The First Law of Wealth (Gold)
Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.
Wealth comes to those who reserve AT LEAST 10% of their total earnings towards building their future financial independence/fortune.
Pothead Explanation: Start providing yourself and your family with security by paying yourself first, at least 10% of your earnings to be invested in your future.
Out of everything you earn, everything (salary, side hustle, inheritance, online bookie.com, lotto winnings, etc., take no less than 10% every payday/week/month/etc., and put it away, save it to begin and then to continue growing your estate for the future. If you make 1,000 dollars, think I only made 900!!! You find 10 bucks on the street, put 1 away for a rainy day (old age).
Why? Because the best time to plant a tree was 20 years ago. The second-best time is right now!!! So start digging and planting baby!
https://www.facebook.com/capn.baker Join Keith Baker as he takes to FaceBook live this Monday night at 8:30pm CST. Keith will be answering questions about Private Lending both FROM the perspective of the lender and TO the perspective of the borrower. Don’t miss out on this amazingly free session with the THE Private Lender himself! Stay safe and…
6 Signs your borrower may be in trouble 1. Sudden lack or stoppage of regular communication 2. Late payments/returned 3. They ask you if you can lend them “just a little more” 4. You have to chase them for an update 5. They don’t want you visiting the property 6. Talk about changing exit strategies that require you to “stay in…