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RE: Objective 1 Million USD - My 2021 Master Plan

in LeoFinance3 years ago

The pleasure is mine.

If you need a plan I can give you a few insights.

  • Don't focus on 'whole big numbers', keep it realistic and achievable. Have 1000$ Try to raise this amount up to 1500$ in 3 months and keep it as a little challenge. It's irrelevant to say u have a goal of 10.000$ if ure starting out from 0$.

  • Keep expenses low. You can't save and invest with hundreds of dollars of subscriptions in expenses and use all your free time to party hard. Remember, there's time for everything if you organize urself.

  • Little amounts add up, don't underestimate them. 1$ while you sleep is better than 5$ for an hour of your time. If you're not sure in what to invest and how to do it, keep it easy with the basics. Stack BTC, some ETH and some stablecoins like USDT/USDC or even HBD. You can easily get a 10% APR on them (cough cough, HBD!) without much of a hassle.

  • Show up every day, you don't have to make very big progress every day, but if you only show up you'll have more than half of the work done. If it serves as a reference, I studied economics in my free time and invested in things for almost no return (I only collected losses) for over 3 years in the beginning. Don't be so harsh with yourself. If you fail, you learn.

  • Connections, never forget about connections and the whole trip you're doing there. Be kind to others, take your time to teach and guide others. I try to help whenever I can because somebody helped me back in the day.

  • Take care of your body, physically and spiritually. If you're not in a good mood, refuse to make financial decisions.

As a whole, this would be a great starting point.

Best of luck!

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Many thanks for these insights! They're very practical and sound!

Grace and peace!