Building Wealth vs Being Rich: The Difference
I've recently picked up 2 easy reads (Psychology of Money by Morgan Housel) and (I'll Teach You to Be Rich by Ramit Sethi), the former being much more of a favorite. Give or take that these are timeless books, the principles described were very basic and so logical yet it's barely practiced among many.
- Passive Compounding
- Saving More
- Spending Less
People who aren't raised with role models of any sort of financial literacy (myself included) would find themselves in this category. You think you know how to be fiscally responsible but you subconsciously end up doing the opposite, with often very valid limitations, like life, causing little margin for any freedom here. The ironic nature is even as you scale up, you then tend to fall prey to lifestyle inflation creep, when you start getting overwhelmed by ''earned privileges''.
Both authors acknowledged these ''lapses'', albeit different tones, notable mention to Ramit Sethi for calling poor habits: victimization. For example, finding an excuse to not cultivate the smallest of habits like saving $20 a week, because one may deem it ''worthless'' since there's greater ROI in saving $100 a week but it's simply unachievable still on their own terms, and in Morgan Housel's words, ''the ceiling of social comparison is so high that virtually no one will ever hit it''.
And if you folks have read (Atomic Habits by James Clear), this concept is particularly important because it proves that everything good takes time, but most people just fall off at the plateau stage so they never recognize the great results.
It doesn't matter how big or small the goalpost is.
Wealth is built with patience and discipline. Being rich is an dispensable concept where you may have liquid luxuries, but at the end of the day if you spend money on things, you will end with the things, not the money.
I've recently picked up 2 easy reads (Psychology of Money by Morgan Housel) and (I'll Teach You to Be Rich by Ramit Sethi), the former being much more of a favorite. Give or take that these are timeless books, the principles described were very basic and so logical yet it's barely practiced among many.
- Passive Compounding
- Saving More
- Spending Less
People who aren't raised with role models of any sort of financial literacy (myself included) would find themselves in this category. You think you know how to be fiscally responsible but you subconsciously end up doing the opposite, with often very valid limitations, like life, causing little margin for any freedom here. The ironic nature is even as you scale up, you then tend to fall prey to lifestyle inflation creep, when you start getting overwhelmed by ''earned privileges''.
Both authors acknowledged these ''lapses'', albeit different tones, notable mention to Ramit Sethi for calling poor habits: victimization. For example, finding an excuse to not cultivate the smallest of habits like saving $20 a week, because one may deem it ''worthless'' since there's greater ROI in saving $100 a week but it's simply unachievable still on their own terms, and in Morgan Housel's words, ''the ceiling of social comparison is so high that virtually no one will ever hit it''.
And if you folks have read (Atomic Habits by James Clear), this concept is particularly important because it proves that everything good takes time, but most people just fall off at the plateau stage so they never recognize the great results.
It doesn't matter how big or small the goalpost is.
Wealth is built with patience and discipline. Being rich is an dispensable concept where you may have liquid luxuries, but at the end of the day if you spend money on things, you will end with the things, not the money.
🔥14👍10❤6
Forwarded from Shelby [yap room]
$ESTEE 13x from my call .. just tapped 1.3m ath and looking solid now
Higher 📈
https://dexscreener.com/ethereum/0x001087bc197Aa40BB0c6893112FEC044E32156C4
Higher 📈
https://dexscreener.com/ethereum/0x001087bc197Aa40BB0c6893112FEC044E32156C4
👍8❤5🔥2
Have been buying up $GHOST around $3m in the last few hours after their recap tweet today here - https://x.com/GhostWareOS/status/2033436548629488082?s=20
Privacy stack for Solana + cross-chain swaps that actually cloakes your footprints, not just wallets.
Even Solana main account has acknowledged the tech - check screenshot of RT + theres other organic posts
The team continues to work and has been delivering all of their promises since the start.
More alpha is dropping tomorrow. Seems like we found a mega alpha privacy coin at $3m.
BBKPiLM9KjdJW7oQSKt99RVWcZdhF6sEHRKnwqeBGHST
Privacy stack for Solana + cross-chain swaps that actually cloakes your footprints, not just wallets.
Even Solana main account has acknowledged the tech - check screenshot of RT + theres other organic posts
The team continues to work and has been delivering all of their promises since the start.
More alpha is dropping tomorrow. Seems like we found a mega alpha privacy coin at $3m.
BBKPiLM9KjdJW7oQSKt99RVWcZdhF6sEHRKnwqeBGHST
👍7🔥6❤3
Do you remember $PEIPEI ? the Chinese pepe, which has given us all more than 100x last year.
I have the similar vibes here on $DRONE
Just saying, and completing the day.
Have a good night everybody.
I have the similar vibes here on $DRONE
Just saying, and completing the day.
Have a good night everybody.
❤4👍4🔥4
Aped to $NOTGAY
I never sell my bags and get rekt, so if you do, you’re gay. This narrative is good.
I picked this SOL project because of the team behind it. They always give my subs lots of Xs, and they’re safe. The narrative is also fire and can be sent to millions.
Keep in mind, if I’m gambling on my main socials, then it’s worth it.
One rule: if you sell, you’re gay.
Web: notgay.meme
X: x.com/notgaymeme
TG: t.me/notgaymeme
https://dexscreener.com/solana/Dd4hsmWhwEfkoRh2NxGXmbfYPh474K4yUXuoNmmPYALY
I never sell my bags and get rekt, so if you do, you’re gay. This narrative is good.
I picked this SOL project because of the team behind it. They always give my subs lots of Xs, and they’re safe. The narrative is also fire and can be sent to millions.
Keep in mind, if I’m gambling on my main socials, then it’s worth it.
One rule: if you sell, you’re gay.
Web: notgay.meme
X: x.com/notgaymeme
TG: t.me/notgaymeme
uphcYhzNzLBQQcQdpsbQXTFSNApMuh1Y4Jp6KTYpumphttps://dexscreener.com/solana/Dd4hsmWhwEfkoRh2NxGXmbfYPh474K4yUXuoNmmPYALY
❤7👍7🔥4
Forwarded from Safeguard
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SELL = GAY Buy!
❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️ ❤️
🔀 Spent $2,533.61 (27.054 SOL)
🔀 Got 6,422,744 NOTGAY
👤 Buyer / TX
🪙 New Holder
💸 Market Cap $416,242
DexT | Screener | Buy | Trending
🥇 #1 On SOL Trending 🔥
🔀 Spent $2,533.61 (27.054 SOL)
🔀 Got 6,422,744 NOTGAY
👤 Buyer / TX
🪙 New Holder
💸 Market Cap $416,242
DexT | Screener | Buy | Trending
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🔥8❤3👍2
We are keeping an eye on the Chart waiting for an interesting entry point.
🔥19👍17❤14
Insider info. Prepare your ETHs and SOL for Base launch. This week gonna be the Base week It seems.
❤8👍4🔥2
We are keeping an eye on the Chart waiting for an interesting entry point.
🔥9👍5❤2
Aped some $CLICK on Base .
https://dexscreener.com/base/0x56182844003b8315f2e69c7e5d3a8afaf16efcdc270731582c70f4c80b495f70
https://dexscreener.com/base/0x56182844003b8315f2e69c7e5d3a8afaf16efcdc270731582c70f4c80b495f70
0xB964cA8757B0d64c50B0da17f0150563139361aC👍6🔥5❤4
Forwarded from SpyDefi
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Achievement Unlocked: x6! ⚡️
@SIGNALCALLS made a x6+ call on CLUDE.
$478K➡️ $3.1M
👁 View Call 📊 View Stats
➡️ Catch plays like this early with SpyDefi Filters!
@SIGNALCALLS made a x6+ call on CLUDE.
$478K
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❤8🔥6👍5