10 Jul 22 8:02 pm type: tags:

investing

  • decide how much % of money you’re gonna put away for investing after every paycheck you receive no matter what it is
    • it might be very low, but that’s okay
  • find A way to keep the money away from you so that u never touch it
  • get a credit card as soon as you can and use it minimally
    • get used to using a credit card and paying it off
  • setup infra in order to invest
    • there are so many things that make it easy to invest
    • setup crypto accounts ( coinbase or kraken or binance) where you can wire money from your bank to that account
    • setup weeble or robinhood account
    • setup opensea
    • setup krono24 acc
    • see house prices in your city
    • start seeing patterns in different areas
  • investments are great but investments are not there to make u rich, but give u stability
    • start a business or a freelance or a job to get your income up
    • but it’s very hard to level up your income if you’re working a job
    • starting an agency was the best
    • using contracter arbitrage find contracter wrap it under your agency find clients get more from client and pay contracter lesser
  • live below your means ( 10% - 15% )
  • increase the % of income you invest

final step

  • only live off what your investment portfolio yields you

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