Gedam Why

[Gedam Why @GedamWhy_]

Don't put $100k down on a home. Invest $100k in a rental property and let the cash flow cover your rent.

Don't buy a $40k car. Invest $40k in a Bitcoin ATM and let the cash flow cover the car payment.

Let your assets pay for your liabilities.

That's how millionaires think🧠

[Gedam Why @GedamWhy_]

People who say "Stop being afraid to spend money" are the ones living paycheck to paycheck.

This is not "advice".

It's financial suicide.

Be intentional with your money and always prioritize saving/investing.

You don't need to spend $400/week to have fun or create memories.

[Gedam Why @GedamWhy_]

You're not broke if you drive a Honda.

You're not broke if you wear non-name clothes.

You're not broke if your apartment is small.

You're just temporarily sacrificing a certain standard to stack money, invest in assets, and set yourself up.

You're playing the long-term game.

[Gedam Why @GedamWhy_]

The people who think 10 years of investing is "too long" to become financially free...

Are the same people who go 10 years into debt to pay off their car, furniture, and wedding.

It's about priorities and nothing else.

[Gedam Why @GedamWhy_]

4 unpopular but profitable businesses you can start this summer to build wealth for your family:

[Gedam Why @GedamWhy_]

If you earn at least $42,000 per year, here are 4 side hustles you can start today to get your income up to 6-figures:

[Gedam Why @GedamWhy_]

4- Bitcoin ATMs

You can place a Bitcoin ATM at a busy location and make passive income from commissions every time someone buys or sells BItcoin on your machine.

Most BTMs make $1,000/mo in profit.

So you'll need 5 machines to make $5,000/mo.

[Gedam Why @GedamWhy_]

4 unpopular but profitable side hustles you can start today to achieve a 6-figure income this year:

[Gedam Why @GedamWhy_]

3- Cash ATMs

You can place an ATM at a busy location and make money every time someone withdraws cash.

Usually, you can make $3.50 per withdrawal.

On average, you can make $350/mo per machine.

So you’ll need around 15 machines to make $5,000/mo.

[Gedam Why @GedamWhy_]

2- Vending Machines

You can place a vending machine at high traffic location and sell any type of product that is in high demand.

If you pick a good location it’s possible to cash flow $500/mo per machine,

So you’ll need around 10 machines to make $5,000/mo

[Gedam Why @GedamWhy_]

If you earn less than $100,000 per year, it's impossible to become financially free.

Luckily, there are side hustles that can increase your income.

Here are 4 side hustles you can start today to make 6-figures:

[Gedam Why @GedamWhy_]

1- Credit card machines

You can place credit card machines at local businesses like flower shops or smoke shops.

Every time a customer uses their card, they have to pay a 4% fee that goes straight into your bank account.

You’ll need around 13 machines to make $5,000/mo.

[Gedam Why @GedamWhy_]

You need to invest $5,000/mo for 13 years (assuming a 10% return)

So If you earn less than 6 figures, investing $5,000/mo is nearly impossible.

Luckily, there are side hustles that can make you an extra $5,000/mo if done right.

Here are 4 side hustle anyone can start:

[Gedam Why @GedamWhy_]

If you earn less than 6 figures a year, it’s very difficult to invest enough money to become financially free.

For context:

If you want to retire with $5,000/mo in passive income from index funds, you need $1.5M invested.

This means…

[Gedam Why @GedamWhy_]

3 businesses you can start with $40k:

- Cash ATMs ($1,600/m, semi-passive)
- Vending Machines ($1,600/m, semi-passive)
- Bitcoin ATMs ($1000/m, passive)

None of these will make you rich.

But building a cash-flowing business is still the best thing you can do with your money.

[Gedam Why @GedamWhy_]

If hard work made you rich, every construction worker would be a millionaire.

Smart Work >>> Hard Work

Buy assets that generate you more money.

I didn't become a millionaire by working harder than my colleagues.

My money just worked harder than theirs.

[Gedam Why @GedamWhy_]

If hard work would make you rich, every construction worker would be a millionaire.

You need to work smart.

Use your money to buy assets that will generate more money.

I didn't become a millionaire by working harder than anybody else.

My money just worked harder than theirs.