Advice on money : Not what you earn it what you keep !

Advice I learned about $$

Let’s say you make $10,000 a month.

That’s only $120k a Year.

Let’s put 30% aside for Taxes.

That leaves you with $84,000.

Now let’s say you’re feeling RICH ‘cause you’re a 6 figure earner now, right?

So you go and buy yourself a Penthouse condo for $5,000 a month.

That’s $60,000 a Year.

Leaving you with $24,000 left.

But wait.

You’re Rich.

So you GOTTA get yourself a nice ass whip.

A Benz or a Lambo Truck. Something lit.

Let’s say that’s $500/month with good Credit plus throw in another $300 a month for insurance.

$800/Month for your whip.

That’s almost $10,000 a Year.

Leaving you with $14,000 remaining.

Throw in Food. Entertainment. Travels & Other bills such as Phone. Internet. Etc etc etc.

That’s gonna leave you with absolutely no savings left at the end of the year whatsoever.

So Moral of the Story?

It doesn’t matter how much Money you make.

KEEPING your money is key.

Having your money work for you is key

Understanding that trading time for money is not the answer

Understanding that consumerism is not the answer

Understanding that losing the immediate gratification mindset will work immensely in your favor

Don’t live life to impress people on Social Media.

Stack your bread and act broke until you’re ACTUALLY Rich.

THEN go treat yourself if you want to.

motivation #money #success