All the more to buy stocks in companies that lead the country (i.e. Banks) https://twitter.com/l3ftist_thug/status/1088799238778175488
The rich get richer, and the poor gets poorer. Look at Wells Fargo's stock since 1972:
Buy assets and avoid buying liabilities.

Every time a new iPhone comes out, y'all buy it 🤦🏽‍♂️ and now the new wave is to pay for it through a payment plan smh. All you're doing is creating a new bill for yourself to acquire something you don't need, just something you want.
How to thrive financially in your 20's and 30's:

1) Buy a car you can AFFORD

2) Buy a house or rent an apartment you can AFFORD

3) AVOID spending on dates with people that won't matter in 6 months

4) STOP running up your credit cards to just to fake flex

5) START investing
Successful people read! You must be a reader. How do you know the right decisions if you do not have the right knowledge? Reading provides the knowledge you need to maneuver effectively in society.
You have to focus on your needs and sacrifice some of your wants temporarily so you can have everything you want later. Sacrifice ideas:

1) Bring your lunch to work somedays instead of buying.

2) Avoid the malls, stores, and online stores.

3) Avoid going out every weekend.
Stay humble:

Never be intimidated by someone else's success. Congratulate them, and learn from what they did to help build on your growth! This will add something new to your mental portfolio of skills and ideas.
IT'S FRIDAY!!!!!!!!

For some of us, it's payday!

Make sure you pay your bills and other needs before you spend on your wants.

After you pay for your bills/needs, budget for the things you want. Consider putting 5-10% of your pay in a savings account and don't touch it.
Today's tea:

(
) ( ) (
_(______)___(_____)__
| Create a budget! | |
| Needs over wants! | |
| Save! Invest! Repeat! | |
| What are your |_|
\\ lifestyle /
\\ goals? /
\\_____________/
Put your money to work! Make your money make you money. #FlipYourMoney
Yikes! Look at the graph below that shows the rise in household debt (liabilities) since 2003.
Currently reading:

"Incomes haven’t risen as fast as rent, medical costs, or tuition—three of the biggest burdens for U.S. households. As a result, savings rates have declined, leaving middle-class earners more vulnerable to being bankrupted..." http://bit.ly/2F3aSYy 
"You don't want to buy stock in companies that have to do everything right."
- Warren Buffett
Books I just ordered for my own reading:
Invest in yourself.
Just got @superwuster and @BethKobliner books in the mail 🤓
Just ordered two more books 🤓
Now reading @dhewittChina
Today's reading (Monopoly and anti-trust history)
Today's reading @BethKobliner
Today's reading:
Today's reading: Food is one of the best investments. We NEED it and we want it. It will always be a primary purchase of all people. Can't lose! People will pay to survive no matter the costs. Inexpensive food options like McDonald's will always win in a strong or weak economy.
Putting y’all on game
Just ordered the book, “The Overspent American.” The video sums up the book and explains part of why the middle class struggles. Competitive consumption plus the influences of social media is a huge problem. A must watch...
Just ordered this book:
First book arrived
A MUST READ‼️ This is y’all problem...Bet this won’t go viral
📌 This is why people struggle... #CompetitiveConsumption
Second book order just came in and I’m hype to read it 🤓
📌 FREE GAME...
One of the best things you can do to manage your money is to pay a bill as soon as you get it, if you have the money to pay it. Get your responsibilities out the way! Invest and spend the rest.
House/apartment poor:
Financial Literacy 101:
Just ordered two new books...
Just ordered two more...
Victor Lebow, an economist, quoted saying, “Our enormously productive economy demands that we make consumption our way of life, that we convert the buying and use of goods into rituals, that we seek our spiritual satisfaction and our ego satisfaction in consumption.”
New read just arrived 🤓
FREE GAME‼️‼️‼️‼️‼️‼️
The Marathon Continues ™️©️🏁
Three more books just showed up: 🤓
This is beyond problematic‼️‼️‼️ The days when people worked for one company for 30 years and retire to sunny beaches are over. It’s crazy how most aren’t paying attention to what’s happening. Most people will literally work until they die. Poor or Wealthy.. #ShrinkingMiddleClass
Trying this 21 day fast. I’ve already accidentally gone 4 days without spending. 17 to go!
I leave for Colorado today and look what’s in the Wall Street Journal
Today’s Wall Street Journal article @aplusk
Today’s Wall Street Journal article:
Just ordered four books:
Hype to start this book!
“Our acts can be no wiser than our thoughts. Our thinking can be no wiser than our understanding.”

- George S. Clason
“Opportunity is a haughty goddess who wastes no time with those who are unprepared.”
Just ordered a new book
Currently reading...
Currently reading/finishing the last two chapters of a book I started three years ago
Finished 🤓
New read:
Currently reading: @DinaSrinivasan
Be sure to read a book this year! #MentalGrowth
Today’s Wall Street Journal article discusses how the wealthy are moving to Florida to save on taxes. No income taxes or estate taxes.

My Wealth Tip: It’s not about how much you make. It’s about how much you keep!
For your political-economic knowledge of the game being played:
Currently reading:
📌 Reading needs to be important in our current generation to help close these gaps that have been passed down through generations
Finished reading 🤓

Take aways: Race is easy to see but racial discrimination is not always the (primary) reason for why different financial results occur. Sometimes there are other types of discrimination or socioeconomic factors that may be the (primary) reason.
We can’t make excuses. We just have to maneuver differently.
Tonight’s reading 🤓
😱 Today’s Wall Street Journal article:
Today’s Wall Street Journal article has me big mad lol. Fellas, y’all really traded in Timbs for those kitten healed boots 🥴🤦🏽‍♂️ #ThrowThisWholeGenerationAway
Today’s Wall Street Journal article: That’s an insane salary package. The wealthy get wealthier. Notice the bulk of it is stock which is why encourage you all to get involved and play the game they are playing.
Fortune magazine, February edition article:
Microsoft is my top stock play for 2020 for this exact reason; their focus on artificial intelligence. Also, their stock price is less than Apple, Amazon, and Google.
Today’s Wall Street Journal: 🥴
This is why I say, take people’s Instagram and other social media posts with a grain of salt. Those pictures don’t = their lifestyle. A lot of irresponsible cap. Y’all see the trips, the bags, clothes, and the shoes but you never see how they bought it. They don’t post that 🤐
Some of this debt is also due to people that struggle to make ends meet and just try to find a way. This country needs to come up with new ways for people to make live-able wages. Minimum wage is not live-able. Minimum wage is modern day slavery.
Until the country changes wages to live-able, which could be never; we must make the change ourselves. If the government won’t be the answer for what we need, then we ourselves need to be, somehow and someway.
Just ordered 🤓
Just ordered 🤓
Currently:
Currently:
Money is a tool. If it’s just sitting in a savings account, then it’s not working for you; it’s just sitting. Put it in the stock market or another investment tool and put your money to work for you. Most of us are already poor so why not try. #GetRichOrStayPoorTryin
Wall Street Journal article on Apple and their iPhone costs and profit margins. Look at how much it costs to make your phone in comparison to what you pay. Apple 🤑
Today’s Wall Street Journal article:
Went shopping and found this buy/sell movie and books store. Found some gems for $5 each
Current readings:
Currently reading: This book is amazing! I highly recommend it. I’ve only read the preface and chapter 1 and it has changed my mindset and how I deal with situations already. @RobertGreene
New read just arrived! Perfect for these times 🤓
You can follow @Coach_Julz.
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