Bossed Mobile

Say you get paid 10$/h at work.

🔷 A cup of coffee isn't $5 - it's 30 minutes of your life.

🔷 That new iPhone isn't $1300 - it's 130 hours your life.

🔷 That new car isn't $85,000 - it's 8,500 hours of your life.

Your thinking shapes your reality!

The Paradox: Why We Splurge on Stuff But Shy Away from Investment. We often rush to buy new possessions that provide immediate joy. However, consider this: investing may not give you an instant thrill, but it holds the potential to nurture substantial wealth over time.

“Professional athletes are a cautionary tale of how sudden wealth can disappear. Nearly four out of five NFL players face serious financial stress after having been retired for two years, Sports Illustrated reported in 2009. And that figure has only increased. In 2015, nearly 16% of NFL players filed for bankruptcy within the first 12 years of retirement, according to the National Bureau of Economic Research. The lesson here? “Just chill. Don’t make any major decisions or big commitments. Let things digest”.”

The $2 billion Powerball winner is making the worst mistakes financial planners warn people of after they come into a ton of money Lottery winner Edwin Castro has bought three multi-million dollar mansions and a vintage Porsche since collecting his prize in February.

Making money is not enough. You need to understand:

1. How to acquire more of it

2. How to effectively manage it

3. How to efficiently keep it

Why 99% of people fail to get rich:

- Impatient
- No budget
- Don't invest
- No discipline
- Have bad debt
- Live to impress
- 1 income stream
- Fear of taking risks
- Low-quality friends
- No financial literacy
- No high-income skills
- Stuck in the comfort zone

What else?

Never live bigger than your paycheck.

Managing and Reducing your spending is a good way to begin your path to financial freedom; however, the most effective way to make a big difference is by Earning more (ie by developing a skill that pays well, etc.). So, along with saving money, put emphasis on boosting our earnings.

https://www.wsj.com/articles/the-scary-math-behind-the-worlds-safest-assets-a22069f9

The Scary Math Behind the World’s Safest Assets Washington has laid the seeds of a crisis that Wall Street can no longer ignore.

The absolute best way to manage one’s finances is to make much MORE money!

Financial Literacy designed to help you secure your financial future. Get BOSSED! today. www.bossedmobile.com/subscribe.html

• Earn more
• Save more
• Invest more
• Protect more
• Plan spending more

In this article, I examine the basics of what you need to know about starting a Business.

What are your thoughts? Please leave a comment or your thoughts on or tips to starting a successful business.

http://www.bossedmobile.com/wordpress1/2021/07/01/bossed-a-financial-literacy-publication-quarter-3-2021-vol-3-issue-3/

As part of The Money 5 principal, it’s important to learn how to protect your money. A tempting investment you should avoid is low interest rate savings accounts or instruments. When you combine any service fees along with inflation, over time you may actually end up losing money verses growing your investment.

As part of The Money 5 principal, it’s important to learn how to protect your money. A tempting investment you should avoid is Whole Life insurance. These policies costs substantially more than term insurance. It's also important to note that since whole life policies cannot be cashed out, you can't use them as collateral if you decide you need money from your investments in the future. Additionally, if someone dies before their policy expires (which often happens with whole life policies), their beneficiaries only receive a fraction of what they were expecting because of how much this type of insurance costs. You would get better growth potential from investing in other funds or stocks over time.

In this article, I examine the basics of what you need to know about withholding taxes.

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Financial Literacy helps you secure your financial future for you, for your family, and for your business. Get BOSSED today! www.bossedmobile.com/subscribe.html

• Earn more
• Save more
• Invest more
• Protect more
• Plan spending more

BOSSED…Build On Sustainable Success Every Day.



http://www.bossedmobile.com/wordpress1/2021/07/01/bossed-a-financial-literacy-publication-quarter-3-2021-vol-3-issue-3/

Financial Literacy helps you secure your financial future for you, for your family, and for your business. Get BOSSED today! www.bossedmobile.com/subscribe.html

• Earn more
• Save more
• Invest more
• Protect more
• Plan spending more

BOSSED…Build On Sustainable Success Every Day.



http://www.bossedmobile.com/wordpress1/2021/07/01/bossed-a-financial-literacy-publication-quarter-3-2021-vol-3-issue-3/

BOSSED, a Financial Literacy publication. Quarter 3, 2021, Vol 3, Issue 3 – BOSSED Posted on July 1, 2021July 24, 2021 by BOSSED MobileBOSSED, a Financial Literacy publication. Quarter 3, 2021, Vol 3, Issue 3 Now available for purchase. Purchase 1 issue, 2 issues, 1, 2,or 3-year subscriptions today. Choose from the Print version delivered to your mailbox or the Digital version (fu...

Happy Thanksgiving 🦃🍁🍽

https://www.cnbc.com/2022/11/17/half-of-millennials-say-weddings-are-getting-in-the-way-of-their-goals.html

Nearly half of millennials and Gen Z say weddings and social events are getting in the way of their money goals Millennials say financial stress is keeping them up at night, but they're not doing everything they could to manage their money bette