For those who are lazy to watch the video, here's the $20,000 playbook breakdown. 🤣 - Work like hell. Working hard isn't hard enough. You need more than one job, preferably two or three. Yes, it's extreme, but with extreme success, there is no work/life balance. It's called extreme success for a reason. - Invest/save everything. Half your money should go into a savings account, ROTH IRA, or whatever you're comfortable with. The other half should be invested in something that grows over time. Whether that's stocks, crypto, or anything else is up to you. I personally don't put all my eggs in one basket, but it's your call. - You're going to lose something or someone you value. If you think you're going to climb any ladder with everything you started off with, you're in for a sad awakening. Once you really start taking things seriously, you will lose some friends. You'll have less time to spend with friends and family, and that's inevitable. - Don't buy anything big. No vacations. No designer brands. No big shoe collection. No newest iPhone. When you're just starting out, it's better to invest everything you're making. Spending money on things that have no value or don't increase your wealth isn't worth it. Hold off on the things you want right now because, if you play your cards right, you'll get all of it later without breaking the bank.
For those who are lazy to watch the video, here's the $20,000 playbook breakdown. 🤣
- Work like hell. Working hard isn't hard enough. You need more than one job, preferably two or three. Yes, it's extreme, but with extreme success, there is no work/life balance. It's called extreme success for a reason.
- Invest/save everything. Half your money should go into a savings account, ROTH IRA, or whatever you're comfortable with. The other half should be invested in something that grows over time. Whether that's stocks, crypto, or anything else is up to you. I personally don't put all my eggs in one basket, but it's your call.
- You're going to lose something or someone you value. If you think you're going to climb any ladder with everything you started off with, you're in for a sad awakening. Once you really start taking things seriously, you will lose some friends. You'll have less time to spend with friends and family, and that's inevitable.
- Don't buy anything big. No vacations. No designer brands. No big shoe collection. No newest iPhone. When you're just starting out, it's better to invest everything you're making. Spending money on things that have no value or don't increase your wealth isn't worth it. Hold off on the things you want right now because, if you play your cards right, you'll get all of it later without breaking the bank.
I see you educating folks fam! Keep it up MJ!!😁
Imma get your youtube channel reported Joseph 🤣🤣🤣