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Re: What are your money goals?
 

It was at this point, that I realized we've read the same book.

Re: What are your money goals?
 

Make enough money to change the world. Sometimes you just have to be a consultant who makes other people rich and you get a kickback. My friend just told me he would have given me 10% of his $1 million investment in bitcoin if I kicked him in the ass to invest in bitcoin in May when I kept sending him prices for BTC & Eth every day. Try not to set a limit on the amount of wealth you'd like to make. Once it starts rolling in, you'll keep increasing your net worth through leveraged investments.

Re: What are your money goals?
 

Hmm, I never read a book on finding happiness and balancing life.. it just came to me?

Before I would say a balance between Health, Wealth and Relationships is what makes us happy. If you're not balanced in any of these than you're not truly happy.

Fitness, Family, Finance is the same thing.

Re: What are your money goals?
 

It's about wealth. You even said it in the same order as in the book. :lol:

And your subscription-based businesses is also one subject covered in the book, which also made me think about it. Hell, maybe he copied you! :)

Re: What are your money goals?
 

Which book ?

Re: What are your money goals?
 

The ability to live comfortably financially. Lifestyle over income

Re: What are your money goals?
 

I want to make my first million by the time I hit 30 years old. Very daunting and nearly impossible task. the average millionaire is 62 years old.

I want a million dollars real badly because of the sheer purchasing power that comes from it....I know how to make easily 4-5 figure sums from just investing the money without having to really work like a regular 9-5 through technology means that is.......

The more money you have the more access you have that the other 90% of people on earth don't have so you can take serious advantage of opportunities that others only wished they can do.

In my opnion, its easy to stay rich once your rich.......it takes money to make money.......poor get poorer...rich get richer....

Re: What are your money goals?
 

So many things wrong with your statement. I'll leave you with two things to think about...

1. If money comes in quick without hard work, your bound to spend it recklessly. Whereas if its through hard work and perseverance, you're more likely to cherish it.

2. Nope, not easy to stay rich once your rich, not at all. Just Google UK Footballers, or the many other businessmen / women who lost it all.

;)

Re: What are your money goals?
 

their is some truth to your statement, i have read stories of many athletes who became rich very quickly and lost it all because they did not have any type of financial education........

I would not classify myself being in the same category as them because I actually went to college and finished with a degree in both accounting/finance. I have a pretty good idea of how to turn a certain amount of money into more money.

Conventional sense from what i read a few days ago last year in 2017 the richest 1% took 82% of the wealth created in 2017. the other 99% took the remaining 18% of wealth created.

Which means that you can clearly see that the richest 1% has an incredible amount of control over our economy versus the poor.

Re: What are your money goals?
 

A million dollars is a good starting point but definitely not enough these days to just live off of - well...reasonably speaking if you want house, car, etc - maybe with solid investing and high ROI

Re: What are your money goals?
 

Lets say you become the richest person in the world. Out of curiosity how will you spend this wealth? bear in mind you'll probably have the same number of jeans/trousers as the average person, I mean it's not as though rich people buy more of the same items.

If it's not that, but rather just watching the number of decimal points on your bank statement increase, then that seems pretty fruitless. :confused:

P.S. with the greatest respect, your degree means little when it comes to investments and turning money into more money. One wrong *emotional* decision could leave you devastated. That's paraphrased from a successful investor.

Re: What are your money goals?
 

Money isn't everything.

Earn enough for what you need and be grateful for that.

Anything else is a bonus.

Never neglect your physical and mental health in the pursuit of money.

I have been there and it has taken me YEARS to turn things around.

It quite literally nearly destroyed me.

With the help of this forum this turn around has been made possible.

Re: What are your money goals?
 

Jokes :)

Health is key, agree

Re: What are your money goals?
 

I believe a million dollars is a good starting point as well, I believe its really easy to make millions more once you get that first million.

its incredibly difficult to turn $5000 dollars into 5 million versus turning 1 million into 5 million.

Its sad when i saw the stats that 90% of people have $10k or less in their bank account. That means for every 10 people you meet 9 of them have 10k or less in their bank account.
Average millionaire is 62 years old. People who become millionaires in their 20s or 30s have a 1% chance.

It is pretty funny though because i would be a part of that 1 in 10. I have over 6 figures in my bank account hehe. :d

Re: What are your money goals?
 

I have questioned my degree after I graduated and the worth of it.......i first thought it was worthless..but I asked myself would you have gotten into doing what you do now when you were in high school? The answer was no.

Now their are outliers like bill gates, and mark zuckerberg who basically grew up in a privileged society surrounded by rich people to begin with that decided to drop out of harvard and make billions. Those people kind of already grew up in an environment that had them thinking at a young age about running businesses and companies.

I have relatives that only have a high school degree no college....they are just regular admin assistants at a job in california making 13 bucks an hour which is almost equivalent to minimum wage considering the cost of living.

Re: What are your money goals?
 

Invest those 6 figures - bank account sitting is "meh" kind of action :)

Re: What are your money goals?
 

I am holding onto my money closely and going through certain ideas to reinvest my money to make the highest returns with as little to no work involved. I am incredibly picky over what I put my money into. :coffee:

Re: What are your money goals?
 

I turned $1000 my parents gave me into a six figure business within three years, which turned into a much...larger business. I graduated high school at 16, started my own business at 17, and have been growing and adding businesses every few months. I’m in the minority with this though. No college, just my own time, research and dedication to making money.

Now I can sit around in goofy T-shirt’s and watch Law & Order marathons to my hearts content while automating my business.

I do want to make a tad more money, just so I can either buy some franchises or expand my online marketplaces to my own venues to the point I am completely independent of places like eBay and Etsy.

:bird:

Re: What are your money goals?
 

Money goal for 2018 is to stop spending so much money on PORN.

Re: What are your money goals?
 

My goal is to make enough money so I can pay porn actresses and start my own porn website. Got quite some fancy ideas about the content already.

@Yotano211 you an use the coupon code "deepin2018" on my porn website once it's up, to get 20% off.

Re: What are your money goals?
 

@yotano @dachilla good job taking the convo to the dumps :pout:

Re: What are your money goals?
 

Hey, give me 50% off ok?