Dr. Harry Hamann Profile picture
Private Investor / CEO H2 Intel 🚀Learn How To Invest ➡️ https://t.co/d9G5mhaJCx
Dr. Harry Hamann Profile picture 1 subscribed
Apr 28, 2022 9 tweets 3 min read
Your eyes will pop open if you see these numbers in detail. Will be releasing a FREE investing calculator soon (Preview). The point is: if you don't invest systematically, you will be sacrificing time for money for the rest of your life. Image Observations:
1) Conservative assumptions: 8% Returns, $50K Income, 45% Tax, only $8K Investment Contributions. If you optimize these numbers, the outcome can be dramatically optimized.
Apr 22, 2022 8 tweets 5 min read
Personal Finance Basics:
1. Income must be higher than Expenses. You will NOT get wealthy if you do not follow this rule. Even if you earn $10M a year, you must respect the rule otherwise you will go broke.
2. Everyone (!) can do something TODAY to generate more wealth.
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Quick Win: List expenses, identify unnecessary expenses, cut them immediately. Even if you must sacrifice some things, having more spendable capital can give you financial (and emotional) relief.
3. Income is the next lever to pull. Find a way to earn more income.
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