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Local Grower
@localgrower
63
Content Creator | Crypto Investor
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UK
Created
2020-05-18 11:15
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localgrower
Threespeak
5y
Financial Education #62: Buying Luxuries Last
The rich buy luxuries lastlastlast, whilst the poor buy them first. kstwhilstwhilst whilst ▶️ 3Speak
$ 1.084
18
localgrower
LeoFinance
5y
Financial Education #61: Capturing Opportunities
There is opportunity all around us.js ▶️ 3Speak
$ 1.204
32
localgrower
Threespeak
5y
Financial Education #60: Crypto Can Generate Cash Flow
The crypto foundations are maturing and you have the opportunity to earn cash flow from your assets. ▶️ 3Speak
localgrower
LeoFinance
5y
Financial Education #63: Real Assets v Fake Assets
We have fake money (FIAT), fake investments (CDOs). Its timtimetime that we have real money (gold and bitcoin). ▶️ 3Speak
localgrower
LeoFinance
5y
Financial Education #59: Employees Are Taxed The Most
Earning your income as an employee, the more money you earn the more you are taxed. ▶️ 3Speak
localgrower
Threespeak
5y
Financial Education #58: Financial Foundations
There are some simple financial foundations there are evidence to build wealth.sr ▶️ 3Speak
localgrower
LeoFinance
5y
Financial Education #57: A Mortgage is A "Death Contract"?
The etimology of mortgage cones from the greek/latin meaningmeaningmeaning death contract. This somewhat makes sense as we spend most of our lives payinfpayinfpaying it back. ▶️ 3Speak
localgrower
Threespeak
5y
Financial Education #56: The Borrower Is A Slave To The Lender
We live in a debt driven world, yet we are slave to the interest payments. Common practice isnt common sense. ▶️ 3Speak
localgrower
LeoFinance
5y
Financial Education #55: Most People Work For Everyone Except Themselves
Encouragement to build your own passive income and pay yourself first! incomeincome ▶️ 3Speak
localgrower
Threespeak
5y
Financial Education #54: Making Money vs Managing Money
Making more money may not be the answer. Managing what you have can go a long way. ▶️ 3Speak
localgrower
Threespeak
5y
Financial Education #53: The Rat Race
Work hard and get taxed more. Or, make your money work for you. ▶️ 3Speak
localgrower
Threespeak
5y
Financial Education #52: Be Your Own Financial Planner
Global coorporations pay millions to those who keep their books. If you or I was thethe the accountaccountntaccountantaccountantaccountaccountntaccountantaccountantntaccountantaccountantntaccountantaccountant
localgrower
Threespeak
5y
Financial Education #51: Is More Money The Answer?
An increase in income often leads to an increase in expenses. Proportionally
localgrower
LeoFinance
5y
Financial Education #48: Being Rich vs Being Wealthy
Bring wealthy does not mean you have to be rich and being rich does not mean you are wealthy. Riches would be having a large income. However, what frequently follows this, is having large expenses. If
localgrower
LeoFinance
5y
Financial Education #47: Risk Is When You Don't Know What You're Doing
All financial investments carry risk, low to very high. However, risk can simply be an indicator of your lack of due diligence. If you know what you're doing then there is a low amount of risk. ▶️ 3Speak
localgrower
LeoFinance
5y
Financial Education #46: Your Personal Balance Sheet
Having a budget is a wise financial habit to have. Changing the language of "budget" to "personal balance sheet" makes us as the individual feel more respecting of our personal finances.
localgrower
LeoFinance
5y
Financial Education #45: The Harder You Work, The More You Are Taxed
Working hard is the employee mindset. However, when you work for money be it your salary or payslip, you are in the highest tax quadrant possible. An investor can be taxed as low as 0%. A business can
localgrower
LeoFinance
5y
Financial Education #44: Whole Stole My Pension?
It is good financial practice to save money for a later day, a pension. Many of the baby boomer generation have followed this and saved large amounts of wealth in their savings. However, the hidden/shadow
localgrower
LeoFinance
5y
Financial Education #43: Pay Rise Trap
The pay rise trap. When we start earning more money, we have the opportunity to spend more money. However, this leaves us in a position where we aren't necessarily growing our wealth as our expenses are
localgrower
LeoFinance
5y
Financial Education #42: Your Personal Home Is Not An Asset
An asset, simply put, is something that puts money into your pocket. A liability is something that takes money out of your pocket. Common thinking is that you should save up for a house, as it is an asset.
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