7 Books that Changed My Life:

- Winning
- Atomic Habits
- The Behavior Gap
- The Millionaire Mind
- How to Become a Rainmaker
- The Subtle Art of Not Giving a F*ck
- Mindset: The New Psychology of Success

What books changed your life?

More from Fiona | The Millennial Money Woman

$The Millennial Money Woman \U0001f4b5$

How to Build Wealth

10-Step Formula to Riches

// Thread //

1. Live like an Undercover Millionaire

Income ≠ Wealth

How to live like an undercover millionaire:

- Spend less than you earn
- Avoid buying fancy clothes
- Avoid buying new & fancy cars

To feel rich, count the things in your life that money can't buy.

2. Always Look Ahead

To build a strong financial future, break down your goals into 3 categories:

- Short term goals (1 to 5 years)
- Mid term goals (5 to 10 years)
- Long term goals (10+ years)

Understand your goals and build a plan of action.

Make your goals a reality.

3. Become the Household CFO

Assign a purpose to every dollar.

How the wealthy budget:

- 529 plans
- Business accounts
- Retirement accounts
- Emergency savings fund
- Joint / Individual accounts

Want to budget stress free?

Automate the process.

4. Pay Yourself First

You might catch the famous Warren Buffet mentioning this phrase during his investment talks.

This means:

- You save/invest
- You pay your bills
- You spend the money that’s leftover

Save and invest first, before you spend money.

It's that easy.

Fiona | The Millennial...
@The_MMW

11 Hacks to Get Rich and Stay Rich

- Thread -

1. Learn Daily

Learning shouldn't stop when you graduate from school.

Learn 1 new thing daily.

Perfect your skills until you are an expert.

Never lose your childlike curiosity to learn.

2. Embrace Failure

Failure and success are not opposites. They are 2 parts of a whole.

Why failure is necessary:

- Value
- Growth
- Resilience
- Experience
- Knowledge

Failure simply is a stepping stone for success.

3. Control Your Emotions

81% of millionaires have made it a habit to control their emotions, thoughts, and words.

Emotions can lead you to make terrible decisions - be it financial, professional, or personal.

Control your emotions before they control you.

4. Build Rich Relationships

The No. 1 success predictor is the quality of your network.

You are the average of the 5 people you surround yourself with.

To become a winner, you must first surround yourself with winners.

$The Millennial Money Woman \U0001f4b5$

The Millennial Money W...
@The_MMW

10 Common Money Myths

That Could be Costing you $1,000's

// Thread //

1. YOLO

It's true that you only live once.

It's NOT true that you should:

- Live in debt
- Work until you die
- Live paycheck to paycheck

What you can do is:

- Live in the moment
- Save for your future
- Start investing today

Balance is the key.

YOLO is not.

2. LLC's are for the rich

You don't have to earn $100,000s to form an LLC.

An LLC:

- Offers tax advantages
- Limits personal liability
- Avoids double taxation

If you have a business and want to earn money, then it's time to consider forming an LLC.

3. I'll be Poor Forever

What you believe determines your future.

The journey to wealth won't be easy.
If it were easy, everyone would be wealthy.

Getting there will take:

- Discipline
- Hard work
- Consistency
- Determination

Change your mindset, Change your reality.

4. Buying a House is Better than Renting

Homeownership means:

- Less flexibility
- High upfront costs
- Long term commitment
- Unexpected additional costs

This may not work for your personal situation.

Make sure you’re financially and emotionally fit to make a home purchase.

$The Millennial Money Woman \U0001f4b5$

The Millennial Money W...
@The_MMW

11 Critical Lessons from Jeff Bezos

// Thread //

1. It's OK to Fail

Bezos helped develop the Fire Phone, one of Amazon's worst failures.

And yet, the Fire Phone led to one of Amazon's biggest successes: Alexa.

“If you want to be inventive, you have to be willing to fail.” @JeffBezos

2. Be Uncomfortable

Before founding Amazon, Bezos worked on Wall Street.

Yet, he left his comfort zone to start an online business.

In 1994, building an online business was incredibly risky.

"One of the only ways to get out of a tight box is to invent your way out" @jeffbezos

3. Your Actions Define You

You are born with strengths and weaknesses.

What you do is what ultimately defines who you are.

It is not your ability that defines you, but your actions and choices.

"It's not an experiment if you know it's going to work" @jeffbezos

4. Embrace Criticism

If someone you trust gives you feedback, decide if their criticism is right.

If yes, then change and stop resisting.

Candid feedback is your ticket to true growth.

"If you can't tolerate critics, don't do anything new or interesting" @JeffBezos

$The Millennial Money Woman \U0001f4b5$

The Millennial Money W...
@The_MMW

How to Build Wealth at Any Age

11 Wealth Building Strategies

// Thread //

1. Diversify Your Income

The average millionaire builds 7 streams of income.

If you've ever heard of the saying "don't put your eggs in 1 basket," then you know that you shouldn't rely on just 1 job.

Start diversifying your income streams today.

2. Own Your Own Business

66% of millionaires own their own business.

There's a reason why so many millionaires choose entrepreneurship over employment: They are their own boss.

Live your life without limits and build a lasting empire today.

3. Build Your Network

A degree is good but your network is better.

One of the greatest indicators of your future success is determined by the people who know you and trust you.

Build and maintain meaningful relationships as early as possible.

Your network is your net worth.

4. Read More

85% of millionaires read books for 30 minutes or more daily.

Books give you a chance to learn from and think like the greatest minds that have walked this earth.

If you want to succeed, you have to read.

More from Learning

$Joe Speiser \u26a1\ufe0f$

Joe Speiser ⚡️...
@jspeiser

I've launched over 10 startups in the past 10 years.

Here's how to get your startup off the ground in 15 days

It will be intense, but doable.

Let me show you exactly how 🧵

We will cover:

Part 1. How to Launch an awesome website (10 Hours)
Part 2. How to build your MVP (5 Hours x 7 Days)
Part 3. How to get your first 100 customers (5 Hours x 7 Days)

Part 4. How to manage and organize your operation (5 Hours)

Total Time - 80 Hours

Part 1. How to Launch an awesome website in 10 Hours

1. https://t.co/qzi3JRPWzg
- Buy a domain in 5 minutes
- Get a professional emails like [email protected]

Time - 15 minutes

2. https://t.co/EsAldktfff

- Get logo inspiration from https://t.co/Mpedds2OzF
- Design Slick Brand Logos on Figma

Time - 45 minutes

3. https://t.co/nWr3RlzSNf

- Pick a matching template from their 500+ template gallery (it's like having someone do the work for you)

- edit the headline, the features, and add stock photos from the internet

- Keep it simple

Time - 2 hours

Commonstock
@JoinCommonstock

Michael Burry's investment strategy

$Dickie Bush \U0001f6a2$

Dickie Bush 🚢
@dickiebush

What is the best book you read in 2021?

Will compile every response and rank them by number of recommendations!

Going out to everyone subscribed to my

Matt Dancho (Business ...
@mdancho84

The MOST overlooked skill in data science...

And it could get you a $20,000 promotion.

Here's how. 🧵

#datascience #stats #rstats

Text analysis is a treasure trove of predictive information.

Yet 90% of companies don’t know how to use it.

They are overlooking one of the most powerful and predictive sources of information…

In fact, text analysis is part of the strategy that I used to help double my business in 2022...

While companies like Facebook (Meta) lost 70% of their value.

My company went from $0.9M/year to $2,000,000 per year.

Using text analysis was a key piece.

So imagine how valuable you could become to your company if you doubled the part of the business you touch...

In less than 12 months.

They'd be more than happy to give you a $20,000 raise...

You just made them $1M. (or more)

But you need to learn Text Analysis so you can improve model performance...

Which leads to:

1. a better understanding of customers

2. a better understanding of products

3. better lead scoring

4. better marketing

5. $1,000,000+ ROI

Library Mindset
@librarymindset

If you want to change your life, read these 48 books

1)

13)Defining Decade
14)Power of Now
15)How Will You Measure Your Life
16)Joys of Compounding
17)13 Things Mentally Strong People Don’t Do
18)Things No One Else Can Teach Us
19)I Will Teach You To Be Rich
20)Compound Effect
21)Can’t Hurt Me
22)Discipline Is The Destiny
23)…
24)…

25)The Almanack of Naval Ravikant
26)Psychology of Money
27)The Practising Mind
28)What I Wish I Knew When I Was 29)Finish What You Start
30)Eat That Frog
31)Atomic Habits
32)101 Essays That Will Change The Way You Think
33)Make Today Count
34)12 Rules For Life
35)…
36)…

37)The Art of Seduction
38)When All Is Not Well
39)Surrounded By Idiots
40)Games People Play
41)Discourses and Selected Writings
42)Creativity Inc.
43)Elon Musk
44)Predictably Irrational
45)Digital Minimalism
46)Getting Things Done
47)5 Am Club
48)Tuesdays With Morrie

NEW: @SidneyPowell1 radio interview w/ @toddeherman "The new report has a truckload of evidence of foreign interference in the election in it. That's what people seem to want to deny, even though the FBI & CISA ... issued an advisory and alert back on Oct. 30th & updated on

2/ Nov. 3rd, so for them to deny that now is absolutely absurd. Plus, we have an affidavit from an expert cyber-warfare [individual] who even shows the diagram of all the attacks coming in. We know that the VPN ... the Dominion people left those open and unencrypted on the night

3/ of the election, so that anybody could get in. We know that the packets of information went to Serbia [note: over 100 Dominion employees scrubbed there LinkedIn profiles of any affiliation with the company after the election, many of whom were in Serbia], Liechtenstein,

4/ Spain, Venezuela, Hunan, China & Hong Kong. There was traffic all over into our election system that is supposed to be self-contained, not accessible by the internet at all. We have witnesses who document that it was connected to the internet. We have a study out of

5/ [the Dominion voting system in Antrim] MI, they know that it was connected to the internet. They erased their audit files & their adjudication files, where they dumped over 68% of their ballots into a bin that they call "adjudication" [that would've been thousands + thousands

Filippo Valsorda
@FiloSottile

“We don’t negotiate salaries” is a negotiation tactic.

Always. No, your company is not an exception.

A tactic I don’t appreciate at all because of how unfairly it penalizes low-leverage, junior employees, and those loyal enough not to question it, but that’s negotiation for you after all. Weaponized information asymmetry.

Listen to Aditya

"we don't negotiate salaries" really means "we'd prefer to negotiate massive signing bonuses and equity grants, but we'll negotiate salary if you REALLY insist" https://t.co/80k7nWAMoK
— Aditya Mukerjee, the Otterrific \U0001f3f3\ufe0f\u200d\U0001f308 (@chimeracoder) December 4, 2018

And by the way, you should never be worried that an offer would be withdrawn if you politely negotiate.

I have seen this happen *extremely* rarely, mostly to women, and anyway is a giant red flag. It suggests you probably didn’t want to work there.

You wish there was no negotiating so it would all be more fair? I feel you, but it’s not happening.

Instead, negotiate hard, use your privilege, and then go and share numbers with your underrepresented and underpaid colleagues. […]