Some advice I would give to anyone new to learning about their personal finance

➖See where every dollar is going, in or out of the account

➖Learn to recognize your bad spending habits and make a conscious decision and plan to break that habit and replace it with a positive 1
➖Be open minded when it comes to learning, learn to shut up for once and just listen. Their is a reason you have 2 ears and 1 mouth

➖You may not have a clear path in the begin, but the first step is always the hardest so push through it

➖Paytience- give your self time to
Learn

➖Have a plan to master a certain craft to make a constant daily cash flow, 99% of the time you have a 9-5 to fund your beginning. Make sure you learn and take advantage of the 9-5 to develop people skills and a solid work ethic. Your 9-5 and first job is ur backbone
➖You have a 9-5 and have a set income, now create and budget and work until you have expenses covered and built up a little cash on the side.

➖Next step, in my opinion, is to find a secondary income using the side money you saved up to create a whole new income. Side HUSTLE
➖Give your self time to learn and get better at your side hustle, whatever it may be. You just need another income besides your boss’s checks. No one picks up a new hustle and makes 1000s over night.

➖Now you have a 9-5 with a set amount and a new baby cash flow machine
➖Before you were only use to getting ✖️amount of money bi-weekly, this week business was GOOD. You just made your monthly salary in a week!

➖Now that you successfully started and persistent through, you have a 9-5 and a fresh new side hustle. Now with extra cash and income
Life style should not change, it’s your life do as you please but, don’t allow yourself to get comfortable right after you just created some momentum. Keep same budget prior to pay raise and start building your long term portfolio and don’t let your extra cash not make you cash
➖The goal is to have your money constantly being flipped. So now you have just generated a third income just because you know how to save a little bit of money. Now you have extra earned cash growing and you being payed dividends

💥 now you have 3 incomes
You can follow @MrMattATM.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: