Kenny | Accent Investing Profile picture
I will teach you how to manage money and be financially literate. I share insights on finance and wealth. Level up with me. DMs are open.
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May 5 13 tweets 3 min read
10 Golden Rules On Money

// A THREAD // Rule 1

It is crucial to learn how to manage the biggest of all drugs, money.

The lack of that powerful substance or its overdose can seriously damage you emotionally and financially.

The only way to manage money is to become financially literate.
May 3 14 tweets 3 min read
Life Lessons I've Learned Living in Poverty.

// A THREAD // I'm from one of the poorest countries on earth where the average income is less than $800/year.

My dad didn't get paid regularly and wasn't paid for 6 months at a time.

We ate once a day and walked miles to go to school.

These are things that will make you think differently.
Apr 19 13 tweets 3 min read
10 Smart Purchases To Make in Your 20s.

// A THREAD // 1. New Experiences

Whether it is to go to the beach with loved ones or travel to a new country, new experiences have no price tag.

Investing in these experiences contributes to your personal growth and makes you a well-rounded individual.
Apr 7 13 tweets 3 min read
10 Financial Lessons To Be Taught In Schools

// A THREAD // 1. Compound Interest

The sooner you learn about compound interest, the more inclined you will invest.

Understanding the power of your dollar at a young age can be the best decision of your life.

Many will benefit by just understanding this simple concept. Image
Apr 5 14 tweets 3 min read
11 Money Lessons Parents Should Teach Their Kids

// A THREAD // 1. You Need Money To Buy Things

Children see us buying things for them, but they do not understand how we earn money.

It is crucial for them to make a connection.

Make sure they don’t think that we’re buying things with a magic wand.
Mar 31 13 tweets 3 min read
10 Dumbest Purchases People Make in Their Young Age.

// A THREAD // 1. Eating out/Take out

50 million Americans order takeout daily. It is convenient to eat out or pick up take out.

Restaurants have around a 300% mark-up on their food.

$20 here and there will become a big amount.
Mar 28 15 tweets 3 min read
12 Reasons Why Real Estate is A Great Investment

// A THREAD // 1. Store of Value

Real Estate is a hedge against inflation, a hard asset, and a safe investment.

It rarely goes down and even then it’s only for short periods of time.

It is no wonder that 90% of the world's millionaires have been created by investing in real estate.
Mar 23 16 tweets 3 min read
13 Money Traps To Avoid In Your 30s.

// A THREAD // 1. Your partner

Your partner can either break you or make you.

If you want to please your partner only by spending on wants, you will end up being broke.

Find a partner with whom you share a common vision.

A person of high morals who doesn't value the superficial.
Mar 21 13 tweets 3 min read
10 Steps You Can Take To Build Wealth

// A THREAD // 1. Invest in yourself

You are the greatest project of your life. Investing in your education should be the priority.

The knowledge acquired will allow you to build wealth and acquire more assets.

Many people don't get educated and lose because of a lack of proper knowledge.
Mar 16 16 tweets 4 min read
I Grew Up Poor, but Poverty and I Will Never Cross Paths Again.

How To Build Wealth Coming From Nothing.

// A THREAD // 1. Sacrifice

Success requires sacrifice.

I left my family 9 years ago. I can't recall the last Christmas with them.

I gave up years for a better future. Someone had to pay for it.

This is the reason I build wealth and pursue financial freedom.
Mar 14 13 tweets 3 min read
These are 10 Ways You Can Build Wealth With Your 9-5

// A THREAD // Image 1. Be Proactive

You may be excellent at work, but if your efforts go unnoticed, it hinders your growth.

Showcase your skills and competencies to your bosses and co-workers.

Taking on more responsibility to build a positive image in the mind of decision-makers.
Mar 10 15 tweets 3 min read
12 Signs Showing That You Are Smart With Money

// A THREAD // 1. Financially Literate

Ignorance is very costly.

There are people with huge salaries but who are not familiar with basic financial concepts and still live paycheck to paycheck.

Being familiar with basic financial concepts can be a difference-maker in life.
Mar 9 13 tweets 3 min read
10 Steps That I Took to Stop Living Paycheck to Paycheck

// A THREAD // 1. Find your “why.”

There must be a strong reason to change your life.

Are you saving toward a down payment on a car or on a house?

You must have a purpose that will push toward the big change you are looking for in your life.

Without a purpose, your finances won't change.
Mar 8 14 tweets 3 min read
You lost thousands of dollars stock picking and still have no clue how to invest.

Here are 10 Reasons You Should Invest in Index Funds.

// A THREAD // Image 1. Diversification

Diversification refers to the ability to invest in a way that reduces your risk.

- Hold thousands of companies
- Risk of loss is reduced
- Invest in different sectors and countries
Mar 2 17 tweets 6 min read
15 Books You Should Read in Your Lifetime : The Psychology of Money by Morgan Housel

Lessons:

- Being good with money has more to do with behaviors, not just intelligence

- Money gives you time and freedom Image
Feb 23 14 tweets 6 min read
10 Lessons From The Almanack of Naval Ravikant.

A book by @naval

// A THREAD // @naval 1. Wealth Creation

Becoming wealthy is a learnable skill.

Creating wealth is more important than a status symbol.

Money is a tool that you exchange for products and services.

To create wealth, provide value to society.

Something society needs, but it doesn't know it yet.
Feb 16 16 tweets 4 min read
You only use your money to satisfy your urges and impress people.

These are the 12 Ways To Think About Money Differently.

// A THREAD // 1. A tool That Allows you to Move Value Across Space And Time

A car takes you from point A to B.

Money serves the same purpose.

You extract value at your job; you transport that value to a different place at a different time.

Money takes you anywhere if you’re a good driver.
Feb 14 16 tweets 4 min read
Your finances are out of control.

Here are The 12 Things You Are Overspending On.

// A THREAD // 1. Owning and Driving Fancy Cars

You think that you have a certain status driving fancy cars.

No one is impressed by your possessions.

A car is just a means of transportation and costs you more than you realize.

Paying $1K/mo or more towards a car is a waste of money.
Feb 12 16 tweets 4 min read
12 Valuable Tips for Beginner Investors.

// A THREAD // 1. Fix Your Personal Finances

There is no way to build wealth when you are not in good financial health.

Take care of your finances before you can jump into other projects.

You need to :

- Create an emergency fund
- Pay off bad debt
- Earn more
- Live below your means
Feb 11 15 tweets 4 min read
12 Signs that You Are Not Ready To Become Rich.

// A THREAD // Image 1. You Need Others To Motivate You

Your life is your own responsibility.

Cultivate great habits that will carry you even when there is no motivation.

If you constantly need someone to push you to better your life, you are not ready to be successful.
Feb 10 16 tweets 4 min read
You want to be a millionaire, but you have no idea how to do it.

Here are the 13 Habits of Millionaires.

// A THREAD // 1. Budget

When you do not track your expenses, you will always have money issues.

A budget is a tool that shows where your money goes and where your priorities are.

As a result, you become more intentional about your spending habits.