08/27/2024
🚨🚨SOME LESSONS ON FINANCES 👀
1. Must have EMERGENCY FUND🤑 - enough for 6 months of expenses/current lifestyle.
2. SAVE MONEY 💵 and MONEY WILL SAVE YOU😅. Don't save what is left after spending. Only spend what is left after saving.
3. Best to have ZERO👌 DEBT, if you can't pay cash, you CAN'T AFFORD it, nothing beats PEACE ☮️ OF MIND.
4. Avoid unnecessary spendings🚫, forget sale price🚫, everything is 100% off when you don't buy it ‼️Don't waste your money on things that you don't need, even if they are cheap. EVERY CENT COUNTS🪙.
5. Learn to BUDGET - it is telling your money where to go 👏instead of wondering where it went💸!
6. If we buy 🧾things that we don't need, we will have to SELL 🏷️THINGS THAT WE NEED.
7. PRETENDING 🥸TO BE RICH can make us poor. Must learn to live below ⬇️ our MEANS. Don't go broke trying to look 👀 rich.
ACT YOUR WAGE and PAY YOUR TAXES🧾. Get you an experienced Tax Pro to help lower your liability and increase your refunds.
8. MONEY IS NOT EVERYTHING, but we cannot deny the fact that we NEED money for our FAMILY🧑🧑🧒🧒.
9. Always have a BACK-UP PLAN🧐💭 for life's uncertainties.
Start having your personal LIFE INSURANCE 📑with INVESTMENT📈.
10. Let's break the TOXIC FAMILY CULTURE about
FINANCES. Your children are not 🚫your retirement fund, and your parents are not🚫 your emergency fund‼️💯💪🏽
