Here’s a financial literacy tip: Download Robinhood (investing, buying, and trading app)
That $150 shoes that you were going to buy and wear it only once every 3 months? Go buy a $150 worth of that shoe brand’s stock, that money has the potential to grow twice or maybe three times the amount that. And you know you are going to make money because you love the brand and you know others do too, now that becomes your inside trading knowledge and decision-maker on what stocks to buy or not to buy. And you will actually have the power to vote on major company decisions. (You become an owner of your favorite shoe brand, I think that’s cool!).
That $20 marijuana bag that you were going to buy? Go buy stock in a marijuana company, do that every other day like you buy weed? That’s $520 worth of stocks in one of the fastest-growing industries, do that for 10 years? That’s $5,200 of your money, not the money you will make of your stake in the company, you could be looking at nearly triple or more of your money if the market is right. To put that in numbers $5,200 X 3 = $15,600. And it may even be more than that. It’s possible.
That $50 VC points that you were going to buy for your Myplayer on NBA 2K? Go buy stock in Rockstar Games, which owns 2k. Now you are making real money while also playing your favorite game.
That roughly $20 you spend a week buying vape pods? Go donate that money to a local homeless shelter or your favorite charity or nonprofit. Giving is also receiving.
Now, the social media followers and likes you receive? Starting learning how to make money on those. A lot of companies will pay a great deal of money to reach people through your Chanel or account.
IT IS THE AGE OF INFORMATION, let’s not waste it!
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