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Broke to One Million
A Seven-Year Journey in Seven Steps
My story will make you wealthy.
//THREAD
A Seven-Year Journey in Seven Steps
My story will make you wealthy.
//THREAD
I grew up in a typical middle-class family.
Money was not an important topic.
I had to learn everything on my own.
You may be in a similar situation.
If you do not have the tools to begin, you must educate yourself. Hopefully my story will inspire you.
Money was not an important topic.
I had to learn everything on my own.
You may be in a similar situation.
If you do not have the tools to begin, you must educate yourself. Hopefully my story will inspire you.
Step 1: Educate Yourself
Here is a list of books that I personally recommend:
Think and Grow Rich
Rich Dad Poor Dad
Your Money or Your Life
Total Money Makeover
The Millionaire Next Door
In debt? Start with TTM.
If not read any of the others.
Here is a list of books that I personally recommend:
Think and Grow Rich
Rich Dad Poor Dad
Your Money or Your Life
Total Money Makeover
The Millionaire Next Door
In debt? Start with TTM.
If not read any of the others.
You do not need to read all five at once.
As your journey picks up read the others.
They all help in different ways.
Podcasts, blogs, and Twitter feeds are also great.
Just begin to surround yourself with knowledge.
Absorb the wealth of information.
As your journey picks up read the others.
They all help in different ways.
Podcasts, blogs, and Twitter feeds are also great.
Just begin to surround yourself with knowledge.
Absorb the wealth of information.
Step Two: Change the Environment
You now have the knowledge.
Now let's make some changes to the outside world.
Shed any friend who holds you back.
Some will sense that you are changing.
If they try to bring you down.
You MUST ditch them.
They are not true friends.
You now have the knowledge.
Now let's make some changes to the outside world.
Shed any friend who holds you back.
Some will sense that you are changing.
If they try to bring you down.
You MUST ditch them.
They are not true friends.
True friends want to see you grow.
Surround yourself with people who are on the same journey. You will feed off each other's momentum.
You are the average of your five friends.
Always remember this.
Surround yourself with people who are on the same journey. You will feed off each other's momentum.
You are the average of your five friends.
Always remember this.
Step Three: Relentless Savings
Savings are what you can control.
This is where you start.
Every time you cut costs it is an automatic win for your pocketbook and for your cash flow.
Most people want to chase cash first.
Wrong. Understand value.
Savings are what you can control.
This is where you start.
Every time you cut costs it is an automatic win for your pocketbook and for your cash flow.
Most people want to chase cash first.
Wrong. Understand value.
You need to cut out the fat.
Question every dollar spent.
Avoid unlimited plans.
Negotiate everything.
The first time I got serious I slashed my spending by $25000. That's not chump change.
How much did you spend last year?
Do you even know?
You. Need. To. Know.
Question every dollar spent.
Avoid unlimited plans.
Negotiate everything.
The first time I got serious I slashed my spending by $25000. That's not chump change.
How much did you spend last year?
Do you even know?
You. Need. To. Know.
Step Four: ACTION
This is where you implement your side hustle.
INCREASE cash flow.
You have options: 2nd job/side hustle.
Initially, I went toward flipping. You buy an item. Then you sell it back for more than you paid.
It is a great feeling when your side hustle blows up.
This is where you implement your side hustle.
INCREASE cash flow.
You have options: 2nd job/side hustle.
Initially, I went toward flipping. You buy an item. Then you sell it back for more than you paid.
It is a great feeling when your side hustle blows up.
If I were to start a side hustle today,
I would start an agency.
Running a business from your laptop is the future.
If you want to learn, Matthew Paik shows you exactly how to do it. Starting a business is an A-Z process.
Learn here
https://gumroad.com/a/765981811
I would start an agency.
Running a business from your laptop is the future.
If you want to learn, Matthew Paik shows you exactly how to do it. Starting a business is an A-Z process.
Learn here
https://gumroad.com/a/765981811
Step Five: Invest
Now you have more coming in than ever.
Your expenses are low/ income is high.
Let’s learn to invest.
If you live in the US, take advantage of tax-sheltered accounts. Lower taxes are guaranteed wins.
Understanding taxes are the quickest way to wealth.
Now you have more coming in than ever.
Your expenses are low/ income is high.
Let’s learn to invest.
If you live in the US, take advantage of tax-sheltered accounts. Lower taxes are guaranteed wins.
Understanding taxes are the quickest way to wealth.
If you want to take a different route you can open an account at an investment brokerage.
I recommend low-cost index funds that track the S&P averages. YES, I know I personally invest in growth stocks but I am giving you the safest blueprint.
You cannot lose.
I recommend low-cost index funds that track the S&P averages. YES, I know I personally invest in growth stocks but I am giving you the safest blueprint.
You cannot lose.
Step Six: Stoic Mindset
Now you have fewer expenses.
More income. Fat investments.
You need to keep things that why.
Stay in control.
Arm yourself with the Stoic mindset.
Now you have fewer expenses.
More income. Fat investments.
You need to keep things that why.
Stay in control.
Arm yourself with the Stoic mindset.
The problem is lifestyle inflation.
The Stoic mindset is the antidote.
Do not let consumer goods and greed run your mind.
You run your mind.
Learn control through stoicism.
The Stoic mindset is the antidote.
Do not let consumer goods and greed run your mind.
You run your mind.
Learn control through stoicism.
Step Seven: Life Begins
Have you implemented the six previous steps?
Good
You will be a Millionaire.
Give yourself 5 to 7 years.
This blueprint is foolproof.
Once you reach your goal, your life will change.
Your mind will change.
Have you implemented the six previous steps?
Good
You will be a Millionaire.
Give yourself 5 to 7 years.
This blueprint is foolproof.
Once you reach your goal, your life will change.
Your mind will change.
When you have a million in the bank you are free to do as you please. Call it FU money. I don’t care.
You do not have to put up with anything.
You are the millionaire. Not them.
You have the power.
You do not have to put up with anything.
You are the millionaire. Not them.
You have the power.
You can read the full version of this thread
https://www.aestheticsareethics.com/blog/broke-to-one-million-a-seven-year-journey-in-seven-steps
If you want to learn how to make money and create content on social media then get Create 24/7
BIG update from @getpaidwrite this week! https://gumroad.com/l/twitterunlocked
https://www.aestheticsareethics.com/blog/broke-to-one-million-a-seven-year-journey-in-seven-steps
If you want to learn how to make money and create content on social media then get Create 24/7
BIG update from @getpaidwrite this week! https://gumroad.com/l/twitterunlocked
