Aaron Menon CFP® 🇨🇦

Personal Finance Teacher for Six-Figure Millennials across Canada | Partner at @HHAAWealth | The most value in the fewest words ⬇️

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@camp_wealth This is very well said.

Your net worth is an indicator of how much of your life and future YOU own (i.e. freedom).

But it’s also a metric that represents the bridge between the answers to your 3 questions, and bringing them to reality.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

Everyone’s talking about the opportunity that millennial Advisors have, but can we take a moment to discuss what the wealth management landscape will look like for Gen Z planners?

I mean… as long as we don’t screw things up that is.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@TKopelman Higher fees equate to:

1. Client:

⬆️ emotional investment
⬆️ perceived value
⬆️ willingness to implement recommendations
⬆️ RESULTS

2. Advisor:

⬆️ perception of your own business/product
⬆️ service levels
⬆️ cash available to reinvest in clients

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@MichaelKitces Very insightful.

It would be interesting to see what the data looks like for advisors in the first 10 years in their career vs. those beyond this.

Are more younger/newer advisors utilizing a fee-based approach vs. the typical AUM model?

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

Just because someone earns a lot, doesn’t mean they’re worth a lot.

Rich is loud, Wealth is silent.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

The most important money decision that a millennial will make:

Whether to, when, and whom to marry.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@xavierverse @naval Of course he’s the most sophisticated… he is one.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

What I miss most about group vacations, road trips and cabin weekends:

The inventory of inside jokes that build up and can be used in the future.

Ex: look at the names of your group chats to elicit serious nostalgia.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@AliAbdaal Save thread @readwiseio

[Ramit Sethi @ramit]

I spoke to a couple who were fighting about renovating the bathroom. She wanted it, he didn't

They made $150,000/year

When I asked what they wanted with their money, he said, "I don't know." I pushed. "Maybe travel...buy a house...send kids to college"

What do you notice?👇

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@behaviorhack To see what you’re capable with yourself, get online.
To see what you’re capable with others, get offline.

Either way works.

[Megha @megha_lilly]

Perhaps if it weren’t for Amazon, streaming and zoom services, lockdown would never have been considered let alone last as long as it has in many places.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@abello254 Mate. Starbucks is basically overpriced coffee. People don’t buy products, they buy emotions.
It’s not about what charcuterie is, it’s about how charcuterie makes us feel.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@behaviorhack So true...

All self-help basically boils down to ‘choose long-term over short-term’ and ‘understand the power of detachment’

Love your stuff.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@behaviorhack We could also add in:
- Democracy -> Subreddits

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

It took me 25 years of existence and 1 year of intense observation to realize that the high-performance drugs that exist today are the same as 2000 years ago.

- 8.5 Hours of Sleep.
- 10,000 Steps.
- 3 Litres of Water.

Note: Must be consumed daily.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@sweatystartup Arguably the best tweet I've seen this year.

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@JoshOlfert This is as simple as you can genuinely put it. @naval

[Aaron Menon CFP® 🇨🇦 @aaronmenonCFP]

@Abel_Nyamori You bless me with your playlists everytime I see you.

[Naval @naval]

All self-help boils down to "choose long-term over short-term."