Today, I’m sharing with you my 3 Money Rules.
This is my first MMI episode- me, myself and I
Usually I interview industry experts but with MMI episodes it’s just me and the voices in my head.
Take these MMI episodes with a grain of salt. They are my perspectives based on my life, upbringing and current circumstances. Yours will be different and I’m keen to hear your perspectives.
Show Notes
Financial success has only 3 rules. In my mind you can’t ever be financially successful or financially free if you break these rule for an extended period of time. You can bend the rules to capture growth but over the long run even billioniaires and multimillionaires have gone bankrupt.
So what are my 3 rules. Simple but profound they are:
- Spend less than you earn (1:30)
- Invest the difference (2:32)
- Use debt wisely (3:46)
- Necessary debt
- Ugly debt
- Evil debt