Learn more about moneyandinvestments with this collection
How to set achievable goals
How to manage time for personal and professional life
How to avoid distractions
Having One Income Stream
When we invest in ourselves and spend less time on entertainment and consumerism ideals, we can actually build a more stable career.
With our free time we can start a side business, learn how to make money work for us instead of us working for money. By having multiple streams of income we'll feel more at ease because money doesn't control our lives.
62
350 reads
MORE IDEAS ON THIS
Quit Spending Hours to Save Pennies
Do you value your own time?
If you do, why do you spend hours on end searching for deals on clothes or shoes?
If we put a dollar value on our time and base our decisions off of that we'd be able to make ourselves more productive and more likely to be time-efficient.
54
346 reads
Don't Borrow Money for Liabilities
If you've ever heard of the saying "live below your means" I'd like you to know that I am a big believer of it and should I ever have the need to borrow money, for example a car, I'm living above my means.
However, it doesn't mean that you won't get to enjoy life. It just means that if you ...
54
233 reads
Stop Using Credit Cards as a Loan
Most people see credit cards as a free loan but it really isn't. Most countries use credit cards in order to build a good credit score however in order to get out of deb, one must:
- Assess their financial health and track their incoming and outgoing cashflow
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210 reads
Quit Mindless Shopping
Mindless shopping is a money destructive habit that makes us want more and crave for more by futher developing our consumer mentality and allowing it to swallow us.
Many of us believe that we have to spend money in order to have a good time and while it's nothing to be asha...
57
486 reads
CURATED FROM
CURATED BY
"In fact, the confidence of the people is worth more than money." ~ Carter G. Woodson
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✅ Enjoy more experiences
Research has shown that time and time again, money doesn’t really buy you happiness (even though most of us think it does).
What you should put your money toward — rather than buying more stuff — are experiences or charity.
Research has shown that w...
Four Steps To Building Wealth
- Don’t Be a Consumerist: keep your expenses as low as possible without sacrificing the quality of life. Spend money on things that yield lasting benefits.
- Have An Emergency Fund: this gives you freedom and peace of mind to deal with issues without having to upset your lo...
The Only Prize - Day 172
- Warren Buffet, whose net worth is $65 billion, lives in the same house he bought in 1958 for $31,500. There're many people like him.
- Their lifestyle is the result of prioritizing. They cultivate interests below their financial means, and as a result, any income would allow them the f...
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