It’s so simple and yet most people stumble with step 2 and never get their spending under control. They “need” a newer car for safety, “need” a bigger house so each kid can have their own bedroom, a whole lot of “need” wrapped in overconsumption that leaves them feeling empty
I love your take on building wealth, Tim. - Stacking skills is not only a great way to separate yourself from the crowd, but it also opens you up to more potential income streams.
Love this post, Tim. This series of steps works! I've seen time and time again. We fall to the level of our skills and habits, so leveling those UP is the key. Bet on yourself and invest in yourself! The world presents now opportunities that no humans ever had. Use them.
I like the idea of being a “tax-efficient individual”. I don’t think that way normally but I can see how setting up a business and using it to save taxes can be very beneficial.
Investing is the way to wealth.
Hell yes.
It’s so simple and yet most people stumble with step 2 and never get their spending under control. They “need” a newer car for safety, “need” a bigger house so each kid can have their own bedroom, a whole lot of “need” wrapped in overconsumption that leaves them feeling empty
I love your take on building wealth, Tim. - Stacking skills is not only a great way to separate yourself from the crowd, but it also opens you up to more potential income streams.
It's always better to be a generalist than a specialist!
5. Be extremely patient
Love this post, Tim. This series of steps works! I've seen time and time again. We fall to the level of our skills and habits, so leveling those UP is the key. Bet on yourself and invest in yourself! The world presents now opportunities that no humans ever had. Use them.
Sound advice with a pinch of bravery.
Earn more, spend less and invest aggressively
Love the tax efficiency piece. I'm diving into this to learn more!
Finally, some legitimate advice other than the generic bs littering the social media echo chamber
I like the idea of being a “tax-efficient individual”. I don’t think that way normally but I can see how setting up a business and using it to save taxes can be very beneficial.