Learn more about personaldevelopment with this collection
How to overcome fear of rejection
How to embrace vulnerability
Why vulnerability is important for personal growth
The best investing strategy
- Make as much money as you can
- Keep your expenses low
- Invest the difference
- The more you invest, the faster your money will compound and bring you more money
- Sit back and earn money with no effort. You are no longer trading your time for money.
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1.28K reads
MORE IDEAS ON THIS
Passion is money
The challenge is how do you make money and use the money to live a life that you love.
Maybe this translates into moving from full time to part-time job or moving to a different city, and in a less stressful job.
305
1.02K reads
When we believe that time is money
Our work culture promotes the ideas that time is money.
And we end up managing our money poorly so we end up wasting our time. We also trade more of our time to make more money, but if we would use that time to do things that make us happier, we would live happier lives.
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882 reads
Disrupting the time-money relationship
Investing and passive income disrupt the time-money relationship.
To make money without having to trade any of your time frees up your time to ultimately do things that are more important to you.
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1.18K reads
Time is not money
Even if these two share some connections, time isn't money. Time is energy, money is a thing. And they each have power over our lives.
Money is infinite but time is not. You can always get a part-time job or start a side gig, but you’ll never be able to get back this m...
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1.56K reads
CURATED FROM
Time Is NOT Money | We Need To Change Our Thinking | Time > Money
millennialmoney.com
5 ideas
·5.94K reads
CURATED BY
"Many people are in the dark when it comes to money, and I'm going to turn on the lights. " ~ Suze Orman
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Long-Term (10+ years) Investing Strategy
After you maxed out your 401k, Roth IRA, and SEP-IRA, invest the rest in the following:
- 70% in index funds. They are low-tax since minimal trading is done within them.
- 20% in individual equities that you plan to hold for the long haul like A...
Month 6 – Work on your independence. (2)
Yet, you can do many things to become more independent:
- Focus on what could make you grow in your career.
- Learn to budget and track your expenses.
The Golden Rules of Personal Finance
- Spend less money than you earn
- Always plan for the future: you should always look forward beyond the current month
- Make your money make more money: invest, start a business or invest in your education.
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