STOP 🛑 BUYING BS 💩 So Called “Black” & Brown People… Respectfully ✊🏽 - We are the Indigenous People of this Land and Earth 🌍 Let’s Act Like It
Melanated (So called “Black” & Brown) People
We MUST spend WAYYYY less money on BS:
1. Designer Clothes Shoes Handbags 👜
Let’s GET RICH 🤑 don’t mean focusing on looking rich 🤑
Why have all these name brands and not have any of the stocks or assets?
We MUST spend WAYYYY less money on BS:
1. Designer Clothes Shoes Handbags 👜
Let’s GET RICH 🤑 don’t mean focusing on looking rich 🤑
Why have all these name brands and not have any of the stocks or assets?
.
2. Excess Travel: Taking private jets 🛩 taking all these trips when we can’t afford them using credit to look good 😌 for social media
Doin it for the Gram or the Book ain’t working
Put that money in Assets that appreciate, Invest and Give
2. Excess Travel: Taking private jets 🛩 taking all these trips when we can’t afford them using credit to look good 😌 for social media
Doin it for the Gram or the Book ain’t working
Put that money in Assets that appreciate, Invest and Give
.
3. Excess Entertainment: Gambling lottery drinking smoking tickets sports concerts Parties etc we spend too much Income entertaining ourselves.
Making somebody else wealthy that usually don’t look like us
Everything in moderation but we know we spend too much on entertainment
Entertainment literally means to detain you so something can enter you question is what are we letting enter us?
Most things we like to get entertained by make us broke and dumb
3. Excess Entertainment: Gambling lottery drinking smoking tickets sports concerts Parties etc we spend too much Income entertaining ourselves.
Making somebody else wealthy that usually don’t look like us
Everything in moderation but we know we spend too much on entertainment
Entertainment literally means to detain you so something can enter you question is what are we letting enter us?
Most things we like to get entertained by make us broke and dumb
.
4. Luxury Cars: No Wealth but keep buying cars to show off for people who don’t know and or love us anyway? No más.
It’s one thing if you built your Wealth and your Wealth pays for and takes care of the cars
But when we’re in the Building Stages of Wealth and we have to Assets, Stocks, ETFs, Real Estate for Income, Gold and Silver, Emergency Fund, Wills, Trusts, Roth IRA, Businesses, Retirement Account and we have Credit Card 💳 debt 💸 we trippin 🤷🏽♂️
That’s hustling backwards
4. Luxury Cars: No Wealth but keep buying cars to show off for people who don’t know and or love us anyway? No más.
It’s one thing if you built your Wealth and your Wealth pays for and takes care of the cars
But when we’re in the Building Stages of Wealth and we have to Assets, Stocks, ETFs, Real Estate for Income, Gold and Silver, Emergency Fund, Wills, Trusts, Roth IRA, Businesses, Retirement Account and we have Credit Card 💳 debt 💸 we trippin 🤷🏽♂️
That’s hustling backwards
.
5. Too much House 🏡
It’s a liability or a dead asset if we’re just living in it
Why be “house poor” keepin up with the Joneses and the Tanners? We don’t all need 3000-5000+ square feet homes 🏡
especially when it’s taking up 40-60% of our NET take home pay to service the debt
We’re spending WAYYYY more than other groups on housing
May need to downsize put the money in assets then upgrade
Too much house 🏡 is a dead ☠️ Asset unless you’re using it to Airbnb VRBO or Rent Out and make money off of it but most of us just showin off.
• Fam… Collectively:
We ONLY control 3% of the Wealth in the Nation 400 years later
We have several Billionaires now & more multimillionaires than we’ve had the last 50-100 years since the Black WallStreet days so once we unify it’s game over
We spent almost $2 Trillion in 2024 we spend the most based on our size of any other group
Our spending habits are at the top and our wealth habits are at the bottom of the food chain
No more Hustling Backwards
Let’s INVEST AND GIVE more instead of spending only or spending and tryna save what’s leftover 💯
5. Too much House 🏡
It’s a liability or a dead asset if we’re just living in it
Why be “house poor” keepin up with the Joneses and the Tanners? We don’t all need 3000-5000+ square feet homes 🏡
especially when it’s taking up 40-60% of our NET take home pay to service the debt
We’re spending WAYYYY more than other groups on housing
May need to downsize put the money in assets then upgrade
Too much house 🏡 is a dead ☠️ Asset unless you’re using it to Airbnb VRBO or Rent Out and make money off of it but most of us just showin off.
• Fam… Collectively:
We ONLY control 3% of the Wealth in the Nation 400 years later
We have several Billionaires now & more multimillionaires than we’ve had the last 50-100 years since the Black WallStreet days so once we unify it’s game over
We spent almost $2 Trillion in 2024 we spend the most based on our size of any other group
Our spending habits are at the top and our wealth habits are at the bottom of the food chain
No more Hustling Backwards
Let’s INVEST AND GIVE more instead of spending only or spending and tryna save what’s leftover 💯
Wanna go fast 💨 go alone . Wanna go FAR… go together 🤝
Let’s Put in the work - work smarter not just harder
Key 🔑 Aspects of Financial Freedom:
1. Budgeting and Planning: Effective budgeting helps you track your income and expenses, enabling you to allocate funds toward savings, investments, and discretionary spending.
2. Debt Management: Financial freedom involves managing and reducing debt. This includes understanding the difference between good debt (like mortgages or student loans) and bad debt (like high-interest credit cards) and developing a plan to pay off high-interest debts.
3. Emergency Fund: Building an emergency fund that covers 3-6 months' worth of living expenses provides a financial cushion for unexpected events, such as medical emergencies or job loss.
4. Investing: Investing your money wisely can help grow your wealth over time. This can include stocks, bonds, mutual funds, real estate, or other investment vehicles that align with your financial goals.
5. Multiple Income Streams: Diversifying your income sources, such as side hustles, rental properties, or investments, can provide additional financial security and accelerate your journey to financial freedom.
Independence is the goal
Freedom > stuff
Do these 7 things & you’ll level up
1. Build your Assets over time, Create some Net worth (Gold and Silver, Stocks, Real Estate, Businesses)
2. Stay out of Bad Debt - Leverage Good Debt (Debt that you use to pay you monthly)
3. Live on a Plan - Live on less than what you make
4. Save & Invest
Have:
5. Discipline
6. Patience
7. Consistence
#CoachDonnie
#GenerationalWealth
1. Budgeting and Planning: Effective budgeting helps you track your income and expenses, enabling you to allocate funds toward savings, investments, and discretionary spending.
2. Debt Management: Financial freedom involves managing and reducing debt. This includes understanding the difference between good debt (like mortgages or student loans) and bad debt (like high-interest credit cards) and developing a plan to pay off high-interest debts.
3. Emergency Fund: Building an emergency fund that covers 3-6 months' worth of living expenses provides a financial cushion for unexpected events, such as medical emergencies or job loss.
4. Investing: Investing your money wisely can help grow your wealth over time. This can include stocks, bonds, mutual funds, real estate, or other investment vehicles that align with your financial goals.
5. Multiple Income Streams: Diversifying your income sources, such as side hustles, rental properties, or investments, can provide additional financial security and accelerate your journey to financial freedom.
Independence is the goal
Freedom > stuff
Do these 7 things & you’ll level up
1. Build your Assets over time, Create some Net worth (Gold and Silver, Stocks, Real Estate, Businesses)
2. Stay out of Bad Debt - Leverage Good Debt (Debt that you use to pay you monthly)
3. Live on a Plan - Live on less than what you make
4. Save & Invest
Have:
5. Discipline
6. Patience
7. Consistence
#CoachDonnie
#GenerationalWealth
INVEST: get some $NVIDIA (NVDA.US)$ $SPDR Portfolio S&P 500 ETF (SPLG.US)$ $Fidelity Covington Trust Msci Information Technology Index Etf (FTEC.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $Palantir (PLTR.US)$ $Constellation Energy (CEG.US)$ $MicroStrategy (MSTR.US)$ $Ethereum (ETH.CC)$ $Bitcoin (BTC.CC)$ $Fidelity Covington Trust Msci Health Care Index Etf (FHLC.US)$ $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Alphabet-A (GOOGL.US)$ $Sirius XM (SIRI.US)$ Physical Gold and Silver, Real Estate for Income (Rentals), Multifamily Quads, etc
#CoachDonnie #GenerationalWealth
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Coach Donnie OP : Wanna go fast go alone
Wanna go FAR… go together
Coach Donnie OP : Let’s Put in the work - work smarter not just harder
Do these 7 things & you’ll level up
1. Build your Assets over time, Create some Net worth (Gold and Silver, Stocks, Real Estate, Businesses)
2. Stay out of Bad Debt - Leverage Good Debt (Debt that you use to pay you monthly)
3. Live on a Plan - Live on less than what you make
4. Save & Invest
Have:
5. Discipline
6. Patience
7. Consistence
#CoachDonnie
#GenerationalWealth
Coach Donnie OP : We have 22-25 million millionaires in the USA
But we have 350-400 million people in the USA
Are you next?
Coach Donnie OP : Key Aspects of Financial Freedom:
1. Budgeting and Planning: Effective budgeting helps you track your income and expenses, enabling you to allocate funds toward savings, investments, and discretionary spending.
2. Debt Management: Financial freedom involves managing and reducing debt. This includes understanding the difference between good debt (like mortgages or student loans) and bad debt (like high-interest credit cards) and developing a plan to pay off high-interest debts.
3. Emergency Fund: Building an emergency fund that covers 3-6 months' worth of living expenses provides a financial cushion for unexpected events, such as medical emergencies or job loss.
4. Investing: Investing your money wisely can help grow your wealth over time. This can include stocks, bonds, mutual funds, real estate, or other investment vehicles that align with your financial goals.
5. Multiple Income Streams: Diversifying your income sources, such as side hustles, rental properties, or investments, can provide additional financial security and accelerate your journey to financial freedom.
Independence is the goal
Freedom > stuff
#CoachDonnie
Coach Donnie OP : Time In the Market Beats Timin the Market
Even a stopped clock is right twice a day
thetime_1998 : That why I always associate with people who are smarter than I'm, who can teach me something. Everything in your statement is true, been at this investing game for along . I hope people wake up stop robbing and stealing from each other and work together to get in this game of investing , they would realize the opportunities of profit.
thetime_1998 : Yes
Coach Donnie OP thetime_1998 : Exactly Sir well said
Coach Donnie OP thetime_1998 : Practical Wisdom.
Coach Donnie OP thetime_1998 : Once I started associating with high level people and more importantly increased my Faith: my Life changed for the better.
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