The cost of procrastination is the life you could’ve lived.

If you struggle with procrastination, read this:
1. Use the Pomodoro Technique:

This will help you stay focused and avoid burnout.

It's a time management technique that involves working in focused 25-minute increments, followed by a 5-minute break.

After four cycles, take a longer break of 15-30 minutes. Image
2. Use the "2-Minute Rule":

This will help eliminate small tasks that quickly add up and overwhelm you.

If a task can be done in less than 2 minutes, do it now. Image
3. Eat Your Frog:

It's energizing to get the hard stuff out of the way early.

Do your biggest, hardest task first thing in the morning, while your willpower is highest. Image
4. Use the "5-Second Rule":

This will help you overcome the initial resistance to starting any task.

When you feel the urge to procrastinate, count backward from 5-4-3-2-1, and take immediate action. Image
5. Break Tasks into Smaller Pieces:

One of the main reasons we procrastinate is because a task seems too big and overwhelming.

To make it more manageable, break it down into smaller, more doable parts.

For example, if you have a big project, break it down into steps like researching, outlining, writing, and editing.

This way, you'll feel less overwhelmed and more motivated to get started.Image
6. Use the "Pareto Principle":

This will prioritize tasks and avoid procrastination.

Focus on the top 20% of your tasks that will produce 80% of your results. Image
7. Create a "Not To-Do" list:

This will help free up time and mental energy for more important tasks.

Identify tasks or activities that are not essential or that can be delegated, and stop doing them. Image
The root of procrastination isn't laziness, it's anxiety.

Too many people struggle with procrastination, help them and 🔁 RT this to share it!

Follow me @FluentInFinance for daily tips!

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More from @FluentInFinance

May 13
Age at first $1 Billion:

23, Mark Zuckerberg
31, Bill Gates
32, Taylor Swift
33, Rihanna
35, Jeff Bezos
36, Kim Kardashian
37, Lebron James
38, Beyonce
39, Jay-Z
40, Kanye West
41, Elon Musk
42, Steve Jobs
42, Michael Jordan
52, Warren Buffett

1 important lesson from each:
If you don't find a way to make money while you sleep, you will work until you die.

— Warren Buffett
I can accept failure, everyone fails at something. But I can't accept not trying.

— Michael Jordan
Read 11 tweets
May 11
If you invest, you must understand accounting.

Accounting is the language of business.

Here is everything you need to know:
Accounting is how a company keeps track of its money.

It records where money comes from and where it goes.

Accounting also shows if a company is making a profit or losing money. Image
1. The three main financial statements every investor must understand are:

a. The balance sheet shows a company's financial position at a specific point in time.

It's a snapshot of its assets, liabilities, and equity.

b. The income statement shows a company's revenue and expenses over a specific period of time.

It's a measure of its profitability.

c. The cash flow statement shows the inflows and outflows of cash over a specific period of time.

It's a measure of its liquidity.Image
Read 7 tweets
May 9
YouTube is a free University.

But with over 50 million channels it's hard to find the best ones.

Here are 10 channels that will make you smarter:
1. CrashCourse:

This is a YouTube channel where you can learn almost anything.

They break down complex topics into easy-to-understand lessons, making learning enjoyable.

Their content is thoughtfully researched and presented simply. Image
2. Skillshare:

This YouTube channel is perfect for those looking to learn new skills.

Most classes are under 60 minutes so you can learn new skills quickly.

Skillshare is best for gaining skills you can put into action right away. Image
Read 11 tweets
May 8
Roth IRAs are the most powerful investing account.

It can make you a tax-free millionaire in retirement.

Here is everything you need to know about Roth IRAs:
The Roth IRA limit is $7,000 for 2024.

That's only $135 a week.

If you invest $135 a week into S&P 500 an index fund for 30 years, you'll only spend $210,000 of your own money.

But at retirement, you should have $1,300,000.

This is the power of time and compound interest.
How to become a tax-free millionaire (the lazy way):

1) Invest $11 a day into an S&P 500 index fund in your Roth IRA

2) Wait & let compound interest do all the work

3) In 30 years you should have about $1,000,000

*Historically the S&P 500 has returned about 11% per year on average (or 1,300,000%), over the last 96 years since its inception in 1926 (with dividends reinvested)
Read 12 tweets
May 7
99% of people don't ask good questions at the end of job interviews.

Here are 10 questions I used to get hired by JP Morgan, Goldman Sachs and Citi:
1. Is there anything else I can elaborate on to ensure I’m the best choice?

This open-ended question allows you to seal the deal by addressing any lingering questions, and double down on your unique strengths.

Use this last chance to highlight 1-2 essential skills they need, that you can offer over the other candidates.

This final impression most directly impacts hiring choices.
2. What doubts do you have about my qualifications for this role?

This allows you to respond to any hesitations and remove roadblocks to a job offer.

This flips the script to allow them to present any doubts, allowing you to address any concerns.

Listen closely for hints on where your experience or skills don’t sync with their requirements.

Remind them of your past successes handling similar challenges.
Read 11 tweets
Apr 26
The cost of procrastination is the life you could’ve had.

And the root of procrastination isn't laziness, it's anxiety.

If you suffer from procrastination, read this:
1. Use the Pomodoro Technique:

The Pomodoro Technique is a time management technique that involves working in focused 25-minute increments, followed by a 5-minute break.

After four cycles, take a longer break of 15-30 minutes.

This will help you stay focused and avoid burnout.
2. Use the "2-Minute Rule":

If a task can be done in less than 2 minutes, do it right now.

This helps eliminate small tasks that quickly add up and make you feel overwhelmed.
Read 15 tweets

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