Some of the Most Brilliant Money Tips Distilled into Short, Sharp Paragraphs
Tiny wisdom for financial freedom
New money ideas help interrupt the patterns in your brain.
Once the patterns are dead, only then can money-skepticism and fear be defeated. These are some short money ideas to think deeply about (not financial advice).
Brilliant people over brilliant jerks
Stop getting excited about how Jeff Bezos made billions.
These money stories are a distraction. Focus on people who are moderately wealthy and quite normal. They have the good life with low stress. What these normies have is something you can actually achieve. Study them. Model them.
Make money in silence
Don’t flex on social media.
Stop showing everybody how much money you have and how great your overseas holidays are. 99% of people don’t care, and the ones who do are losers. Soz.
Building your empire in silence is the new way to act.
1 + 1 = 3
Money is supposed to make sense.
You follow the rules and everything works out, right? Wrong. 1+1=3 is a formula that breaks the rules. It’s mathematically wrong. Yet it demonstrates a level of optimism that will eventually make you money most people can’t access.
Life is whatever you want. If you want 1+1 to equal 3 then it does.
Rich versus wealthy
Rich people chase more income to buy status items. But their work is their slave master. They have no time for themselves. If they get sick or can’t work for a bit, their liabilities quickly bring them down.
Wealthy people focus on autonomy and the experience of life. They want fewer meetings, fewer phone calls and emails, fewer gatekeepers, and fewer masters.
But they want lots of travel, plenty of time with the family, and as many free hours in their calendar as possible.
Aim for wealth. It’s where all the enjoyment lies.
Government-dictated retirement is a scam
Many people work hard and hope to make it to 65 when they can finally start to live. This is a scam. Retire from work you hate while you’re young. Then go right back to work, except this time do the variety you’d happily do for free.
Charity is mostly a scam
Billionaires act like they’re heroes.
The charities they put their name to aren’t to help homeless kids in Africa. No. It’s to reduce their tax bill.
Forget about what people say. Understand why they do what they do.
Many financial success stories are just PR
Dan Price had a huge following on LinkedIn.
He told big companies where to stick their slave labor work models. He cut his salary to $70,000. He gave his employees a huge pay rise. Then they bought their wonderful boss a Tesla.
This story spread like wildfire over the last few years.
And it was fake.
Dan lied about it all. Now he’s facing rape charges.
Financial success is often faked to help a person sell more widgets. If a story sounds too good to be true it’s probably PR. That’s why you’ve gotta forget the comparison game.
Those who look rich are often dirt poor or mentally bankrupt.
Slow down to speed up
The people who made a lot of money in crypto (like me) all have one thing in common: we invested for 5+ years.
We didn’t ride the wave or bet the farm on a doggy coin. Nope. We just did our research and held on to coins such as Ethereum.
Real wealth is slow. Go slower. Take your time. Invest for the long term.
Hack your behavior
Intelligence has nothing to do with money.
The way you win financially is to defeat your brain. The best way to do it is by using automation to override your psychology.
In other words, make investing happen on autopilot. Have automatic debits come out of your bank account that go into your chosen investments (stocks, bonds, real estate, gold, etc).
Once it’s automated impulses and temptations are defeated. They’re what bring you down.
Money DOES affect happiness levels
Obviously money isn’t everything. But when you have a small amount of it and constantly can’t afford the basics, life sucks.
Don’t fall for the lies gurus spread about how “money doesn’t make you happy.”
It does contribute to your happiness if you’re broke. After a certain threshold (typically $100K) it all starts to feel the same, though.
Pay attention to who gives out credit scores
The politicians who decide on credit scores and help create the regulation are in huge amounts of debt.
American politicians have racked up $30 trillion in debt as an example. Don’t take financial advice from them or give two sh*ts about their opinions.
All they know how to do is bankrupt us and put future generations into huge debt.
The real estate dream
Real estate is cool but it’s overhyped. Yes, you can make money from it, but honestly it takes a long time. Most people would make money online faster than they would collecting rental payments and dealing with piss-ant tenants (like me).
A job is designed to destroy your dreams
You get just enough money to forget those dreams. The money helps you delay them to some time in the future when you’ll supposedly have enough money or time to focus on them. That time rarely ever comes – and big companies know it.
Don’t let a job distract you. Keep your real goals front and center. Don’t lose sight.
Current income doesn’t predict future income
Whatever income you have now can get wiped out overnight. So don’t ever think a job is safe, and working for yourself or starting a business is risky.
Building your own thing decreases the risks over time because you own it. Working for someone else increases the risk over time as you become more reliant on them and the comfort becomes greater.
Take risks to make money
Many people go their entire lives without taking a single risk.
Risks are scary, sure. But calculated risks with capped downside lead to the big financial gains over time. If you don’t make a few small bets and invest in a some ideas, all you’ll ever be able to access is the bare minimum. See above – it sucks!
Passive income
Making money while you sleep is the best feeling in the world. Try it.
The only way to die…
With no money in the bank.
Money left over equals time not spent. Make those children or grandkids earn their own money, otherwise they’ll never appreciate it and become lazy sons of b*tches. So die with no cash left to ensure there are no regrets at the end.
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Most of what you had to say I agree with, but I feel real estate is an important investment if you have time and start small. The two basics are food and shelter, real estate is shelter and yes, money does grow on trees, nuts and fruits are worth a lot of money. Money is a means of exchange, it is only worth what you can trade it for..
Great read and insight. Succinctly put but impactful. Keep up the good work Tim!