MONEY ADVICE FOR 2020

As we begin a new year and a new decade this week, NOW is the time to see what you’re doing wrong with your money…and change it going forward.

Here are 3 simple things that 99% of Americans are doing WRONG:

#1 Quit trying to save your way to financial freedom

Earn MORE, don’t save...because it’s impossible to save enough money to ever get rich.

Here’s a secret: I didn’t get rich “saving”

Saving cash is like saving a legal pad — it’s worthless because money, like any paper, is only good when it’s used. If you leave money in savings too long, it disappears because of inflation.

When you save money, you begin to lose it with time. 

Which leaves me to point #2…

#2 Stop treating cash as King and start treating cash as TRASH

Quit saving money at the bank—get your money out of the bank and to work.

Money needs to make babies, to multiply; otherwise, you might as well spend it as soon as possible.

CashFLOW is actually King.

Here’s what to do with your cash: 

• Invest in yourself to increase your income
• Invest in your business to increase your income
• Invest in real assets that produce cash flow

Near San Francisco? Join Me HERE

#3 Use Your Home Equity to Create income

A home is not an investment, it is dead money so get it to work!

Your home equity is like a big pile of cash just sitting there…NOT multiplying.

So, this may seem extreme but you will thank me later—SELL YOUR HOUSE!

QUICK SPENDING TIPS FOR 2020 FROM YOUR UNCLE G:

1. If you can’t write it off, don’t buy it.
2. If the purchase won’t earn you money, don’t buy it.
3. If it doesn’t provide cash flow don’t buy or invest in it.
4. Do not keep cash around.
5. Do not spend money on days off.

Let’s make 2020 the year you not only get your finances right, but that you 10X.

I can’t wait to help you make it happen—the 10X Growth Conference is now just WEEKS away.

Join me, Kevin Hart, Magic Johnson, Scooter Braun and others for a weekend of great networking and fun!

Discover the best networking opportunities of the year ------> Details HERE

Be great,

GC

About Grant Cardone

CEO of CardoneCapital, international speaker, entrepreneur and author of The 10X Rule & creator of 21 best-selling business programs, Grant Cardone owns & operates seven privately held companies and a $1.4B portfolio of multifamily properties. Named the #1 marketer to watch by Forbes Magazine, Cardone is also the founder of The 10X Movement & The 10X Growth Conference, the world’s largest business & entrepreneur conference.