FluentInFinance

FluentInFinance, 9 hours ago to random

For the first time in history, Billionaires are now paying less taxes than working-class families:

FluentInFinance, 3 days ago to random

Wait 1-day before deciding on small purchases,

1-week for medium purchases, and

1-month for large purchases.

This will save you a lot of money on impulse purchases.

And if you still want it, then buy it.

If not, skip it.

You'll realize you never really needed it.

FluentInFinance, 3 days ago to random

If something costs $150 and is on sale for $100,

You're not saving $50.

You're still spending $100.

If you buy something you weren't going to buy in the first place, it’s not a good deal.

Anything is 100% off if you don't buy it.

FluentInFinance, 6 days ago to random

The Stock Market crashed:

-90% in 1929
-50% in 1973
-35% in 1987
-55% in 2008
-35% in 2020

And recovered to new all-time highs every time.

Since 1926, the stock market has returned 10.5% per year, on average.

Market drops are an opportunity for long-term investors, not a risk.

Generational wealth is built on red days.

FluentInFinance, 7 days ago to random

The person you will be in 5 years depends on:

• The skills you learn today
• The books you read today
• The habits you adopt today
• The network you build today

Start investing in yourself today.

FluentInFinance, 8 days ago to random

Are you looking for a Remote Job?

10 websites to find Remote Jobs:

• Hired
• UpWork
• Flex Jobs
• Remote OK
• Just Remote
• Simply Hired
• Daily Remote
• Remote Leads
• Angel List Talent
• Working Nomads
• We Work Remotely

Any others I missed?

FluentInFinance, 8 days ago to random

By age 30, you should form a circle of friends who talk about building wealth, investing, entrepreneurship, and self-improvement.

Not gossip.

FluentInFinance, 9 days ago to random

Scarcity mindset:
• Waiting 30 mins in line for gas, to save a few pennies.
• Waking up at 3 am to wait in line for a sale, to save a few dollars.

Wealthy Mindset:
• Not wasting your time to save a few pennies.
• Realizing your time is worth more than saving a few dollars.

Money is infinite. Time is not.

You can make more money if you run out of it.

You won't get more time when you run out of it.

Time is your most valuable asset. Never waste it.

FluentInFinance, 10 days ago to random

Reading 30 minutes a day is 20 books per year.

Saving $20 a day is $7,300 per year.

Making an extra $100 a day is $36,500 per year.

Focusing for 4 hours of deep work a day is 40 days per year.

Success is the compounding of small habits.

And small habits make a big difference.

FluentInFinance, 12 days ago to random

Teaching kids about money should be part of parenting because schools won't do it.

Here are 10 finance terms everyone should know:

FluentInFinance, 12 days ago to random

No job is worth it if it costs your:

• Health
• Happiness
• Time with family

Never let your job steal your life.

You are 100% irreplaceable to your family.

You are 100% replaceable at your job.

FluentInFinance, 12 days ago to random

You could have an $80,000 car loan with $0 invested, and people will think you're rich.

But when you have $100,000 invested and drive a $25,000 car, people think you're broke.

Don't be fooled by everything you see.

FluentInFinance, 15 days ago to random

8 uncomfortable truths about life:

• Life isn't always fair
• Failure is a part of life
• Life will never be perfect
• Not everyone will like you
• You can't please everyone
• Not everyone is your friend
• There is no easy route to success
• Life is full of uncertainty and unpredictability

What else?

FluentInFinance, 15 days ago to random

US States with NO State Income Tax:

• Texas
• Alaska
• Florida
• Nevada
• Wyoming
• Tennessee
• Washington
• South Dakota
• New Hampshire

Would you move to any of these States?

FluentInFinance, 15 days ago to random

Life expectancy is 77.

Retirement age is 67.

Work 50 years to enjoy 10?

We need to shift this mindset.

Retirement is a financial goal, not an age.

FluentInFinance, 15 days ago to random

Good people don't quit jobs. They quit:

• Low pay
• Bad leadership
• Toxic workplaces
• Micro-managers
• Zero work-life balance

Respect yourself enough to know that you deserve better.

Respect yourself enough to walk away from anything that no longer serves you, grows you, or makes you happy.

FluentInFinance, 17 days ago to random

What society tells you is normal:

• $60,000+ cars
• $800,000+ homes
• $40,000+ weddings
• $100,000+ college tuition

All before you turn 30.

Then another 30 years spent working to pay it off.

In reality, it's just a debt trap to keep you working forever.

FluentInFinance, 17 days ago to random

The real scam is normalizing mountains of debt for college, cars, weddings and vacations.

And then depending on a job you hate to pay it back until you die.

The biggest scam society pulled was normalizing the American debt trap.

FluentInFinance, 18 days ago to random

Money is everywhere.

Let go of the idea that money can only be made with your job.

Most millionaires have several streams of income:

• Rental income
• Earned income
• Royalty income
• Interest income
• Business income
• Investment income
• Capital gains income

How many do you have?

FluentInFinance, 18 days ago to random

Things money can’t buy :

• Inner Peace
• Respect
• Integrity
• Health
• Trust

There is no greater wealth in this World than peace of mind.

Take care of yourself.

FluentInFinance, 19 days ago to random

As a teen, big mansions and sports cars impressed me.

In my 20s, job titles and college degrees impressed me.

Now, financial freedom impresses me.

True wealth is time, freedom, options and health.

FluentInFinance, 20 days ago to random

Not investing in your 20s and 30s is one of the worst financial mistakes.

You can’t buy back time.

If you start investing in your 20s and 30s, there's a good chance you’ll be a millionaire in your 40s or 50s.

Start as soon as you can.

FluentInFinance, 21 days ago to random

Middle-Class Debt Trap:

$40,000 Wedding Debt
$60,000 Car Loans
$200,000 Student Loans
$800,000 Home Mortgage

Over $1 million in debt before 30.

The financial system is built on keeping you in debt.

Break free.

FluentInFinance, 23 days ago to random

The 7 Levels of Wealth:

Level 1: Living paycheck to paycheck
Level 2: Budgeting money
Level 3: Paying down debt
Level 4: Saving an emergency fund
Level 5: Investing in assets
Level 6: Building multiple income streams
Level 7: Having financial freedom

Money is a tool. Every dollar you own should be working for you.

FluentInFinance, 26 days ago to random

My credit score dropped when I paid off my car.

My credit score dropped when I paid off my student loans.

Credit reporting agencies told me: "You should get more loans to increase your credit score."

The system punishes you for not owing them money.

They want you to be in debt.

Credit scoring is one of the biggest scams.