The Wolf Den #235- A Penny Saved Is A Penny Earned
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This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COI bought more Bitcoin yesterday. This is the foundation of my reasoning:"Do not save what is left after spending, but spend what is left after saving.“ – Warren BuffettSaving your money and protecting your wealth is the cornerstone of responsible financial planning and changing your habits to make this a priority is a must. Any small business owner knows that the best way to have larger margins is often to cut expenses and save more. Saving is a powerful tool."A penny saved is a penny earned.” – Benjamin Franklin Many people live paycheck to paycheck and have no savings. For most, this is unavoidable with their present earnings and expenses and is a reality that they will struggle with throughout their lives.Some others don’t realize that the difference between struggling each day and accumulating wealth could be as simple as making coffee and meals at home every day instead of going to Starbucks and eating out.Here’s a simple example, based on a friend of mine that I had in my 20s. This guy (like me) had no savings and was living check to check. He always complained that he had no money.He bought 2 Starbucks coffees a day and went out drinking in NYC 2-3 nights a week. For anyone who has ever been to New York, you know that a “cheap" night out can easily cost $100.Let’s estimate that he was spending $3,000 a year on coffee when he could have just had it at work (for FREE) and at home. Let’s say he would have spent $1,000 a year instead. He could have saved $2,000 a year.$2,000 a year earning 5% interest (conservative in the stock market) saved for 40 years (until he is 65) would be $14,079.98 when he retires. That’s JUST the savings on coffee for 1 year, invested. 7x on his money for the price of drinking coffee at home or work.Going out one less time each week would have saved him roughly another $5000 a year. A few more meals at home? A few more thousands of dollars.Do this for a few years and you can literally have hundreds of thousands of dollars more when you retire - if not millions.There’s nothing wrong with spending money on the things that you love. The only true reason to make extra money is to buy more time and experiences and to use it as a tool to help enjoy your life. That said, cutting out small, unnecessary expenses can be the difference between a comfortable retirement and a lifetime of stress.I choose comfort.I also choose to put a significant amount of those savings into Bitcoin, because we all know that you can no longer save dollars.Chart Request live stream today at 2 PM EST. Please follow the rules. I cannot take requests at any other time, so if you send them during a different window they may not get charted. Remember, no more email requests.1 chart per person, per weekSubmit your request between now and 1 PM EST.You can only submit your request through the link below.If it is not on TradingView, there is a chance I will not able to chart it.I can not guarantee I will do your chart, I will do my best.Chart Request FormHere is the link to the livestream:https://www.youtube.com/watch?v=DmbYlL1yrj4In This Issue:A Penny Saved Is a Penny Earned6 Impressive Facts About Doge - IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsBitcoin’s Energy Consumption Is All About PerspectiveA Doge Listing Is Driving Price UpNews And Analysis VideoMy Recommended Platforms And Tools
The Wolf Den #235- A Penny Saved Is A Penny Earned
The Wolf Den #235- A Penny Saved Is A Penny…
The Wolf Den #235- A Penny Saved Is A Penny Earned
This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COI bought more Bitcoin yesterday. This is the foundation of my reasoning:"Do not save what is left after spending, but spend what is left after saving.“ – Warren BuffettSaving your money and protecting your wealth is the cornerstone of responsible financial planning and changing your habits to make this a priority is a must. Any small business owner knows that the best way to have larger margins is often to cut expenses and save more. Saving is a powerful tool."A penny saved is a penny earned.” – Benjamin Franklin Many people live paycheck to paycheck and have no savings. For most, this is unavoidable with their present earnings and expenses and is a reality that they will struggle with throughout their lives.Some others don’t realize that the difference between struggling each day and accumulating wealth could be as simple as making coffee and meals at home every day instead of going to Starbucks and eating out.Here’s a simple example, based on a friend of mine that I had in my 20s. This guy (like me) had no savings and was living check to check. He always complained that he had no money.He bought 2 Starbucks coffees a day and went out drinking in NYC 2-3 nights a week. For anyone who has ever been to New York, you know that a “cheap" night out can easily cost $100.Let’s estimate that he was spending $3,000 a year on coffee when he could have just had it at work (for FREE) and at home. Let’s say he would have spent $1,000 a year instead. He could have saved $2,000 a year.$2,000 a year earning 5% interest (conservative in the stock market) saved for 40 years (until he is 65) would be $14,079.98 when he retires. That’s JUST the savings on coffee for 1 year, invested. 7x on his money for the price of drinking coffee at home or work.Going out one less time each week would have saved him roughly another $5000 a year. A few more meals at home? A few more thousands of dollars.Do this for a few years and you can literally have hundreds of thousands of dollars more when you retire - if not millions.There’s nothing wrong with spending money on the things that you love. The only true reason to make extra money is to buy more time and experiences and to use it as a tool to help enjoy your life. That said, cutting out small, unnecessary expenses can be the difference between a comfortable retirement and a lifetime of stress.I choose comfort.I also choose to put a significant amount of those savings into Bitcoin, because we all know that you can no longer save dollars.Chart Request live stream today at 2 PM EST. Please follow the rules. I cannot take requests at any other time, so if you send them during a different window they may not get charted. Remember, no more email requests.1 chart per person, per weekSubmit your request between now and 1 PM EST.You can only submit your request through the link below.If it is not on TradingView, there is a chance I will not able to chart it.I can not guarantee I will do your chart, I will do my best.Chart Request FormHere is the link to the livestream:https://www.youtube.com/watch?v=DmbYlL1yrj4In This Issue:A Penny Saved Is a Penny Earned6 Impressive Facts About Doge - IntoTheBlockBitcoin Thoughts And AnalysisAltcoin ChartsBitcoin’s Energy Consumption Is All About PerspectiveA Doge Listing Is Driving Price UpNews And Analysis VideoMy Recommended Platforms And Tools