@donovanwcarter ‘s character on #hboballers is the perfect example of what we don’t want with our athlete’s financial management. However – Donovan the actor, in real life is THE PERFECT example of the type of men that are changing the game for their families for the next few generations. He put ego aside and reached out to learn more about investing from me. Since then he has been on a tear! Watch his story, he will generate wealth and sustain it because he is turning his financial thermostat up to wealth.
The best way to describe financial literacy is this quote: “The only way to permanently change the temperature in this room is to reset the thermostat. In the same way, the only way to change your level of financial success is to “permanently” reset your financial thermostat!”
Reset it from broke to a millionaire. All the info is free out there. Generate passive income. Study it. Pay yourself first. “Your Income Can Grow Only To The Extent You Do! Money is a result, wealth is a result. The key to Wealth is to get your passive income to exceed your expenses.”
Making a lot of money and being wealthy is not the same. Wealth is when your passive income exceeds your expenses and you don’t have to work. Then you can focus on giving this planet all the beautiful things inside you – for free.
But how do you generate passive income? OWNERSHIP. Owning companies, stocks, bonds, real estate, etc. thanks for being a part of the movement Donovan, big things in store for our entertainers as well as athletes. Keep an eye out on this guy.