New Year, New Budget Rules!
Wealth Starter Kit Freebie + 10 Money Tips for 2025
Welcome to 2025! If you’ve already broken your first New Year’s resolution (no judgment), don’t worry—there’s still time to start fresh. And who better to learn from than the titans of tech? These folks didn’t just stumble into wealth; they worked smarter, thought bigger, and embraced some unconventional ideas about money. Let’s dive into their insights and see how they can level up your financial game this year.
Did You Grab Your Free Wealth Starter Kit?
Before we jump in, a quick reminder: we’ve got a free ebook, Wealth Starter Kit, packed with tools and tips to help you kick off your financial journey. We shared it in last week’s newsletter, but in case you missed it, we’re attaching it again. Consider it our way of helping you crush those 2025 money goals! Download it and thank us later.
10 Money Tips From People Who Get It
1. “Don’t spend money you don’t have to impress people you don’t like.” – Mark Cuban
Why are we buying overpriced gadgets or trendy outfits just to get a few likes on Instagram? This advice is about financial freedom. When you stop caring what others think, you start making choices that actually benefit you.
Keeping up appearances is exhausting and expensive. By cutting unnecessary expenses, you’ll have more money for things that truly matter—like building your savings or investing in your future.
Sit down with your budget and play detective. Find those sneaky expenses (like unused subscriptions or impulse buys) and redirect that money toward your financial goals. Nobody cares about your new phone as much as you think they do.
2. “If you wouldn’t hold a stock for 10 years, don’t own it for 10 minutes.” – Jeff Bezos
As much as this lesson is about stocks, it’s also about patience. Amazon was not built by chasing trends, and most often, you shouldn’t either. Whether it’s an investment, a career move, or a big life decision, think long-term.
The markets (and life) can be wild. Chasing the next shiny thing is tempting but rarely pays off. A solid long-term strategy? That’s where the real wins are. Before making any financial decision, ask yourself: “Will I still want this in a decade?” If the answer’s no, walk away. Your future self will thank you.
3. “If you can’t sleep because you’re worried about money, you’re doing it wrong.” – Elon Musk
Elon Musk may seem like he never sleeps, but when he does, he’s not stressing about his bank account. This advice is simple but powerful: if your finances are keeping you up at night, something’s gotta’ change.
Stressing about money doesn’t just mess with your sleep; it affects your health, relationships, and overall happiness. Financial peace of mind is priceless. Start with an emergency fund. Aim for three to six months of expenses saved up. Then, take a hard look at your debts and investments. If they’re causing you anxiety, it’s time to reassess.
4. “Understand that money is a tool, not a scorecard.” – Jack Dorsey
Money isn’t about racking up points; it’s about what it can do for you. Jack Dorsey’s approach reminds us to focus on using money to build a life we love, not just to show off.
In 2025, let’s ditch the “compare and despair” game. Instead of worrying about how much others have, think about how you can make your money work for you. Write down three things you want your money to accomplish this year. Maybe it’s taking a dream trip, starting a business, or saving for a house. Use these goals to guide every financial decision.
5. “It’s better to own a small piece of something big than a big piece of something small.” – Marc Andreessen
Know the value of thinking big. You don’t have to own 100% of something to win. Sometimes, teaming up and owning a slice of a larger pie is the smarter move.
Whether you’re investing, starting a business, or collaborating on a project, partnerships can take you further than flying solo. This year, look for opportunities to collaborate. Maybe it’s a joint investment or starting a side hustle with a friend. Remember, teamwork makes the dream work.
6. “Earn with your head, not your hands.” – Naval Ravikant
Working smarter, not harder. Use your brainpower to create scalable income streams rather than trading time for money. In 2025, automation and tech are your best friends. The more you can leverage tools, systems, and your unique skills, the more time and freedom you’ll gain. Find passive income opportunities, like creating digital products or investing in real estate. The goal is to work once but earn forever.
7. “Save like you’re poor; invest like you’re rich.” – Steve Wozniak
Live frugally so you can invest boldly when the right opportunity comes along. Inflation isn’t going anywhere, and neither are unexpected expenses. Saving gives you stability; investing gives you growth.
Automate your savings and investment contributions. Treat them like bills you can’t skip. And don’t forget to celebrate your frugality with a small treat every now and then—you’ve earned it.
8. “Money should flow, not sit still. Be intentional about where it goes.” – Tony Hsieh
Keeping money in motion. Invest, pay off debt, give to causes you care about. Idle money is wasted potential. Money that sits still loses value over time (hello, inflation). But when you put it to work, it grows and creates impact.
Review your accounts. If you’ve got cash just sitting there, decide where it can do the most good. Invest, pay off a chunk of debt, or fund something that sparks joy.
9. “Scarcity mindset is the enemy of wealth creation.” – Marc Benioff (Salesforce)
Thinking there’s never enough is a one-way ticket to missed opportunities. When you believe in abundance, you’re more willing to take bold steps—investing, starting a business, or giving back. Challenge scarcity thinking by practicing gratitude. List three things you’re thankful for every day. It sounds cheesy, but it works.
10. “You don’t build wealth in a vacuum. Build partnerships.” – Travis Kalanick (Uber)
Travis Kalanick’s success with Uber was built on partnerships. Wealth grows faster when you have a team of people with complementary skills and shared goals.
In 2025, collaboration is key. Teaming up can take you further than going it alone. Focus on building your network. Attend events, join online communities, and find people who inspire you. Together, you can create something amazing.