Obey the Rules of Money - Deepstash
Obey the Rules of Money

Obey the Rules of Money

  • Spend less than you earn. Pay yourself.
  • SHOULD BE INVESTED- Money you need in the next five to seven years.
  • SHOULD BE IN CASH- Money for emergencies, unexpected expenses, or short-term goals.
  • Anyone can become a disciplined investor by taking four simple steps.
  1. Automate- Set automatic transfer to your designated banks.
  2. Delegate- Work with financial professionals.
  3. Educate- Participate in financial decisions by making yourself educated on how money works.
  4. Communicate- Talk about money. How to save? What are the difficulties encountered? How to counter those challenges? How to grow money.

4

15 reads

CURATED FROM

IDEAS CURATED BY

thewritelerco

Rush Research Expert

Barbara Stanny's "Secrets of Six-Figure Women" explores the mindset and strategies of women who have achieved financial success, earning six-figure incomes or more.

Similar ideas to Obey the Rules of Money

The SWIFT Money Transfer System

The SWIFT Money Transfer System

Today, it is easy to walk into a bank and transfer money anywhere around the globe, but how does this happen? Behind most international money and security transfers is the Society for Worldwide Interbank Financial Telecommunications (SW...

Forming the habits of an investor

Investors put their money to work. They know that the money they set aside today sets them up for financial freedom.

  • An investor puts any excess money towards investments that will earn more capital.
  • They value learning new skills and think of ways to use it...

Budgeting myths

  • Myth - I don't need to budget: A budget focus on identifying all the expenses that are likely to occur during the month, quarter, and year. A budget can identify costs that could be reduced or cut.
  • Myth - I'm not good at math: Budgeting software on...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates