The Minority Mindset Show 6 Ways To Start Investing With NO MONEY (yes, actually)
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Nov 28, 2024 You can start your investment journey without a hefty bank account! Discover the myth that you need money to make money. Learn why relying on borrowed funds could be a risky trap. Emphasize investing in yourself through free resources and personal development. Explore innovative debt management methods that can free up funds for smart investments. Plus, find out how hard work and networking can pave your way to financial success without any initial capital. Get ready to build wealth from the ground up!
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Invest in Learning
- Invest time in learning through books, podcasts, and webinars, even if you lack funds.
- Focus on money management, mindset, career growth, business, and negotiation skills.
Debt Management
- Pay down your mortgage bi-weekly instead of monthly to save significant interest and time.
- Consider a 0% APR credit card for aggressive short-term debt reduction if committed.
Avoid Stupid Tax
- Avoid the "stupid tax" by cutting unnecessary expenses like lottery tickets, cigarettes, and excessive alcohol.
- Eliminate overdraft fees, gambling, and late payment charges.