Recessionmoney (@recessionmoney_) 's Twitter Profile
Recessionmoney

@recessionmoney_

💎 #1 source for recession & financial education

ID: 1538668143610056707

calendar_today19-06-2022 23:41:11

195 Tweet

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If you really want to build wealth, you only need to do two things: 1. Live below your means. 2. Invest the difference. It doesn’t have to be complicated.

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Personal finance tip: Anytime I splurge on something I take the same amount of money & invest it. So if I want to buy a $200 pair of shoes, I also have to buy $200 worth of stocks. Makes you re-evaluate how much you really want something since you have to save 2x for it.

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Don’t rely on the government Don’t rely on your parents Don’t rely on an inheritance Don’t rely on a handout It’s up to YOU to change your finances. Take it upon yourself to create financial freedom & build generational wealth.

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Here’s some free game to analyze spending: cost per use. If I buy a cheap shirt for $10 and wear it twice before it rips, that’s $5/use. If I buy an expensive shirt for $50 and wear it 20 times, that’s $2.50/use. Sometimes cheap is expensive, and expensive is cheap.

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Don’t hate the game, learn the game. Don’t fight the system, learn how it works so you can benefit from it while you here.

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Did you know that paying half of your car note every 2 weeks (instead of 1 payment a month) Can shave time off your auto loan and could save you hundreds or even thousands of dollars in interest??

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Interest is compounded daily, for example if your car note is due on the 30th of each month they calculate how much interest you have accrued. So when you make a payment they deduct the interest and then apply the rest of the principal.

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But if you make half the payment on the 15th, it will bring your balance down a bit so when your interest is calculated on the 30th the balance will be less than what it would have been if you waited to make a full payment when it was due!

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18-YEAR-OLD JAYLEN SMITH HAS BEEN ELECTED THE MAYOR OF EARLE, ARKANSAS, BECOMING THE YOUNGEST BLACK MAYOR IN THE UNITED STATES!!

18-YEAR-OLD JAYLEN SMITH HAS
BEEN ELECTED THE MAYOR OF EARLE, ARKANSAS, BECOMING THE YOUNGEST BLACK MAYOR IN THE UNITED STATES!!
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The new mayor of Los Angeles, Karen Bass, will start moving homeless people from tents into hotels and motels through a new program that launches Tuesday. "The city has an estimated 40K homeless population"

The new mayor of Los Angeles, Karen Bass, will start moving homeless people from tents into hotels and motels through a new program that launches Tuesday.

"The city has an estimated 40K
homeless population"
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You're never going to see any success if you don't take risks with your time and money. Losing money is a part of the process. It's your real life tuition.

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We just released a FREE passive income blueprint for y’all 💎 It covers exactly what is passive income and how to build it for yourself during this recession 🔥 Click the link in my bio to grab yours now, you have NOTHING to lose .. it’s FREE!! 💯

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No matter how frustrated you may be with your current progress, you're ONE contact, ONE phone call, ONE referral, ONE move away from changing your life.