Spend Smart or Stay Stuck 💳
Too many people waste money on things that look good in the moment but do nothing for their future. Here are some principles worth following:
⏺The one-third rule: split income into three equal parts — debt, living expenses, and savings. It keeps you balanced and prevents disaster when life gets messy.
⏺Don’t fall for “spaving”: buying extra just to “save” on discounts or free shipping. It’s not saving if you didn’t need it in the first place.
⏺Quality over quantity: one durable item beats five cheap ones that break. In the long run, you’ll spend less and own better.
⏺Audit small leaks: track tiny, everyday expenses like snacks, subnoscriptions, or impulse buys. Add them up — that’s where your money disappears.
⏺Frugality is a skill: living with less teaches discipline, lowers stress, and frees you from chasing status symbols. True wealth is the ability to live on your own terms.
⏺Invest early and often: instead of piling up liabilities, put money into assets like stocks, crypto, index funds, real estate, or even your own small business. Compounding over years is the only real shortcut to freedom.
Most people don’t get stuck because they don’t earn enough. They get stuck because they spend wrong 😣
Too many people waste money on things that look good in the moment but do nothing for their future. Here are some principles worth following:
⏺The one-third rule: split income into three equal parts — debt, living expenses, and savings. It keeps you balanced and prevents disaster when life gets messy.
⏺Don’t fall for “spaving”: buying extra just to “save” on discounts or free shipping. It’s not saving if you didn’t need it in the first place.
⏺Quality over quantity: one durable item beats five cheap ones that break. In the long run, you’ll spend less and own better.
⏺Audit small leaks: track tiny, everyday expenses like snacks, subnoscriptions, or impulse buys. Add them up — that’s where your money disappears.
⏺Frugality is a skill: living with less teaches discipline, lowers stress, and frees you from chasing status symbols. True wealth is the ability to live on your own terms.
⏺Invest early and often: instead of piling up liabilities, put money into assets like stocks, crypto, index funds, real estate, or even your own small business. Compounding over years is the only real shortcut to freedom.
Most people don’t get stuck because they don’t earn enough. They get stuck because they spend wrong 😣
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In China, being blacklisted by the social credit or court system can strip you of essential digital access — including WeChat Pay. Without it, you can’t receive a salary, make payments, or use services that hundreds of millions depend on 🇨🇳
Young people affected by this move are being pushed into homelessness. They lose employment options, financial mobility, and basic access to life in a cashless society.
🟠 That’s exactly the kind of control crypto resists. With Bitcoin or Ethereum, there’s no central authority that can “turn off” your wallet and it impossible for you to manage your money or receive payments.
Young people affected by this move are being pushed into homelessness. They lose employment options, financial mobility, and basic access to life in a cashless society.
🟠 That’s exactly the kind of control crypto resists. With Bitcoin or Ethereum, there’s no central authority that can “turn off” your wallet and it impossible for you to manage your money or receive payments.
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5 biographical books that anyone interested in the world of finance should read 📚
These aren’t just stories about rich people, they’re portraits of obsession, risk, and how a few individuals reshaped global finance. Each one shows a different path to power 👇
🔖 Jesse Livermore: World’s Greatest Stock Trader — The rise and fall of a man who turned instinct into a trading system long before algorithms existed.
🔖 The Snowball: Warren Buffett and the Business of Life — A look inside the mind of the ultimate long-term thinker who built an empire on discipline and compounding.
🔖 Soros: The World’s Most Influential Investor — The story of a man who treated markets like a reflection of human psychology and bet on global shifts before anyone else saw them coming.
🔖 King Icahn: The Biography of a Renegade Capitalist — The unapologetic tale of how one investor weaponized capitalism itself, forcing companies to bend to his will.
🔖 The Harder You Work, the Luckier You Get: An Entrepreneur's Memoir — Joe Ricketts tells a story of how a normal kid took on the exclusive brokerage business on Wall Street, shook it up and walked away with a billion dollars.
These aren’t just stories about rich people, they’re portraits of obsession, risk, and how a few individuals reshaped global finance. Each one shows a different path to power 👇
🔖 Jesse Livermore: World’s Greatest Stock Trader — The rise and fall of a man who turned instinct into a trading system long before algorithms existed.
🔖 The Snowball: Warren Buffett and the Business of Life — A look inside the mind of the ultimate long-term thinker who built an empire on discipline and compounding.
🔖 Soros: The World’s Most Influential Investor — The story of a man who treated markets like a reflection of human psychology and bet on global shifts before anyone else saw them coming.
🔖 King Icahn: The Biography of a Renegade Capitalist — The unapologetic tale of how one investor weaponized capitalism itself, forcing companies to bend to his will.
🔖 The Harder You Work, the Luckier You Get: An Entrepreneur's Memoir — Joe Ricketts tells a story of how a normal kid took on the exclusive brokerage business on Wall Street, shook it up and walked away with a billion dollars.
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Season’s greetings, Coin Finance & Insights family! 🎄
As we celebrate Christmas, may your understanding deepen, your strategies sharpen, and your confidence grow. Thank you for your trust and engagement—greater insights and opportunities await us in the new year.
As we celebrate Christmas, may your understanding deepen, your strategies sharpen, and your confidence grow. Thank you for your trust and engagement—greater insights and opportunities await us in the new year.
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