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Lucas Griffin
@griffin4defi
If you don’t understand money, you’ll never be truly wealthy. Here are 15 money skills everyone should know by age 30👇:
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
1. Growing Your Network If you want to get rich, Start building relationships with: -Lawyers -Bankers -Investors -Accountants -Wealth advisors -Business owners Your network is your net worth.
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
2. Investing in Yourself 88% of millionaires invest in themselves. How to invest in yourself: -Read books 📚 -Exercise -Take courses -Join a community -Listen to Podcasts The best investment you can make is in yourself.
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
3. Controlling Your Spending Society tells you to: -Spend -Show off -Consume Instead, you should: -Pay off credit card debt -Build up an emergency fund 🚨 -Invest in appreciating assets Don’t go broke trying to look rich.
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Lucas Griffin
@griffin4defi
4. Paying Yourself First How to pay yourself first: • Deposit paycheck • Automate investment first • Anything left over goes to bills Determine: -Where to invest -How much to invest -Investment frequency Make your money work for you.
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Lucas Griffin
@griffin4defi
Looking to multiply your wealth without unnecessary risks? 💰 💡Unlock The Millionaire’s Guide to Smart Investing in Digital Assets and take the first step toward financial success. Get your free guide here 👇 https://SuiterFinance.com/from-novice-to-pro-how-understanding-your-investor-profile-can-take-your-investments-to-the-next-level/
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Lucas Griffin
@griffin4defi
5. Increasing Your Income Increase your income by: - Negotiating a raise - Starting a side hustle - Switching to a new job - Building an online business - Learning a high-income Skill Life gets easier when you make more money.
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
6. Creating a Budget Budget help you figure out where your money is going. To create a budget , track every cent: - How you made it - How you spend it Then categorize your spending as: - Needs - Wants - Wishes spend on your needs and save/invest the rest.
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Lucas Griffin
@griffin4defi
7. Automating Your Money 92% of millionaires automate their money. Automation helps you build wealth on autopilot. You can automate: - Your savings - Your investments - Your bill payments Work smarter, not harder.
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
8. Building an Emergency Fund 63% of Americans cannot afford a $500 emergency. That means the average American 🇺🇸 would have to resort to high-interest credit card debt to pay for surprise expenses. Do your future self a favor and save 3 to 6 months’ worth of living expenses.
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
9. Paying Off Bad Debt Credit cards can be a double-edged sword. Use credit cards wisely, because they can DRAIN your wealth. If you can’t pay off your credit in full every month, you can’t afford your lifestyle.
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
10. Starting a Side Hustle Building a successful side hustle will take: - Hard work - Dedication - Long nights The reward will be: - Fulfillment - Freedom - Time Start by learning a high-income skill.
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
11. Jumping at Opportunities Never let an opportunity pass you by. Don’t be afraid to: - Take a new job - Start a new business - Negotiate for a higher pay Opportunities multiply as they are seized ~ Sun Tzu
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
12. Building on Your Strengths Everyone has strengths: - Writing ✍️ - Managing - Mathematics Build on your strengths and create a career out of it. That’s how you’ll make more money.
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Lucas Griffin pfp
Lucas Griffin
@griffin4defi
13. Surrounding Yourself with Winners If you want to be the best, then you have to surround yourself with the best. Curate a tight-knit circle of high-quality friends and mentors. Quality over quantity.
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