The Money Game All People Should Play Now, Short Term And Long Game
What’s Good Wealthbuilderz
It’s yah boy DeVaughn back again with another video today we are talking about The Money Game All People Should Play
So let’s go!!
When it comes to money financial gurus always say things like making money is a game or you gotta learn the rules to making money because it’s a game.
They are right with these sayings but my thing is no one says what is the game you should play and the rules to the game.
I’ve come to tell you what the rules are and hopefully clear up some misconceptions.
Ok so you must play The Right Now Money The Short Term Money And Long Term Money Game. There is three parts to the game. So let’s start with the right now money game. The right now money game is your job or income that comes in on a weekly or bi weekly basis. This is your catalyst cash.
You take this money use it to build your short term income. Short term income is usually 3-6 months before it starts to bring a return. I come to think of it in the forms of real estate flipping. Website creation, Youtube channels when you first start them. Ecommerce websites and any business you can start online. This will usually start bringing income in around 6 months to a year depending on your work ethic and smarts.
Now once you get your short term income business rolling then you will take a portion of your income and invest into long term investments. These i investments are usually 3-5 years out before they start to bring any type of financial gain. For instance you can buy stock that pay dividends. You can invest in startups. Crowd fund real estate deals or even start a brick n mortar business like a laundry mat. If you want to find out more about how To Start a laundromat click here.
So again there are three games you need to play with your money
Right Now, Short Term and Long Game. Until next time Wealthbuilderz
It’s yah boy DeVaughn
Signing off.