The Daily Motivation Don’t Make These Mistakes With Your Money | Lewis Howes
May 25, 2025
Explore the pitfalls of personal finance that could hinder your wealth-building journey. Learn key budgeting strategies and the vital role of mentorship in mastering your finances. Discover why trading time for money is not always the best option and how to tap into passive income streams. Emphasize the power of consistency for long-term financial growth and enjoy a few tech discounts along the way!
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Pay Yourself First
- Always pay yourself first by saving a percentage of every dollar you earn.
- Automate savings and treat your savings like a non-negotiable tax payment to secure your financial future.
Live Within Your Means
- Live within your means by budgeting based on your income and expenses.
- Use apps and automation to track spending and savings effortlessly.
Money Is a Lifelong Skill
- Master money management as a lifelong skill essential for wealth building.
- Seek mentors or educational resources online to expand your financial knowledge.