EARN. 🎉