Jason Leow

Big lesson about money: Capital income > earned income

“Earned income (aka your paycheck) is the hardest type of income to earn and the most heavily taxed. The wealthy understand this, which is why the bulk of their income comes from assets, which are taxed significantly less.”

"How do the rich pay almost no tax?

Most don’t take a salary. They understand that earned income is taxed at a high rate.

They invest in assets such as stocks and real estate and never sell. An asset that isn’t sold can’t be taxed."

– @basicfinancialliteracy_patrick

- Useful > viral - your audience don't need it to go viral, but they need it to be useful

- Not publishing the same day I write a tweet made a huge difference. I often draft a tweet, leave it there and come back to it the next day or many days after. I keep tweaking it from time to time until it feels right.

"Retirement is not determined by age. Retirement is when your assets pay all of your bills and support your lifestyle. You won't have to work until you're in your 60s if you just get serious about your money now."

"Earned income (aka your paycheck) is the hardest type of income to earn and the most heavily taxed. The wealthy understand this, which is why the bulk of their income comes from assets, which are taxed significantly less."

""How do the rich pay almost no tax?

1. Most don't take a slaary. They understand that earned income is taxed at a high rate.

2. They invest in assets such as stocks and real estate and never sell. An asset that isn't sold can't be taxed."

2020: ok i will launch my project this year
2021: ok i will launch my project this year
2022: ok i will launch my project this year

The problem is, you think you have time.

https://twitter.com/jasonleowsg/status/1490958603146117123

I realised the best indication that you have enough restful sleep isn’t when you wake, but during the day. If I didn’t feel sleepy during the day or need naps, that means sufficient restful sleep.

It's a scroll-to-top floating button, useful especially for long-scrolling Carrd sites on desktop. I made this for one of my social good projects and thought it'll be useful too for the rest of the Carrd community.

https://scrolltotop.carrd.co/

One of my free accordion plugins just broke (what luck!). A script got outdated.

If you had used it for your site, check out the fix here:

https://accordionfaqs.carrd.co/

- feeling more comfortable in my Twitter skin these days, been trying more straightforward tweets than overly-crafted witty ones. Seems to be working!
- need to GET ON with batch writing tweets for the whole week!
-

I’d been sampling many twitter scheduling tools lately - Typefully, Threadstart, Black Magic, tld.rip, Typeshare.

After using these tools on my own tweets over the past few months, I’m starting to have my own preferences on what a Twitter scheduling tool should do for me.

Here’s my feature list wish for my ultimate Twitter scheduler...

Demo: https://scrolltotop.carrd.co/

Get for free: https://carrd.co/buy/d41660de388c316b

Demo page: https://scrolltotop.carrd.co/

Next: Launching this new free plugin soon!

https://www.instagram.com/p/CZqTA7ElgRU/

Since I need to get more serious about my money habits as part of #30daysofmoney, money automation should play a big part of my money habit systems.

Not just savings, but also investing. Investing in myself, my company, and in stocks/crypto.

• Investing in myself - automatically moving some money into a bucket for courses, ebooks, info products.
• Investing in my company - I noticed I would keep the profits and not reinvest it to grow my products. What if I could set aside a bucket of cash for hiring a part-time virtual assistant, or to buy Facebook ads? What would I experiment in if I had that budget?
• Investing in stocks - I’d always seen investing in stocks and other financial assets as a lot of work that I’m not interested in. But there’s investments that doesn’t require me to do extensive research or track the markets daily like a day trader. Just buy, and hold for a decade. Investing in stocks also doesn’t require huge sums of money upfront. I found an app called SNACK that allows for small amounts of investing, as little as $1 each time. I got to treat it like a monthly SaaS subscription - stocks or assets that I just automatically buy at fixed times on fixed budgets

https://www.instagram.com/reel/CZno5_olq0r/

Learning and building good money habits and mindsets, to allow for wealth to enter your life.

Crazy never got more than 80k impressions before!

I just set a goal called Mind My Millions to develop good money habits and mindsets.

To make my learning more intentional, I’m going to do a #30daysofmoney challenge.

The endgame at the end of 30 days is to implement:
• A millionaire habit system
• A system for managing money
• A plan for investing

Each day for 30 days, I will apply and act on ONE tip or lesson, to make it real. 1% compounding streak ftw.

Will also write about my learnings here on Lifelog - not daily though. Probably weekly, but no fixed day that will happen. I want to let the lessons unfold naturally instead of forcing it.

I also started a Mind My Millions Telegram chat group (https://t.me/+0bferhGepMljZDRl) to make the learning experience more social by posting the one tip, and also to learn from others. Planning to invite folks who I want to learn from to it. It’s all part of leveraging on social accountability, social influence, collective wisdom and a way to shift identity by immersing in the wealth subculture.