8. invest NOW.
the younger you start your retirement account the better because time is on your side. there are also tax benefits of opening a retirement account. owning a business gives you additional advantage (ex: opening a SEP IRA)
5. TREAT YOURSELF.
You absolutely need to save and invest your money. It’s best to do it while your young (since compound interest is on your side lol)
However, you should enjoy the fruits of your labor within reason.
tips for creating a work life balance as an entrepreneur:
- create a separate work space, preferably outside of your home
- have a phone/computer just for work
- schedule self care in your schedule like you schedule meetings
- get a hobby. work shouldn’t be your personality
4. be an entrepreneur with a 9-5 schedule.
don’t believe the hype that you need to spend ALL of your time working.
that’s how you burn out and breakdown which means you can’t do ANYTHING now so what’s the point
you need to have work life balance. set boundaries for yourself.
When someone holds you accountable, thank them. They’re helping you get better and preventing you from doing things that undermine your influence and your performance. If they speak the truth, it’s because they care.
Humility is the key.
• Putting off investment
The secret to being financially secure is to start investing early.
Monthly savings with a 7% return to become a millionaire at the age of 65:
- Age 20: $264
- 25: $381
- 30: $555
- 35: $820
- 40: $1,234
- 45: $1,920
- 50: $3,155
- 60: $13,968
Today was an amazing & inspiring day. This first picture & many more to follow in the coming weeks demonstrates what type of day it was. Power went out, that didn't stop these amazingly talented student athletes.
facebook.com/11913167375511…@tasiamckenna@jttramble@DaneeshaProvo