01/23/2021
How do you feel about this? ๐
We love our People
And love means keeping it 100...
So let's keep it ๐ฏfor our beautiful people:
-Complaining isn't going to change our circumstances-
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Unpopular Opinions:โ
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โ Your job won't save youโ
โ Saving money doesn't build wealth
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SAVE YOURSELF & INVEST YOUR $$$โ
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"๐ช๐ข๐ฅ๐๐๐ก๐ ๐๐๐ฅ๐" ๐๐ข๐๐ฆ๐ก'๐ง ๐ช๐ข๐ฅ๐โ
If you're the "average American", you work for someone (at least for now)
Unfortunately, a job won't always increase our income more than 2-3% yearly
(i.e. the average rate of inflation*)โ
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Changing jobs every few years gets played out after a while, tooโ .
So what's the solution?
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"๐ฆ๐๐ฉ๐ ๐ ๐ข๐ก๐๐ฌ" -๐ง๐๐ ๐ฆ๐๐๐๐ฆ
A savings account is *not* the move toward wealth accumulation - but we do need an emergency savings fund for unforeseen events
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The ultimate goal with our income is to put our dollars in investments that beat the rate: 2-3% annually
We do this b/c the U.S. dollar has lost about 98% of its value has eroded over the last century) โ ๐
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So, why hold onto something that is LOSING VALUE?โ ๐ค
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INSTEAD...โ
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Wec can INVEST into assets that INCREASE in value and provide POSITIVE RETURNS long-term (e.g. )โ
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How are you hustling in 2021?โ
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๐ช๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐?โฃโฃโฃโฃ
SAVE โข COMMENT โข SHAREโฃโฃ
โฃโฃโฃ
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๐๐๐๐๐ช ๐๐ผ๐๐ผโฃโฃโฃ
๐
๐๐๐๐๐ช ๐๐พ๐๐พโฃโฃโฃ
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๐๐๐๐๐ช ๐๐ฟ๐๐ฟโฃโฃโฃ
โฃโฃ
๐ โ
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*Source: : United States: Inflation rate from 1990 to 2020