While you may be able to earn more by working harder, working smarter or making better decisions, there will come a point where the amount of money you can make goes up at a much slower rate than the amount of effort you can put into it. The key here is understanding when this happens because once it does, it's time to money on to something else that will provide better returns on investment over time and energy. To build wealth, you must first set financial goals that are specific and measurable

#wealth #generationalwealth

@jsmwang
J Wang
@jsmwang · 1:35
There's so many possibilities there, but I guess how would you recommend getting started in terms of investments? Oh, gosh, I have one investment, I think, somewhere, but, yeah, I don't really know too much about it, so I kind of just find people that I trust and I just do what they tell me to do. But yeah, I would love to hear any and all advice you have and looking forward to hearing more swells from you on this topic. Thanks
@rcumberbatch
ricardo cumberbatch
@rcumberbatch · 3:58

@jsmwang

The other thing is, research is always the best way to go. Friends tell you things. You always hear someone say, go buy the stock, it's going to go up tomorrow. Then you go buy the stock and it goes down. So I think one has to kind of look at it from that perspective. Do your own research. On budgeting, I'm kind of old school. I like spreadsheets
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