Published: November, 2021
Let’s start with hypothetical questions.
First, if you are given the freedom to earn the amount of money you’ve always wanted to earn, how much would it be? Second, how much money would you have been paid for by the time you reach retirement age? Third, how much of that money would have gone to your savings or investment accounts? And fourth, how much of that money would have gone to everything that you owe?
Now let’s do a reality check. First, how much are you earning now? How different is it from your ideal income? Second, up to your last payroll, how much money have you been paid already? Third, how much of your earnings have gone to your savings account? And fourth, how much money has gone to everything that you owe?
Theoretically, the average American would have earned around $2 million in a lifetime. The question is why few people end up earning their first million. Most Americans barely reach the 100,000 mark when it comes to the assets they have by the time of their retirement.
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Here are 7 rules live by for your personal finances:
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Co-Founder & CEO, Lunes Holdings, LLC
Hi I’m Juan. I’ve been an Entrepreneur since grade school. My background is in the tech space from Digital Marketing, E commerce, Web Development to Programming. I’ve consulted and helped digital entrepreneurs and multiple seven figure businesses reach new levels of success. I’ve learned the strategies, philosophies, methodologies, principles and core values from the most successful people in the world. I believe in continuous education with the best of a University Degree without all the downsides of burdensome costs and inefficient methods.
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Dec 20th, 2021
Good to review your personal finance habits through analysis of your behavior.
Apr 6th, 2022