"If you want to be financially free, you need to become a different person than you are today and let go of whatever has held you back in the past."
- Robert Kiyosaki
Questions to ask yourself before buying a stock:
• Do I understand how the company makes money?
• Does this industry have a bright future?
• Do they have a healthy balance sheet?
The quality of your results stems from the questions you ask.
What the rich don't want you to know:
• Pay off bad debt
• Pay yourself first
• Start a side hustle
• Invest early & often
• Don't drive your wealth
• Buy assets, not liabilities
• Spend less than you earn
• Take advantage of the tax system
This is how you get ahead.
The 5 steps to financial freedom:
• Get out of bad debt
• Have a written budget
• Learn compound interest
• Invest according to your strengths
• Mortgage/rent < 25% of monthly income
What else?