There is no simple solution to "making it". But there are some things that will help putting you in the right path to get there.
Here's a blueprint of what I have done for myself since I was 15 years old (I am 30 now) and that I personally believe to be good and easy to understand guidelines in order to become financially free:
1. Positive cashflow: Earn more than you spend.
This should be everyone's first step into building wealth as it will allow to slowly have more money at the end of each month.
2. Rainy day fund: liquid, in cash (at least 6 months worth of your expenses); obviously you need positive cashflow for this.
3. No debt (usually means avoiding credit cards):
By achieving #1 & #2 you will be in a position you can stay debt free. You can still contract debt on purpose, but as a strategy, not as a necessity. Most people fail 1# & #2, meaning they fail #3 as they are forced to contract debt in order to cover day to day expenses.
4. No other liabilities: all taxes, bills, fines and other financial obligations are paid and up to date. Ideally during your journey you develop enough knowledge and the savviness to avoid liabilities accumulating and aggravating.
5. Investing: If you manage to achieve all previous goals, you are in a position where you can comfortably allocate capital into investments aiming to grow your wealth. This can be done very actively, or very passively. At this stage you need to learn what is your risk appetite and develop your own strategies and find your hedges. Btw, as shocking as it may sound to CT, gambling on shitcoins is not investing.
I secured those 5 steps along the way, years before I got into crypto, through a combination which put me in a place where I could take a lot more risk without so much worry. IMO, if you are not in a position to take this level of risk, you probably shouldn't be hoping to gamble your way into financial success, especially when the odds are drastically against you like they are in the trenches.
Many people have zero understanding of basic personal finances and honestly believe that they will make it if they keep doing everything wrong.
Which leads to this conclusion: never stop learning. Always be hungry for more knowledge, for more financial literacy, for more understanding and for improving yourself. No one else will do it for you.
The world is a terrible place rn, but that doesn't necessarily mean your life has to be too. Hope you make it as well, anon. 🤝
If you find value in this post, give it a like, RT and leave a comment ❤💪
solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump updates:
adding $SOL liquidity from creator fees to LP so easier for price to absorb sells from early buyers & deeper liquidity for new whales to buy
will prioritize airdropping $SOL to best bagworkers on socials so there's net buying pressure on solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump from continued virality
for solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump airdrops will stagger them at higher market caps, with added bonuses for longer hold times + ppl putting out quality posts + ppl doing IRL activations + ppl building community tools, tracking at https://t.co/bcooKtvatf
stop sending me large supply of new coins attempting to vamp existing ones off attention, if it's something novel then just airdrop supply to all solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump holders
talked to @_TJRTrades & @brezscales on the normie marketing funnels on instagram & tik tok, aligned on putting content out across diff socials
have already hired some ppl for socials, marketing, design, writing - working on re-organizing the existing pages & content/storytelling
full transparency all decisions w/ supply for team/marketing will be made from the public pump fun wallet, so don't be alarmed if there's any movement there, don't have anything to hide and don't have any side wallets
sidebar: if anybody knows best way to setup online quests for holders to interact with different protocols please let me know, want to incentivize people who are new to crypto to use apps & be rewarded for doing so - believe that its important to utilize attention properly and direct it to the right areas, even better if you can come on @MarketBubble
goal is to onboard as many new people to crypto as possible, while allowing them to speculate on a coin representing the emergence of a new bull market, and building a community of people who win and help others win by sharing good info & positivity while learning from each other + do the largest airdrop in crypto and encourage other successful protocols to do the same
DM w/ your talents if you would like to help this has all been very grassroots and community aligned and will continue to be
appreciate the patience w/ everything have been doing most of this solo & now have team helping me build some tools to make things easier
$ANSEM has 110k holders and 94% are in profit
• 12 are up $1M+
• 200 are up $100k+
• 1,500 are up $10k+
• 6,000 holders are up $1k+
• 100,000 small holders in profit!
recently @blknoiz06 has been talking a lot about rewarding attention for token holders
we’ve built a flywheel where both solana:GaZb3DE2U3Jcjx7ddAVwobsBKnCaDoJWLbzTvJYhpump and solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump holders benefit at the same time.
there’s no other beta that’s doing this
solana:GaZb3DE2U3Jcjx7ddAVwobsBKnCaDoJWLbzTvJYhpump looks really good here send it