If you want to have a great life, you have to:
1️⃣ be able to take uncomfortable discussions,
2️⃣ make hard decisions,
3️⃣ take responsibility
4️⃣ stop making everyone happy
Otherwise,
1️⃣ you will be forced to stay in toxic relationships, forced to do things you don't want,
2️⃣ others will make decisions instead of you, that fits them better, than you,
3️⃣ you won't be able to change things to be at a better position, because you have no responsibility,
4️⃣ you will try to make everyone happy, but yourself, and live a miserable and unhappy life
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #btc
Good morning! ☕️⚡️
Monday coffee boost ☕️ to a lovely 💜 week!
#earnmore
Earning more starts with hard work, and providing value. The more value you provide, the more you can expect in return.
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #meme
Do, Fail, Learn, Repeat!
#grownostr #motivation #plebchain #coffeechain #btc
☕️☕️
Financial independence and retire early is just
1️⃣ living below your means and
2️⃣ investing your saved money into things that earn you a certain yield.
If it is an Index Fund, #BTC, dividend ETFs or anything else, it does not matter. It is "just" your vehicle to financial independence.
Never lose sight of the real goal! And be open to be proven wrong, and course correct along the way.
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #coffeechain #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #bitcoin #etf #indexfund #valueforvalue #value4value
"Those who have to buy something to show they can afford it,
They won't be able to afford anything."
#frugaltip #frugalism #frugal #minimalism #minimal #mininalistic #grownostr #nostr #coffee #plebchain #coffeechain #thenostr #fire #financialindependence #lifestyle #savemoney #moneysaving #retireearly #btc #value4value
Indeed! It is a balancing act between
1️⃣ Earning more
2️⃣ Saving more
3️⃣ Enjoying life
Have a great day! 💜
Good morning! ☕️
Who needs to hear this?
#earnmore
Concentrate on giving value, and learning instead of your paycheck.
The more value you give, the more negotiation "ammunition" you will have. If you don't get high raises in your current company, you can bring this "ammunition" to your new job negotiations.
The more you know (more you learned), the more responsibility you can take, that also translates to higher salary. Also the more you know, the more value you can provide, see above point why it is important.
Have a great day! 🫂💜
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #btc #earn #learn #study #value4value
Don't invest more than you can afford to lose.
I think it is important to reiterate on it.
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving
Have an emergency fund!
Investing is a risky business.
If you are investing in stocks, ETFs, #btc or in anything that has a variable price, you cannot afford to be forced to sell.
Why?
If you are forced to sell because you need money immediately for something important (e.g. emergency), then you might have to sell with a loss. This means you would have been better without investing.
To circumvent this, emergency fund or FU money comes in handy.
Emergency fund is money that you keep for emergency cases. Could be also called FU money, to imply that you can quit at your current job, because you can live for a few month without a job.
Rule of thumbs:
1️⃣ Keep that money in something liquid. You shall be able to use it any time, and the best is if it does not lose to much value because of inflation.
2️⃣ Keep at least 3-6 monthly costs in it. Should depend on your risk tolerance, and how easy it is for you to find a new job. The harder it is, the more you shall save.
Summary:
1️⃣ If you want to invest, put together an emergency fund before, because you never know.
2️⃣ Save in it at least 3-6 months monthly costs of yours.
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving
Good morning! ☕️
It's already the weekend!
Great time time to spend some hours on finding a #sidehustle
Benefits:
1️⃣ You won't depend on 1 income stream
2️⃣ You can save more
3️⃣ You can turn something fun into income
Also you can say, that you save from your main income, and the money you earn from your sidehustle, you will spend on travelling or on other fun things as pre-retirement fun.
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving
Why will it be worthless? Asking for a friend.
#earnmore
Do a sidehustle.
It is a nice way to
1️⃣ earn extra income,
2️⃣ to start a business in small, or
3️⃣ to get paid for providing value not your time.
Also it is a low risk way if you want to eventually have your own business.
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #sidehustle #bitcoin #btc
#asknostr
What content do you most enjoy on nostr?
If you want financial independence faster, you have to
1️⃣ #spendless
2️⃣ #earnmore
I will post with the above hashtags lists with tips for easier searchability.
#spendless
1️⃣ Decide on a fix monthly percentage to save
2️⃣ Have monthly grocery budget
3️⃣ Have only 1 streaming subscription per month
4️⃣ Cook at home / #mealprep
5️⃣ Have "fun budget" per month
6️⃣ Minimize your recurring cost as much as possible
7️⃣ Don't drink in Starbucks, or other fancy coffee places often
8️⃣ DIY the most things
9️⃣ Library over bookshop
1️⃣0️⃣ Look for free or cheap hobbies (hiking, walking, free museums, etc)
1️⃣1️⃣ Wait few days before buying more expensive items
1️⃣2️⃣ Borrow from friends instead of buying
What else would you add?
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving #retireearly
I think this is true, because:
If you are paranoid, you will prepare.
If you prepare, you will face less unknown issues, therefore you will come out of most things better than others.
Also if you are paranoid, you will pay attention to not do the mistakes you are paranoid about, so chances are lower for you to face issues.
To summarize, if you are paranoid:
1️⃣ You will face less issues
2️⃣ When you face it, you are already prepared
➕️1️⃣ You can have a peace of mind because you know you did all.
#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving