The Secret To Success with Antonio T Smith Jr

We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve. 

https://mexitverse.com

Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world. 

#mexitnews

Daily Meeting - Personal Finance 16: You & Your Money Mind

• Antonio will be teaching how to build Twitter, PHP, and SQL for the tech side of the Mexit Special Internship
• When you are the majority, act like it
• When it comes to you, your money, and your mind, adopt a different attitude

Rich Dad, Poor Dad - Ch. 2: Why Teach Financial Literacy?

• An asset is anything that puts money in your pocket
• A liability is anything that takes money out of your pocket
• Anything that you’re spending money on
• The unemployment rate is not a real rate nor is it a real number
• The number is accurate for who your government decides is working class
• "Know what an asset is, acquire them and become rich."
• Your government doesn’t included everyone as middle class
• It’s not a metric for everyone

How Much You Need to Live Comfortably in 50 Major US Cities

https://www.gobankingrates.com/money/economy/cost-to-live-comfortably-biggest-cities-us/

• Middle class is judged by net worth, not income
• There is no middle class
• The global class has replaced the upper class
• There are 4 classes:

1. Poor
2. Middle
3. Upper
4. Global 

• The middle and upper classes have combined 
• You need to find some assets
• Go find $50,000 that you do not trade your time for

1. This is a state of emergency 
2. This is not a game

• That's it! Easy, huh? The trouble is that people are not properly taught how to spend their money. Many do not know the difference between an asset, something which puts money in your pocket, and a liability, something which takes money out of your pocket. Kiyosaki's main point is that the only way to become financially independent is to accumulate income generating assets which can pay for your expenses. However, many people rather buy a new car or an iPad (liabilities) instead of investing that money in stocks or real estate (assets). I recently posted an infographic which shows the difference in returns if you would have bought Apple stocks instead of one of their products.
• The fear of straying from the generally accepted life path plays a big role in the financial decision making process. However, if you do not want money to control you like it does most people, then you will have to do things differently from the crowd. Investing legend John Templeton seems to agree on this point.

2021 Poverty Guidelines

https://aspe.hhs.gov/topics/poverty-economic-mobility/poverty-guidelines/prior-hhs-poverty-guidelines-federal-register-references/2021-poverty-guidelines 

• If you own a business and have a job, that’s a family member
• Most people are in poverty despite how the government has classified them
• The 10X Rule will be the next book covered in the Personal Finance class
• Don’t spend your money
• Account for where you are and where your money is now
• All your money needs to funneled into real estate or something that acts like real estate
• Be where the government is protecting (stocks, real estate)

Betterment

https://www.betterment.com/ 

• Invest in betterment for 10 years

We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve. 

https://mexitverse.com

Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world. 

#mexitnews

Personal Finance 15: The Rich Don’t Work for Money

Scholarship

• $199
• 200 people only
• All money will be donated

Rich Dad, Poor Dad

• Wealth can only be bought or manipulated
• You can’t learn your way to wealth
• You pay for access
• The wealthy do not work for money
• Once you get off your knees from praying, you’ve got to get up and do math
• The only way to get wealthy in a capitalistic society is to already be wealthy
• Many people work very hard, but they never seem to earn enough. In Rich Dad, Poor Dad, Robert Kiyosaki explains how to escape this "rat race" and achieve financial independence. 
• Everybody should go to school, get high grades and then get a good job, right? Wrong! Well, at least if financial independence is what you are aiming at. Our education system is the number one cause of why so many people struggle financially. Schools teach people how to work for money, but they do not teach them how money can work for them. This lack of financial skills taught in school means that even highly educated people generally do not know how to handle money. The result is that the majority of people get trapped in work to pay their bills and are chasing paychecks all their life.
• This is the sad conclusion Robert Kiyosaki draws in his bestselling book Rich Dad, Poor Dad. Luckily, he also offers a way out. A way to get ahead. The fundamental trouble with working for money is that a job is a short-term solution to a long-term problem. People believe that if they get that raise, or get a new job they will finally have enough. However, if you do not know how money works, you can never have enough. Money alone will not solve anything, it will even get most people into more debt. So what is the secret to financial independence? Close the doors..
• If you’ve got the skills, you don’t need to draw a salary

Closing Thoughts 

• Don’t come to Antonio and learn; leave with a skillset
• Let’s get to the point where we don’t have to sell all day
• The goal is to take all of your money and put it into real estate
• Ask yourself if it’s possible that you can create a cost of living
• Stop trying to become millionaires 
• It forces you to do things that make no sense
• Just replace your income
• It’s perfectly fine starting small
• Buying wealth and creating assets to put into your bank account is what was taught today 
• Just because you’re doing well doesn’t mean you’re growing
• If you’re not doing better, you’re not doing well
• Create some assets for yourself 
• There are no mistakes
• People who don’t pay don’t pay attention
• Never ever think that when you invest in yourself, you’ve wasted money

We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve. 

https://mexitverse.com

Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world. 

#mexitnews

We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve. 

https://mexitverse.com

Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world. 

#mexitnews

We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve. 

https://mexitverse.com

Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world. 

#mexitnews

We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve. 

https://mexitverse.com

Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world. 

#mexitnews

Personal Finance 14: Tablets and Giving to the Church

The Clay Tablets from Babylon

https://financialducksinarow.com/1458/the-clay-tablets-from-babylon-the-richest-man-in-babylon-pt-8/

• Two clay tablets are always more valuable than 10 bags of gold
• Your debts should be paid 20% of your earnings; take care of your debtors in proportion
• When you repay your debts, you change the narrative to whomever you just paid
• If you have money troubles right now and have been that way for longer than 6 months, you are very inconsistent 
• Inconsistency comes from a warped self-view of yourself
• Money issues is a heart issue
• To repay your debts is equivalent to always being on time
• There’s no such thing as procrastination; it’s just not high on your priority list
• If you’re broke but are always on time, you can fix your money issues in an instant
• The more polarized you are, the more self aware you are and the more in an instant can you change
• It is polarity that does work

Financial Breakdown

1. 10% — Save
2. 20% — Debt
3. 70% — Cost of living

• You cannot activate God’s blessings by giving to God but not give to yourself 
• If you’re whole for God but not whole for yourself, you don’t have a ministry 
• Faith is for moving forward. Testimony is for looking back. Praise is for both.
• You need faith to get started and faith to keep going
• Your testimony is your harvest
• Praise to go forward, or you will run out of energy and praise to look back.
• Psalm 3 (KJV)
• You look back to remember God got me through something.

We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve. 

https://mexitverse.com

Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world. 

#mexitnews