11 Lessons From
"I Will Teach You to Be Rich"π
1. Investing is the single most effective way to get rich.
"I Will Teach You to Be Rich"π
1. Investing is the single most effective way to get rich.
2. You donβt have to be an expert to get rich. You do have to know how to cut through all the information and get started.
3. Ignore the noise of money advice. The glut of information causes paralysis and poor decision-making.
3. Ignore the noise of money advice. The glut of information causes paralysis and poor decision-making.
4. Focus on the Big Wins β the 5 to 10 big things, rather than small cost cuts like lattes, etc.
5. Turn your attention from micro to macro. Stop focusing on picking up pennies.
5. Turn your attention from micro to macro. Stop focusing on picking up pennies.
6. The 85% solution: getting started is more important than being an expert.
7. Investing should be very boring. Thereβs a difference between being sexy and being rich.
8. Play offense not defense. Go out there and negotiate down those fees and costs of large items and gain those returns on your money.
9. Spend extravagantly on the things you love and cut costs mercilessly on the things you donβt.
10. Conscious spending and being cheap are not the same thing.
10. Conscious spending and being cheap are not the same thing.
11. Systems are great. You front-load work now and get the benefit for years and years.
Thanks for reading!π
If you found this thread valuable,
you can help me by:
π RT the first tweet and help others find it
πFollowing @deep_develop
If you found this thread valuable,
you can help me by:
π RT the first tweet and help others find it
πFollowing @deep_develop
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