Cori Arnold Profile picture
May 5 11 tweets 4 min read Twitter logo Read on Twitter
Excel is one of the best personal finance tools.

Below are 7 templates to improve your money: Image
1. Budgeting Template

- see the gap between income & expenses
- find out where your money goes
- be more prepared Image
2. Debt Tracker

- see how much interest you're paying
- create your pay-off strategy
- watch your progress Image
3. Debt Amortization

- calculate time to pay off debt
- run multiple payment scenarios
- run multiple interest scenarios Image
4. Spending Tracker

- realize small expenses add up
- find out if what you think is accurate
- gain awareness to decrease spending Image
5. Compounding Scenarios

- see the impact of your contributions
- realize the power of compounding
- view multiple rates of return Image
6. Net Worth Tracker

- see compounding firsthand
- watch the impact of your behavior
- gain motivation through your progress Image
7. Retirement Calculator

- plan your future
- realize retirement isn't an age
- estimate how much you need to retire Image
Get all 7 templates as well as a deep dive into:

- how to pay off debt
- how to see money differently
- how to invest to become wealthy

udemy.com/course/win-wit…
If you enjoyed this thread:

1. Follow me @iamcoriarnold for more of these
2. RT the first tweet to share this thread with your audience
Ready to take control of your money?
- pay off debt
- invest

Start with this free e-book:

iamcoriarnold.gumroad.com/l/ebook

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More from @iamcoriarnold

May 6
I wish I hadn't avoided my money for so long.

I could have been a millionaire sooner.

Discover the 4 emotional stages of money below:
1. Avoidance

This is where I was in my 20's.
I was doing well in my career.
I was getting my MBA part-time.

My net worth was negative 6 figures.

If you're not opening bills or avoid talking to people about money, you're avoiding your money.

Avoidance doesn't solve problems.
2. Turning Point

This is the point you get mad or frustrated at your behavior.

You're finally fed up with it and are determined to change.

This might feel like the bottom, but it's actually the beginning.

You make a promise to yourself that you are going to change.
Read 7 tweets
May 4
Although the majority of my investment portfolio is in index funds, I set aside around 5% of my investments for one-off opportunities.

$META is a stock I was looking at. Image
Over the last few months, every time I checked my Prospero app, I noticed $META was in the long-term list. Image
Prospero was giving many hints that $META was a good long-term investment, showing a score of 100 for the upside breakout. Image
Read 6 tweets
May 3
I went from -$99K net worth to millionaire in 10 years.

Here are 7 changes I made to make this possible:
1. I changed how I saw the world

Old me:
- focused on lifestyle
- wanted an exotic car
- worried about image

New me:
- loves my life
- lives in a modest house
- enjoys the simple things
2. I changed my beliefs

Old me believed:
- confidence depended on results
- more stuff made me more important
- happiness depended on accomplishments

New me believes:
- self-care is vital
- my mindset is the key
- investments make me wealthy
Read 10 tweets
May 2
I binged "How to get Rich" with @ramit on Netflix this weekend.

Here are 7 take aways to get your rich life: Image
1. Avoidance gets you no where

If you have a stack of unopened bills, it's time to face them.

Uncertainty causes more stress than knowing.

Open them.
2. Run your numbers

Paying hundreds of dollars every month for a storage unit for stuff that isn't worth much is wasting your dollars.

Get conscious about your spending:
- late fees
- storage units
- gym memberships

Make sure you're getting real value from your spending.
Read 10 tweets
May 1
When you're consistent & patient, results happen.

My net worth:
Age 31 = -$99K
Age 32 = -$62K
Age 33 = -$48K
Age 34 = +$8K
Age 35 = +$78K
Age 36 = +$172K
Age 37 =+$330K
Age 38 = +$416K
Age 39 = +$670K
Age 40 = +$904K
Age 41 = +$1M

Find out the exact actions I took below:
Age 32 = -$62

Listed all my debts.
Tracked my spending.
Bought a fixer-upper for $49K.
Renovated the property.
Worked part-time job on weekends.
Calculated my annual interest expense.
Age 33 = -$48K

Created a plan to minimize interest.
Consolidated high-interest credit cards.
Refinanced my house & car.
Got promoted at 9-5.
Tracked my spending & debt.
Continued part-time work on weekends.
Read 11 tweets
Apr 30
If you're struggling to escape the paycheck to paycheck cycle, read below:
1. Reflect on how you got here

What habits/events drove you to this point?

- lost your job
- like to spend
- have a lot of debt
- bought too much house
- don't make much income

There are so many reasons we find ourselves here, and you are not alone.
2. Analyze your beliefs

Do you think your current circumstances are permanent?

Change is the only constant.

You're not destined to live this way forever.
Read 11 tweets

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