My First Million cover image

Why Is Andrew Wilkinson Monetizing His Twitter Followers?

My First Million

NOTE

Balancing Income and Spending

The speaker discusses their income and spending habits. They mention that as long as their income is 10 times their spending, they are satisfied. They talk about their previous earnings in their 20s and how they didn't save much during that time. They also mention a rule from Tim Ferriss about giving things away for free unless they will make a lot of money. The speaker advises applying the same rule to one's mental budget for finances - focus on things that will save or make a lot of money and disregard the rest.

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