Thursday, April 17, 2025

Financial Tips

 Things You MUST Do If You are Getting Rich


1) Keep quiet

Your first instinct will be to tell everyone.

Don't.

The moment people know you have money, you become a target.

2) Pay off all existing debt

• Student debt
• Credit cards
• Home Loans
• Car loans

Wipe the slate clean (& don't create new debt thinking you can just pay it off).

3) Don't quit your job (yet)

The satisfaction of telling your boss to take a hike would be incredible…

But avoid the urge to “burn the boats.”

Having structure and purpose prevents the spiral that leads most people back to 0.

You can leave at any time (don’t rush it).

4) Let the money sit for 6 months

This sounds extreme, but it's crucial.

Your emotions need time to process this.

Make An Emergency Fund

5) Invest in financial education

If you want to stay rich...

You need to understand money.

Most fortunes are lost through ignorance

6) Get comfortable, but not "rich"

Pay off your home (don't buy a mansion).

Drive a nice car (but not a Luxury).

The difference?

One improves your life, and the other creates new expenses that slowly bleed you dry.

7) Invest in your health

Money is worthless if you're not alive to enjoy it.

• Hire a personal trainer
• Buy higher-quality food
• Get a full medical workup

Good health extends the runway of your wealth.

8) Trust proven systems

The wealthy stay wealthy by putting their money in proven systems managed by professionals.

They don't try to beat the market.

They leverage expertise and let their money work for them 24/7.

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