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Hey Reader, Last week, I introduced you to "Lazy Cash" aka any money you haven’t given a job. Most people have some form of this because they aren’t aware there are 2 different kinds of money. What are the 2 kinds? 1. Investment Money is meant for long-term growth. Think stocks and real estate. You generally don't need this money soon, so you can invest it and accept that its value will go up and down. 2. Cash Money has a different job. It's the money you use to travel to Vietnam (I’m actually writing this on my flight to Vietnam right now), buy a new computer, or replace a broken fridge. But because Cash Money needs to remain safer and more accessible, most people assume it can't do much. But the rich optimize both kinds of money with a Cash Strategy. A Cash Strategy is a series of systems for putting your cash to work while keeping it available for what you need it for. In simpler terms, your cash continues working for you while it waits to be spent (and I'm not just talking about a HYSA). A proper Cash Strategy has 4 parts:
It took me years to realize this, but the rich have all 4 parts perfectly sequenced. Most people have only 1 or 2 of these pieces but the magic happens when you combine all the parts together. With a properly designed Cash Strategy, your cash can earn you more money automatically while still letting you access it whenever you need. And the best part, my Cash Strategy works for anyone. No stock market involved, no risk, and no experience needed. On Wednesday, I'm going to invite you to my FREE 4-day Workshop where I'll walk you through my complete Cash Strategy so you can finally put your Lazy Cash to work. Keep an eye on your inbox Wednesday :). Let's build, Vincent |
Every Sunday, I break down the one money story you need to know and tell you exactly what to do about it.