Dreiberg

#PersonalFinance. #Minimalism. #IndexFunds. I’m not a financial advisor. Nothing I say constitutes financial advice.

[Dreiberg @Dreiberg3]

A taxable brokerage is one of the last places I look to park my money. There are tax-efficient alternatives. Here are three that I contribute to regularly:
-401(k)
-Roth IRA
-529 Plan

[Dreiberg @Dreiberg3]

@TheAlphaThought I didn't have to go to work to earn that $5.

[Dreiberg @Dreiberg3]

You can't save money if your income isn't greater than your expenses. Cut your expenses wherever you can. It's often easier than increasing your income.

[Dreiberg @Dreiberg3]

My parents are fantastic, but they didn't teach me about investing. I had to learn myself, and I started over 10 years later than I should have (although I'm still grateful that I started when I did).

I will give my son the financial education I missed.

[Dreiberg @Dreiberg3]

I've made a resolution to journal every day for the rest of the year. Some journal entries may be very short, but I think consistency is key here. I'll focus on recording things I'm grateful for.

Here's an article about journaling that I enjoyed reading.
https://t.co/nYMvxOF3nV

[Dreiberg @Dreiberg3]

Here's an article on environmental design, a habit forming method that I've started using lately. I've seen some good results, and I'm looking forward to leaving my chaotic, disorganized lifestyle behind me. 2023 is the year 💪🔥
https://t.co/fKyzBqgVLD

[Dreiberg @Dreiberg3]

$VTI is my favorite ETF. What's yours?

[Dreiberg @Dreiberg3]

I've scheduled time this coming weekend to create semi-detailed 6 month, 2 year, 5 year, and 10 year plans for myself.

Who else does this? How has this practice impacted your life? Any tips?

[Dreiberg @Dreiberg3]

'Atomic Habits' already gets endless hype online, but it's seriously one of the best books I've ever read. I've begun to implement some of the concepts that the book covers (ex. environmental design, habit stacking). The results I've seen so far are minor but still impactful.💪🔥

[Dreiberg @Dreiberg3]

@dividendology Thanks! I will definitely check it out.

[The Money Cruncher, CPA @money_cruncher]

Investing into ETFs is boring.

HOWEVER, it doesn’t need active management, deep research and thinking.

[Dreiberg @Dreiberg3]

One step at a time 💵

[The Money Cruncher, CPA @money_cruncher]

Me sleeping when that $1.63 dividend is coming in.

[Dreiberg @Dreiberg3]

@Budgetdog_ I’m glad you know how to work hard, play hard, Brennan.

[Dreiberg @Dreiberg3]

@twocentsbb $SCHD is great, but it does not have any $MSFT or $AAPL. $DGRO does.

I also like $VIG.

[Dreiberg @Dreiberg3]

Throw extra money at your savings, not your lifestyle. Lifestyle creep is a killer.

[Nick | Dividend Investor & Educator @Smartnetworth1]

Every time I get paid or make any extra money, my main priority is to increase my passive income. Keep building my investment kingdom.

[Dreiberg @Dreiberg3]

@SilenceInvests I buy $VTI every week! Travel safely!

[Dreiberg @Dreiberg3]

@yestoriches Thank you for this post. I’m often confused by Twitter posts asking if people think $300K is enough for a family of four to live on. Where in the world is the cost of living that high???

[Dreiberg @Dreiberg3]

@brendanschema I’m somewhat embarrassed to say that my current coffee order is a Rockstar Zero.

[Dreiberg @Dreiberg3]

@DividendKingTSX That’s a phenomenal track record.

And a belated congrats on the birth of your child BTW.