The 🔟 Most Important Money Lessons

I Wish I Could Teach My Younger Self 🧵

1⃣ ALWAYS live below your means
2⃣Developing a long-term mindset

is the foundation of financial success
3⃣In the beginning, your savings rate is all that matters

Eventually, your investing returns are all that matters

Focus your time accordingly
4⃣Financial freedom is achievable

The price is ~10 years of hardcore saving/investing
5⃣Wealth is built in your free time at home

not at work
6⃣If you learn how to convert your salary into wealth

you'll become financially unstoppable
7⃣There will never be a "perfect" time to invest

Just buy regularly and ignore all forecasts, declines, and news headlines
8⃣In the short-term, sentiment controls stock prices

In the long-term, earnings control stock prices
9⃣Don't worry about your short-term results
🔟Remember to have as much fun as possible on the journey

Don't take yourself too seriously

Make friends. Play games. Travel. Connect with your community!

If you don't enjoy the journey, you won't enjoy the end result
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More from Brian Feroldi

Last week, I asked my followers to share their favorite Twitter threads

I receive tons of wonderful replies and read through them all

Here are 31 amazing threads that are well worth your time ⬇️

1/ @10kdiver on


2/ @aaronbush100 on 20 semi-controversial investing


3/ @annieduke on category


4/ @awilkinson on losing

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