Generational Wealth (@generationalwe6) 's Twitter Profile
Generational Wealth

@generationalwe6

#nomore9to5 | 🙅‍♂️
Teaching New Ways of Income | 📚
Stop Trading Time for Money | ⌛
Invest For The LongTerm | 📈
Motivating To Help The Future | 💡

ID: 1295571390050062336

calendar_today18-08-2020 04:01:16

118 Tweet

13 Followers

109 Following

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You got to train your mind to be stronger than your emotions otherwise you’ll lose yourself every time you face difficulties. You got this.

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If you have kids, here is a major wealth & credit tip. Add your kids onto your credit cards, commit to paying them I time every month & make sure you keep your utilization below 30% This will set your kids up with an 800+ credit score by 18. Teach them how to use this!

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Taking the easy path in the moment always makes the future more difficult. Stop thinking short-term and begin thinking long-term. Long-term thinking is what makes most investors rich in the stock market.

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Just because we didn’t have this opportunity, doesn’t mean we shouldn’t give it to our kids. Normalize starting our kids out with a life that was easier than ours! Money, assets, credit etc. Get it out the mud now so they don’t have to later.

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You don’t necessarily need a lot of money to become wealthy. You need time. Investing just $5 per day into an index that earns an average of 10% per year will give you: $31,994 in 10 years $330,221 in 30 years $2,300,000 in 50 years $6,092,393 in 60 years

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The rich get richer because they don’t trade time for money. They invest money for more money. In other words, the money works for them.

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Be fearless in your business! You’ll never know what works if you don’t try. You might be sleeping on a million dollar idea because you’re afraid to post & promote yourself online. Fear is stopping your bag. 💰 That’s a no no! 💯

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That ebook? Write it. That podcast? Launch it. That idea? Execute it. That story? Share it. Put your superpowers to use now because done is always better than perfect.

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Here’s what helps me stay organized & accomplish my business goals: - put your kids on a schedule as best as possible: set times for breakfast, lunch, nap, & dinner - work when they are sleep so that your days can be productive - prioritize self care so can be balanced

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Don’t sleep on life insurance If you’re serious about building generational wealth & passing it down, you need life insurance Policies. Starting young you could be paying less than $50 per month to have $500k-$1milli in coverage. You spend $50 on Friday at Chipotle & Starbucks