Secret Money Lessons Of The Rich I Wish I Knew!

Secret Money Lessons Of The Rich I Wish I Knew! #shorts

Here are some of the top money Lessons I wish I knew earlier, but nobody told me.

STOP CHASING THE NEXT BIG THING
1. Stop looking for the next big thing to make you rich.

DO THE BASICS WELL
2. Doing the basics well & being disciplined in your approach actually builds wealth; not jumping on every new fad and hoping it will make you money.

OPPORTUNITIES COME ALONG ALL THE TIME
3. Financial opportunities come along all the time. The next Bitcoin or Tesla will appear when you are prepared to take advantage of them.

DEAL OF THE CENTURY
4. One of the best money lessons of the rich is this one: The “Deal of the Century”, comes around each month, so don’t feel obligated to get involved in something you don’t really want or understand.

INVEST MORE THAN 10%
5. Common wisdom says to invest 10% of your income every month. This is actually a very small amount. If you want to grow your wealth faster, aim to invest 15 to 20 percent each month.

REDUCE YOUR CONSUMER SPENDING
6. Stop buying luxury items you don’t need to impress people you don’t even like. This will free up a lot of cash for investment.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility.
It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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