If you are in your 20s and 30s, open this:

Finance Basics:

Asset = Things that make money

Liability = Things that cost money

Net worth = Difference between what you own & owe

Stock = Ownership in a business

Index Fund/ ETF = A group of stocks

Dividends = Profits shared with investors

Bond = A loan to a business or government

Portfolio = Investments you own

Budget = Tracks your income/expenses

Credit = Money borrowed to pay back

Credit score = Number that represents the ability to repay debt

👑Billionaire's Mindset✅️

This is your reminder that the basics in finance can take you very far.

Spend less than you make & invest the difference into assets that will grow your wealth.

👑Billionaire's Mindset✅️

The 7 Levels of Wealth:

Level 1: Living paycheck to paycheck
Level 2: Budgeting money
Level 3: Paying down debt
Level 4: Saving an emergency fund
Level 5: Investing
Level 6: Multiple income streams
Level 7: Financial freedom

Money is a tool. Every dollar should be working.

👑Billionaire's Mindset✅️

If you want to make money in a recession, ask two questions:

1. What do people need to spend $ on no matter what?
2. What do rich people spend money on?

These are the sectors you want to be in.

👑Billionaire's Mindset✅️

Time it takes to generate $1 billion in revenue:

Walmart: 12 hours
Amazon: 13 hours
Apple: 18 hours
Alphabet: 1 day
Microsoft: 1 day
Costco: 2 days
JP Morgan: 2 days
Meta: 2 days
Ford: 2 days
Home Depot: 3 days
Exxon Mobil: 3 days
AT&T: 3 days
FedEx: 4 days
UPS: 4 days
Disney: 4 days
P&G: 4 days
Tesla: 4 days
Boeing: 4 days
Nvidia: 4 days
Caterplillar: 5 days
IBM: 5 days
American Express: 6 days
Nike: 7 days
Coca-Cola: 8 days
Uber: 9 days
Starbucks: 10 days
Salesforce: 10 days
Netflix: 10 days
Visa: 11 days
McDonald’s: 14 days
Spotify: 23 days
Airbnb: 41 days

👑Billionaire's Mindset✅️

Can you speak English?

Money forgives those who take care of it, but never those who abuse it.

Billionaire's Mindset✅️

What people don't see:

• Stress
• Sacrifice
• Pressure
• Long hours
• Taking risks
• Losing money
• Being rejected
• Sleepless nights
• Making mistakes
• Doubting yourself

What people see:

• Success

Billionaire's Mindset✅️

Old status symbols:

• New BMW
• Fancy house
• Designer clothes

New status symbols:

• Time freedom
• Location freedom
• Financial freedom

Freedom is the ultimate flex.

Billionaire's Mindset✅️