Discover and read the best of Twitter Threads about #wealthbuilding

Most recents (7)

Here are some key takeaways that can help you better understand your relationship with #money from "The Psychology of Money" by Morgan Housel @morganhousel #RichQUACK $QUACK #Psychologyofmoney

THREAD 🧵👇 Image
1. Wealth is what you don’t see: Wealth is the assets you accumulate that nobody else can see. It’s the cars not purchased, the clothes not bought, and the vacations not taken. #ThePsychologyofMoney #Wealth #Savings $QUACK
2. Compounding is the most powerful force in finance: Time and patience are the most important ingredients of compound interest. Understanding the power of compound interest is essential for building long-term wealth. #CompoundInterest #WealthBuilding $QUACK
Read 15 tweets
Want to build wealth? Start by following these 7 secrets. Read Thread 🧵:

#wealth #investing $QUACK #RichQUACK #Crypto
1/7 Secret to wealth: Start early. The earlier you start saving and investing, the more time your money has to grow.

$QUACK
2/7 Secret to wealth: Live below your means. Spend less than you earn and invest the difference.

$QUACK
Read 9 tweets
#RichDadPoorDad is a classic personal finance book that teaches valuable lessons about money and wealth. Here are ten key takeaways from the book:

The importance of financial #education - Understanding how money works is crucial for building wealth.
The power of owning #assets - It's not about how much you earn, it's about how much you own.
The dangers of #debt - Debt can be a powerful tool, but it can also be a trap if not managed properly.
Read 10 tweets
Lets make your crypto work for you.

I’m going to tell you how you can Passively earn crypto while you sleep.

We’re going to talk about crypto savings accounts with high APY (annual percentage yield). This is beginner-ish friendly.

#learncrypto #wealthbuilding #DeFi
When we’re talking about APY, we are talking about savings accounts that pay you to let your money sit in the account.

First, it’s important to understand what is APY? I LOVE this definition from @Kasasa
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Lets put this into perspective:

Wells Fargo (Traditional bank) offers 0.01% APY

Ally Bank (online bank) offers 0.4% APY

@OutletFinance (crypto company) offers up to 9% APY

Those percentages represent a large difference of what you could earn on your balance

Dollars>cents ImageImage
Read 19 tweets
#financialliteracy #wealthbuilding

How Can You Get Access to Capital?

Where 20 years ago, 70-90% of all initial public offerings were raising $50M or less, today only 30-40% of companies go public at that stage.
A major reason being, there is a lack of developed exchanges that are creating new listings of that size. This major change in our capital markets has left many companies without a transparent, safe marketplace to get liquidity and expand.
In our next webinar, we will be discussing this and what solution is coming for this very problem.
Dream Exchange

Dream Exchange is creating the first black-owned national stock exchange as well as the first ever venture stock exchange.
Read 6 tweets
@CleCityCouncil discusses history-making 541 million dollar stimulus (Part I)

Hi, I'm Teela! I will be tweeting last week’s Committee of the Whole meeting Tues 4/6 for #CLEDocumenters @CLEDocumenters @NeighborUpCLE

👀THIS IS ONE TO WATCH!! 👀
Cleveland slated to receive half of the .5 billion dollars between May 10 - May 15 after President Joe Biden signed 1.9 trillion dollar economic stimulus
whitehouse.gov/american-rescu…
@kevinkelleyCLE: There is no formal agenda, this is a conversation among ourselves to discuss our ideas and priorities. Money MUST be spent by 2024. Official guidelines will be available in two weeks.
Read 23 tweets
So first I'll disclose to be absolutely transparent. For the handful of my twitter peeps that personally know me, y'all already know that I have a million jobs. I always have and I'm not sure if or when that will change. At this point I'm convinced its just a part of who I am 🤷🏾‍♀️
I started working at 14 and have worked consistently since. It hasn't always been traditional work but it was important to me to stay busy and have multiple streams of income to support my expensive shopping habits and later as a young adult to SAVE.
Read 20 tweets

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