Potential client: "Can we meet after hours due to my schedule?"
Me: "Sorry. No. I'd love to work with you, but not at the expense of dinner with family, playing with my kids, and storytime before bed."
@GetMoneySmarter
I wouldn't as long as they were saving and investing to ultimately move out
If they weren't saving and investing then I would charge them rent, but quietly set it aside for them
My dad was once buying a car and the salesman told him he had "champagne taste and beer pockets."
He never made over $100k, but he's been happily retired for close to 20 years now and never worries about money.
There are multiple paths to wealth!
@FilledWithMoney
It's a lot of money, but it goes a lot farther with
1) No kids, remote job, living in the Midwest
Vs.
2) Multiple kids, commuting to work, living in the northeast or west coast
IRL, most people don't budget, diet, or lift weights.
But on Twitter, everyone is doing all three.
It's important to remember that social media is not a reflection of reality.
Don't be discouraged by comparing yourself to others.
I've been happily married for 17 years, but don't know everything about marriage
I worked at Fidelity for 15 years, but don't know everything about financial services
I worked at Coinbase for 2 years, but don't know everything about crypto
Be wary of anyone who claims to know
This quote is enraging and out of touch.
Money doesn't guarantee happiness, but to say that being worth $100M provides no improvement over being "dirt poor" is ridiculous and insulting to all the people who are actually living in poverty.
There is a 20% chance that your business will fail within a year
There is a ~2% chance that you will be fired or laid off in a year
Let's stop with the ridiculous Twitter narrative that starting a business is safer than a 9-5!
@FilledWithMoney
For context, 6.5% is still below the historical average.
The problem for buyers is that owners aren't upgrading or downsizing as much because they don't want to give up their 3% rate, which when you factor in inflation is less than 0%.
@unusual_whales
Slippery slope as a parent
Helping too much enables them and could lead to you becoming a financial burden on them in later years
Better to raise them to be financially literate!
Silicon Valley, Signature, Credit Suisse, Deutsche Bank...
For the average investor, there are only four things you need to understand (the rest is noise)!