Money Stress: Let's Talk About Money

[THREAD]
Not all of us taught the basics of money in the past.

But it doesn't matter who we were. It more matters who we are and how we relearn and unlearn things we know now.

Work on your relationship with money.

Each. Single. Day.

The goal for 2021:

Get RICH.
1) Money Anxiety

Financial stress comes from being in debt. Not earning money.

Lower your expenses to reduce your worry.

Tip 1: Create a Budget
2) Money Psychology

Humans are emotional species. We all get wrong with the money concept.

Learn to be less dependable. Gain more time.

Time > Money

Tip 2: Worth Your Money
3) Money Currency

We are all Child of Our Time.

The baby boomers are very privileged with gold.

The millennials support the decentralized currency and see Bitcoin as "Millennial Gold".

https://twitter.com/naval/status/1348471192961703937

Tip 3: Treat Your Time Like Currency
4) Money Character

Money is just paper. The strength is determined by humans.

Power > Money

Your character means a lot when dealing with money.

Small defects might get magnified as you start to earn more.

Tip 4: Work on Yourself
Money is all about human psychology.

Read a lot. Write a lot. About your Self. Your MIND.

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5) Money Expense

People like to show off their money.

Some even have a "money balance" syndrome.

Financial issues arise due to a "spending" issue. Not the amount of money you have.

Tip 5: Secure Your Purchasing Power
6) Money Income

The 9-5 job sustains security and a predictable paycheck.

But you know what happened back in 2020 pandemics.

Financial stress isn't anything global financial crisis.

Normalize multiple income streams

Tip 6: Don't put all your eggs in one basket
7) Money Budget

Worrying doesn't solve your finance. No matter how much you make.

Normalize practicing: The 10% Rule

Simple rule where your gross earnings are divided by 10.

Take control of your finance and enjoy your life.

Tip 7: Create a Savings Plan
8) Money Free Time

Improving your finances not only relieves your money pains.

Also buys you more "thinking" time.

Most burn lives just chasing money they never catch.

You can't find your purpose | happiness when you're held by financial stress.

Tip 8: Lengthen Your Life
Thanks for reading

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