Billionaire Lessons from Jay-Z
It's official – Jay -Z is a billionaire. Hov rapped this milestone into existence years ago, so we aren't surprised to hear this news.
Here are three billionaire lessons that we can all learn from this self-made mogul:
Ownership Over Everything
Artists like Jay-Z get access to a path to wealth that includes ownership of their masters, investing in startups and companies, like Uber, and starting their own businesses.
The everyday person probably can't afford to invest in the next up and coming company. But your focus should be to build your net worth by stacking up savings and getting rid of your debt. Every time you pay off a loan or collection or increase your savings, then you are moving one step closer to more ownership.
Make Moves Today With Tomorrow In Mind
Your life choices may not seem as grand as choosing to start your own record label. But you can always make sure to look at the future impact of the financial choices you make today.
Sacrificing to save more in your emergency fund or contributing to your retirement fund means that you are moving with future you in mind. If you compare prices before making a purchase, then you are making a boss money decision that helps your pockets today and tomorrow.
Believe Beyond Today's Reality
Our motivation and inspiration behind our financial goals are the driving force behind our actions. Jay-Z dared to believe that he could do something that didn't make any sense to his life at the time. And he put the right action behind those beliefs.
When you have a strong belief in yourself and your vision, then you just move differently. Most importantly, you handle the roadblocks differently when you just know that you are capable of making your dreams happen.
A boy from the Marcy projects executed his dreams and became the first rap Billionaire. What's holding you back? Go ahead and create a plan to meet your financial goals. You got this.