Brennan Schlagbaum, CPA

Budgetdog will change the lives of millions 💯

21% of my students have already become Millionaires since working with us 🥶 We’ve only been operating for four years. Nobody comes close to making the impact we are in the personal finance space.

Decided to proactively rest this week. Deep thinking week. Didn’t ask anyone for permission. Just did what I wanted. Financial freedom is dope.

100 boring ways to win at life: 1 - Wake up before your kids. 2 - Make your bed. 3 - Pray before you check your phone. 4 - Drink more water. 5 - Exercise daily. 6 - Eat real food. 7 - Budget every dollar. 8 - Pay yourself first. 9 - Automate your investments. 10 - Read 10 pages a day. 11 - Go to bed early. 12 - Marry someone with the same values. 13 - Combine your finances. 14 - Date your spouse weekly. 15 - Say "I love you" out loud. 16 - Go on walks together. 17 - Fight fair. 18 - Apologize fast. 19 - Never keep score. 20 - Put your phone down when they talk. 21 - Cook at home. 22 - Meal prep Sundays. 23 - Pack your lunch. 24 - Track your spending. 25 - Cancel old subscriptions. 26 - Spend less than you make. 27 - Keep 3-6 months in savings. 28 - Never carry a credit card balance. 29 - Negotiate your bills once a year. 30 - Buy quality. 31 - Max your Roth IRA. 32 - Get your 401k match. 33 - Open an HSA. 34 - Dollar cost average weekly. 35 - Reinvest dividends. 36 - Invest in 1-5 ETFs. 37 - Keep fees under 0.2%. 38 - Never time the market. 39 - Never panic sell. 40 - Never day trade. 41 - Get term life insurance. 42 - Ignore whole life insurance. 43 - Create a will. 44 - Update your estate plan every 3 years. 45 - Open a 529 plan for your kids 46 - Teach them about money early. 47 - Let them see you fail. 48 - Hug them more than you need to. 49 - Be present. 50 - Eat dinner together. 51 - Stop watching TV. 52 - Stop making excuses. 53 - Stop chasing motivation. 54 - Stop comparing yourself to others. 55 - Stop outsourcing your thinking. 56 - Stop confusing busy with productive. 57 - Stop lending money you can't lose. 58 - Stop blaming the economy. 59 - Stop waiting for the right time. 60 - Stop saying "someday." 61 - Stop leasing cars. 62 - Stop financing furniture. 63 - Stop paying minimums. 64 - Stop keeping up with the Joneses. 65 - Start living like you know you're going to die. 66 - Show up 5 minutes early. 67 - Keep your promises. 68 - Finish what you start. 69 - Admit when you're wrong. 70 - Do the hard thing first. 71 - Give generously. 72 - Tip 20% minimum. 73 - Volunteer. 74 - Say grace. 75 - Call your parents. 76 - Journal daily. 77 - Walk without headphones. 78 - Stretch every morning. 79 - Protect your sleep. 80 - Delete social media (or only follow my page 😉) 81 - Get a CPA before you need one. 82 - Get an attorney before you need one. 83 - Ask doctors for itemized receipts. 84 - Review insurance annually. 85 - Check credit reports quarterly. 86 - Invest your raises. 87 - Invest your bonuses. 88 - Invest your tax refunds. 89 - Let your lifestyle lag your income by 2 years. 90 - Treat compound interest like the miracle it is. 91 - Audit your circle. 92 - Network up. 93 - Pay for expertise. 94 - Invest in yourself. 95 - Use systems over willpower. 96 - Act like who you want to become. 97 - Put your family over your career. 98 - Remember why you started. 99 - Trust God. 100 - Follow me for more @budgetdog 🤝🏻

A personal home is NOT an investment

I used to be the "perfect worker.".. I showed up early. I stayed late nightly. I worked 80 hour weeks to "put in my dues." And you know what it got me? $304k in debt... A marriage under stress... And a boss who saw me more than my own wife. The ONLY thing that gave me purpose outside of work was sharing money tips online... (@budgetdog 😉) But when my employer found out? They told me to delete the account or lose my job. So three weeks before my daughter was born, I quit. My wife and I were terrified at first... But we promised from that moment we'd NEVER be reliant on a paycheck again: - We built a budget around our life - We automated our investments - We stuck to our plan rain or shine Fast forward to today? We're stay at home millionaires who spend our time exactly how we want. (usually playing with daughters, hitting the gym, or helping students 🤣) Nobody hates work. They hate giving their best years to a system that wouldn't notice if they disappeared tomorrow. So if you're ready to build a better future... Get started building your financial foundation now... And follow me for more

"Nobody wants to work anymore!" No, people don't want to: - Work 60 hours for 40 hours pay - See their boss more than their kids - Beg for raises that lose to inflation - Work weekends to stay "caught up" - Get laid off over email Nobody hates work. They hate working for nothing.

@10DollarsTil @djvlad 😆

@djvlad Thought this was a @Budgetdog_ tweet ngl

Here's a way better way to buy a house than getting a bank mortgage. Instead of putting a big down payment, take that money and invest it in great stocks for 10 years. During that time, rent a place to stay. For anyone who thinks you're throwing money away by renting, keep in mind that almost the entire mortgage payment you pay during that time is going to the bank's interest, not the principal. Your rent will probably be less than your mortgage payment + property tax + repairs. So use that extra money to buy more stocks. After 10 years, take a loan out against your stock portfolio and buy your house in cash. You will now own the house outright and have the deed - unlike getting a mortgage, where the bank holds the deed. Your loan rate will be WAY lower than a mortgage rate because it's secured by your stock portfolio. Also, you don't have to pay back the loan on a monthly schedule. You can pay it back at your own pace, or don't pay it back and let the interest accrue on the loan. You never have to worry about the bank taking your house if you miss a few mortgage payments like a bank loan. After it's all done, you own a house outright with a loan to yourself, and you never sold your stock portfolio, which keeps appreciating. BTW, that's exactly what I did.

@GuyTalksFinance @eric_b_hodln Maybe consider your messaging given many people see what I saw. Look at your own timeline and you’ll understand why people are confused. Which is why I asked the simple question.

@eric_b_hodln I was posting about Bitcoin telling people to buy at the local bottom of $62k I’ve never said to stop buying. You must be stuck on a loop with @Budgetdog_ Really gotta love it 🫡

If I had to invest $10,000 right now I’m going all in on the S&P 500. I’m confident that betting on America will be the best investment someone can make.

@thetradingbro I didn’t either 😂

@Budgetdog_ I don’t know how to respond to this

My 2 year old girl just told my wife she wanted us to buy her a brother. Good news: mindset is there Bad news: execution needs work 😆

@HawkEmDownChris Omar Vizquel

Age yourself by naming an MLB shortstop you grew up watching. I’ll start: Derek Jeter.

@texasrunnerDFW Unfortunately, it’s just not a practical career anymore

Only 28% of US teachers say they are living comfortably on their present income This is an abject sociological failure for a wealthy country that says we value education

@TKopelman I was referring to health. Yes, actually just did that for those.

@Budgetdog_ For auto and homeowners?

For most high net worth individuals, you can save a lot on insurance costs by making one change Increasing your deductibles With most insurances, this is one of the largest costs And for you, your risk is not paying $500-$10,000 You can handle these expenses with no issues That is why higher deductibles can be a great move

@TKopelman Backdoor for the W

“Should I use my Roth or Traditional 401k?” Here's how I think about it + the framework I use: • 10-12% bracket: Roth Hard to imagine being in a lower bracket • 22-24% bracket - depends on: - Make up of Roth and Traditional today - Age and if you are in highest or lowest brackets of your life - Age of retirement: will you have lots of time for Roth conversions - Health: could you or spouse pass away early and move to single tax brackets • 32% +: Traditional Most people will not be in the 32% or higher brackets in retirement. But if you are very wealthy, have a ton of pre-tax funds, do not plan to retire early or at all, then maybe Roth Then you can do Backdoor Roth IRA and Mega Backdoor the whole time

@indexnforgetit Even past that

Unless your net worth is >$1million Your time is better spent growing wealth than focusing on dividend payments

@brian_armstrong Do you believe in an afterlife?

Getting old shouldn't be viewed as inevitable, just because it happens to everyone. It's a disease that kills over 100,000 people a day, and hopefully it will be optional in the future.

@Shmooper10 lol 2/2 so far

@Budgetdog_ You gonna get another girl.

@RobinSeyr Has not made me rich. We shall see.

Bitcoin won't make everyone rich, just the ones who buy it.