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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