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Some of the Best Money Tips in a Few Short Sentences

money should not be talked about a lot and elevated, but as concisely as possible. A maxim says: "Talk a lot, poor man!"

By Cosmin CPublished 2 years ago 7 min read
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Some of the Best Money Tips in a Few Short Sentences
Photo by 金 运 on Unsplash

Finance was my previous job. My coworkers had a knack for making the mundane — like opening a bank account — sound like an expedition to the summit of Mt. Everest, requiring 1500 days of preparation.

We have a consulting industry because of the complexity of the problem.

That one, too, I was a part of. It’s common for people to tell other people how to operate their businesses. It’s all just hypotheticals and wishful thinking. There is no stake in the game, and no action is taken.

Let’s simplify money so that we may use it to buy back our time.

Recessions

Entrepreneurs become employees again, Mercedes Benzes are sold at a fire sale, and egos are reset.

Investing

Every day, do it. Make money work for you by investing it. Because if you don’t, you’ll spend the rest of your life working hard for nothing.

Salary

What an employer must pay you at the very least to entice you to show up for work. Here’s where you begin. Please, don’t stop here.

A salary carries little risk. That’s why it’s so enticing. Because of this, a salary is a form of financial sabotage. Invest a certain amount of your earnings regularly.

Rates of interest

Because everyone wants things to be cheap, they all try to get the best deal. The cost of borrowing money increases when interest rates rise.

Indebted consumers, unable to pay the increasing interest rates, end themselves in financial ruin.

Accounts for savings

The free investment fund offered by your bank. Scam in which you receive no money at all.

A phony safe deposit box. Your money is at risk if the bank fails.

Governments do their best, no doubt. Banks don’t owe you anything if 2008 happens again.

Google “bail-ins” to learn more.

The most important financial choice…

Who you’ll be marrying.

When it comes to divorce, stay away from the crazy people.

The second-largest investment choice

Not spending more than you have. The people that live next door to you are nothing but a nuisance.

Happiness

When you’re poor, you may buy happiness with your money. Breaking free from the clutches of money isn’t all that enjoyable. Trying to grow rich by chasing money is a waste of time and energy.

Investing in real estate

It’s a religion.

Having a lot of debt can be extremely stressful. A job as a hotel manager for a bunch of broke millennials in a landlord’s building.

During a downturn, those who don’t understand the value of the real estate or who take on too much risk are weeded out.

Freedom from financial constraints

Not the kind of work you do in your pajamas on the beach with your laptop. Nope.

Once you have money to spare, you have the freedom to pick and choose what projects and jobs you want to get involved in.

When you stop doing what you love, you’re done. Not at all.

Success

Being able to get out of bed on a Monday morning without feeling depressed about your financial situation.

Currency

The currency of the world (Not US dollars.) Time is the only real cash we have in this life. You’re a millionaire if you have a lot of free time or are young.

The Dollar of the United States

The value of a melting ice cube diminishes over time. Currently, the value of the dollar is depreciating at a rate of 7.5% every year. When using a calculator, the true percentage is more than 15%.

The cost of a home has risen.

The process of determining a fair price has become tainted.

Here’s how it all went down: Since 2020, generate trillions of dollars. Get them out there and distribute them. The more money there is, the more expensive everything becomes.

The cost of housing increases. A lot of people think they made a fortune. They appear to be in a good mood. Nobody protests or gets annoyed with them. Fact: It’s unlikely that they got richer. Scam.

Money is made by printing it out.

To pay for war and global health crises, governments create additional money out of thin air. Inflation is a form of unintended taxation.

Monetary resources

A haven for your money where you don’t have to pay the inflation tax of the uninformed.

The Bank of the United States

Created money banks exist in every country. They are not elected by the people.

It’s hard to resist the allure of making a ton of cash for nothing. As a result, they carry it out.

Psychology

How you think, invest, spend, and save are all influenced by your brain. Unless you train your mind, earning money will be a never-ending challenge for you.

“The Psychology of Money” is a good resource to look into.

In order to increase one’s income

Make a greater impact on the lives of others.

Poverty

You believe that having more money will solve all of your problems. Compare your fortune to that of others.

Risk

If you don’t, you’ll spend the rest of your days doing the same old thing. Don’t go to your grave regretting what may have been.

Fee

When you give anything away for free, people assume it has no value. People should be charged.

Bonds

An investment that pays less than inflation’s rate of return. Borrow money from governments or corporations. Get ripped off. Another prank in the financial industry.

Even if one’s earnings decline, if one’s quality of life rises, then is ok. Win!

Wealth

Quiet. There’s no need for it. Lambo-flashy. The rich appear to be of average appearance.

A stable source of income

There is no such thing as a boss. There will be no pinstripe clown suit. There is no alarm clock. Non-commuting Meetings are less frequent. There is no limit

How much money you can earn

Wi-fi is the greatest financial tool of all time.

The money-making machine

Optimism

Open-mindedness

The money slowed down

Pessimism

Skepticism

Patience

Lose a lot of money by trading in and out of the market like a trader. Over time, if you invest and ride out the ups and downs, you’ll be prosperous.

Volatility

The sharp price changes rob the unwary of their money while rewarding the patient.

Volatility is a sign of significant growth potential for an asset. Cryptography is explained.

Crypto

It’s not a rip-off. Just like the internet, it’s still in its infancy. Don’t ignore it or you’ll seem foolish and end up destitute.

If you’re feeling overwhelmed by it, stick to Ethereum and Bitcoin.

Income that isn’t dependent on you doing anything.

Stocks, cryptocurrencies, online businesses, and online writing all provide ways to earn money with little to no effort.

As a general rule, don’t build twice. Earn for the rest of your life.

Caution: to make it happen, you’ll need to put in some effort up front. Passive income is income that is generated automatically.

A second job

To make money, try out new methods. Done over the internet. After-hours events are common. A year or more is required. It is possible to replace a 9–5 work with a side hustle if one is persistent.

The stock market has collapsed.

Discounting of financial assets occurs. A good opportunity to look for bargains.

Interest compounding

Whoever has a grasp of it has earned it. If you don’t, you’ll have to pay.

Leverage

To make money or not to make money? The power of leverage increases the impact of your efforts. The same amount of effort yielded far greater cash rewards.

The pinstripe suits also utilize the term “leverage,” which is a fancy euphemism for borrowing money, to confuse the average person.

Get rich quickly

Build a following. Using an email list, you may turn it into a community of your own. Make money by selling goods and services. Achieve your financial goals online.

It’s not necessary to get wealthy. Just take the time to study money.

Understanding money isn’t difficult. We live in a Matrix, and the only way to avoid wasting your time is to believe it is.

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