Thread by @AskTheGiver

Want to Become Wealthy?

Follow these 11 wealth-building rules and you’ll be well on your way.

~ Thread ~

1. STOP TRYING TO IMPRESS YOUR FRIENDS ❌

An expensive car,
designer clothes
and $200 dinners

ARE STOPPING YOU FROM BECOMING WEALTHY.

- Buy quality
- Buy only what you need
- Start investing the rest

In 10-15 years you’ll be able to buy whatever the hell you want.

2. GET A BETTER JOB 📰

Working at McDonald’s and Taco Bell isn’t going to benefit you.

- The pay is low
- The networking sucks
- You aren’t learning the right skills

There are ENTRY-level positions that offer MUCH better opportunities

(cont..)

At 15 I worked at a high-end restaurant making more than minimum wage.

At 16 I started serving tables making $50-$100/day

At 19 I started selling cars, made $60,000 my first year, and over $80,000 my second year.

GO WHERE THE MONEY IS.
LOOK FOR OPPORTUNITIES.

#3 - START INVESTING EARLY 📈

Look..

The sooner you start investing, the sooner you’ll become a millionaire.

You don’t need to make a ton of money..

And there’s no single “right” way to do it..

• Buy great companies
• Hold for the long term
• Invest in ETFs

Here’s who I’d follow for investment advice:

- @StockDweebs
- @ParrotStock
- @FI_Squirrel
- @InvestorsTheory
- @TheJoyfulTrader
- @thewealthdad
- @TheAlphaThought
- @DivCultivator
- @BusinessFamous

These people will get you started.

Go invest $100 after reading this..

#4 - BUILD YOUR CREDIT ✅

Poor credit vs excellent credit is the difference between paying:

$200/mth for a $10,000 vehicle
or $450/mth for the same damn car.

That extra $250/mth you save from having good credit can turn into THOUSANDS down the road..

(Here’s my advice) 👇

A.) Only use your card when you ALREADY have the money to pay it off

B.) Put gas & groceries on the card. You’ll buy these either way. Might as well build your credit.

C.) Set up auto-pay. This will allow you to never miss a payment.

I had a 770 score at 21 because of this.

#5 - START A SIDE-HUSTLE 💰

The quickest way to get a raise..

Is to GIVE YOURSELF A RAISE.

- Flipping
- eCommerce
- Affiliate Marketing
- Website Development

It doesn’t matter what it is.

It’s not hard to make an extra $1000-$2000/mth on the side.

(Here’s my recommendation)

Take @blackhatwizardd’s Email Course and learn to make $10,000/mth SENDING EMAILS.

He teaches everything step-by-step here: gumroad.com/a/567678067 (aff)

You’ll hate how easy this can be.

#6 - CONNECT WITH WEALTHY PEOPLE 👔

You know how you can shortcut success?

By learning from people 10 years ahead of you.

- Befriend them
- Study their habits
- AND NEVER WASTE THEIR TIME

Join our community here to shortcut YOUR success 👇 gumroad.com/a/198440051/gK…

#7 - INVEST IN YOURSELF

- Books
- Courses
- Coaches
- Mentorships

All of these things MINIMIZE the time it takes for you to become successful.

But ONLY if you take action on their information.

(cont..)

I charge $499 for a 30 days mentorship on Twitter and Affiliate Marketing..

To some..

- That’s expensive.

To others..

- That’s cheap knowing they’ll be left with a skill that can make them THOUSANDS.

Don’t be scared to invest in yourself.

#8 - ASK FOR MORE 🗣

Something I learned from @SteveOnSpeed is to always push for more..

- Demand raises
- Job hop for better opportunities
- Never settle for your current situation

Working the same job for 5+ years is stupid.

Moving up quickly in a company is a wealth hack.

I was making 6 figures at 21 because I was:

- great at my job
- and I made friends with the higher ups

My boss WANTED me to get promoted.

Nobody cares how old you are.

Be good at your job and show interest in moving up.

#9 - DON’T RUSH TO MOVE OUT ⏳

Young people have this thing where they want to move out as soon as they turn 18..

They want to be “independent”..

Look..

I understand that, but you could be making a huge financial mistake.

(Here’s an example) 👇

Let’s say rent is $1100/mth..

$1100/mth from age 18-21 = $39,600

Live with your parents for a few years and stack that money away.

How many 21yr olds do you know with over $40,000 in their account?

Wait until you have MORE than enough cash flow to move out.

#10 - NEVER BUY TOO MUCH HOUSE 🏡

You know one of the biggest mistakes 90% of people make?

- They get approved for a $250,000 house and they GET a $250,000 house.

Just because you get approved for a certain amount doesn’t mean you need to finance that same amount.

(cont..)

- Buy something that needs a little work and fix it up yourself.

- Don’t go housebroke (you can’t become wealthy if you have no $$ to invest)

- Consider getting a duplex before getting your first house.

(Read “Investing in Duplexes, Triplexes, & Quads” by Larry Loftis) 📚

#11 - BE PATIENT 🙏

A.) Focus on building winning habits

B.) Be consistent with your investments

C.) Have a long-term mindset

You can become a millionaire by 30.

You can become a millionaire by 25.

Just follow everything I’ve said in this thread, and stick to it.

Thank you so much for reading.

I wish you luck in your wealth-building journey.

DMs are always open.

Please throw the thread a RT if you enjoyed.

Much love,

- TG ❤️