Ryan Francis | The Money CEO

💴 Personal Finance Creator, Community of 400,000 people on social media, Author

[Ryan Francis | The Money CEO @themoneyceo]

@nateobrienn Chase Sapphire Preferred. Only $95/year and you get a ton of benefits.

[Ryan Francis | The Money CEO @themoneyceo]

I pay $10/month to randomly watch The Office with no ads.

$120 a year

Oh, and I’ve watched the office all the way through at least 10 times. #noshame

[Ryan Francis | The Money CEO @themoneyceo]

This guy was so rich, he could’ve bought America!

[Ryan Francis | The Money CEO @themoneyceo]

The biggest flex is NOT a Rolex, Ferrari or Mansion.

It’s being able to wake up and do WHATEVER you want.

[Ryan Francis | The Money CEO @themoneyceo]

5 advantages to buying/building a NEW home:

1. You can customize/personalize home

2. Modern tech/smart home

3. Less maintenance and fewer repairs

4. It’s more energy efficient

5. Builder warranty (typically)

[Ryan Francis | The Money CEO @themoneyceo]

MYTH: You need to carry a balance on your credit card to build credit.

TRUTH: It’s never a good idea to carry a balance on your credit card. You can build good credit WITHOUT paying interest.

[Ryan Francis | The Money CEO @themoneyceo]

$100 INVESTED in the US stock market 50 years ago is now worth $11,000.

$100 stored under your mattress 50 years ago is now worth $15.

If you want to become wealthy, you MUST invest.

[Ryan Francis | The Money CEO @themoneyceo]

If you need a trusted realtor in your area, go to https://t.co/FiWHFC2Rdv

They will guide you through the entire home buying process.

[Ryan Francis | The Money CEO @themoneyceo]

Here are 3 helpful tips for first time homebuyers:

1. Find a realtor that you trust

2. Be specific about your “must haves”

3. Be open to looking at houses outside your preferred neighborhood

[Ryan Francis | The Money CEO @themoneyceo]

6 tips to get your offer accepted in this market:

1) Act Fast
2) Submit your best offer
3) Don’t ask for personal property
4) Offer above asking
5) Put a strong earnest money deposit
6) Waive appraisal contingency (only if you can cover the difference)

[Ryan Francis | The Money CEO @themoneyceo]

Time IN the market beats timing the market.

Historically, the S&P 500 has recovered from every single market crash and has reached all-time highs after.

Don’t wait for a crash. Think long-term and keep your focus!

[Ryan Francis | The Money CEO @themoneyceo]

I aspire to one day have enough patience to call ATT customer service and not punch a hole in the wall.

[Ryan Francis | The Money CEO @themoneyceo]

Living your life with money stress isn’t fun. I know, I’ve been there.

When I built an emergency fund, 90% of my daily stress went away.

When I started investing & got on a plan to financial freedom, stress vanished.

All that was left was a strong desire for compounding. 📈

[Ryan Francis | The Money CEO @themoneyceo]

BEFORE you buy a house, it's important to have your emergency fund in place.

Otherwise, you leave yourself vulnerable, and WHEN life happens, you’ll be forced into debt.

Your emergency fund turns an emergency into an INCONVENIENCE.

[Ryan Francis | The Money CEO @themoneyceo]

Investing 20% income is hard.
Working forever is harder.

Starting a side hustle is hard.
One source of income is harder.

Sacrificing to build wealth is hard.
Being broke is harder.

Choose your hard.

[Ryan Francis | The Money CEO @themoneyceo]

My Top 5 S&P 500 Index Funds:

1) FXAIX @ Fidelity
2) SWPPX @ Schwab
3) VOO @ any brokerage firm
4) IVV @ any brokerage firm
5) VFINX @ Vanguard

These are made up of the 500 largest US companies

You can buy them within your investment accounts (like Roth IRA, 401k, brokerage)

[Ryan Francis | The Money CEO @themoneyceo]

$100 INVESTED in the US stock market 50 years ago is now worth $11,000

$100 stored under your mattress 50 years ago is now worth $15

If you want to become wealthy, you MUST invest.

[Ryan Francis | The Money CEO @themoneyceo]

EASIEST WAY TO BECOME A MILLIONAIRE:

1) Auto invest $250-$500/month into a low-cost S&P 500 index 📈

2) Repeat for 40 years 🔁

Want more and/or want it faster? Invest more.

Yes, it really is that simple. Most people just don’t invest.