What is the Difference Between Long Term Money and Short Term Money? Why Is This Important?

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What is the Difference Between Long Term Money and Short Term Money? Why Is This Important?
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Thank you for telling me to pay myself first at least something every month or paycheck!

AsianPersuationx
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This was a great segment of the stream. This is The Game, folks. If you want to do well, you have to play it, and this is good advice when it comes to playing The Game.

These kinds of tips, for instance, can help get you out of budget computers and into the xx70 and xx80 tier. The kinds of tips that can help you afford 3090s, even at ridiculous prices, even if you hate money and have no intent to mine with it, ever.

ElladanKenet
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Step 1: Get your fundamentals down where you’re making enough money to support yourself with some left over. Step 2: Establish savings so that you have a cash buffer to cover emergencies and stop living paycheck to paycheck. Step 3: Make sure you take advantage of employer 401K matching to make sure your retirement accounts are on the right track. Step 4: Begin investing money in assets that appreciate, not depreciate. This can be crypto, the stock market, your house or other real estate, etc. Your work income will cover your day to day living expenses, but generating passive income is what really creates wealth.

Holding low interest debt is good when you can use the cash you would have spent to make more money than you lose due to that interest.

asdf
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Just keeping track of your money, and having self control can do wonders.
Always try to leave some extra money on the side, doesn't matter how much as long as you keep it up.

ANGES
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still, you need a certain ammount of money to get started

silentsnake
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The only thing though is a. will those coins fail and you are in a situation where you can't access your money and if there is a crypto crash will those high interest rates get cut by more than half?

niciassmith
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You need 40000usd staked before you can earn 14 percent. Do you guys have the icy white/frosted gold card?

MegaUnavailableusern
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Hey tech. How do you go about investing $50, 000 like you did in this video? Can you explain the process?

aktham
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Wow! Intrest rates are so lower in america than India 🤦🏻

LoneWolf-tkem
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3% is a good interest rate???

I’d be horrified by 3%, tell the dealer to insert his credit agreement into himself, sideways!

ARCWoodCraft
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Don't think poor. Risk much when you have little to lose. Risk little when you have much to lose.

dontsupportrats
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I was able to get lucky an invest in some Rolex before the watch market explosion due to crypto I’d make nice returns if I was to sell now. I turned $200 into 30k+

kaylanwood
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No disrespect to you, yes elon can have money at low rates tomorrow but for that he worked hard, we often take rich as their life would have been easy.

daa
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Wow! Intrest rates are so lower in america than India 🤦🏻 no wonder why half of our population live in poverty

LoneWolf-tkem