John | Millennial Wealth @johnhenry0804 Twitter profile

Pinned Tweet

John | Millennial Wealth

5 months

The math behind becoming a millionaire: - Investing $125 a week for 30 years. - Investing $350 a week for 20 years. - Investing $630 a week for 15 years. It sure isn't easy. But it is easier than winning the lottery.

37

8

140

Last Seen Profiles

@JadeAnouka

@shikimi_hiiragi

@k_scott35

@bokeplokalmalam

@d1trae_

@KodaFM

@AllenInstitute

@ceebee31067

@stw_pdg

@AMINABankGlobal

@BleedingFool

@CajalNeuro

@nyajeans

@stw_pdg

@FR35H_tv

@m_a_wood_

@L_Activiste226

@Bananahamaccc

@gajumaru6_13

@z8823401782866

@bokeplokalmalam

@ji_ren_ma

@BridgettFr63713

@DeeptiPillai_S

@ismart_hari6

@ma_apx

@geoffbraterman

@amo__ore

@berniecahill50

@George350154393

@nurnochstraight

@hinamicoco

@Ufukraya_

@Tireebirder

@abushamehbdor

@OnTheRadarRadio

John | Millennial Wealth

@johnhenry0804

7 months

True wealth is not: • Big yachts. • Private planes. • Red Lamborghinis. True wealth is: • Going on a hike at 9am on Wednesday. • Seeing a movie at 12pm on Friday. • Sleeping in any day you want.

291

272

3K

John | Millennial Wealth

@johnhenry0804

9 months

Parents selling homes to children Now a thing. See it in the mortgage biz. Recent example: •Parent ready to retire •Home worth $600k •Sold to kid for $480k Perks: •No down payment •Kid now a homeowner •Property stayed in the family This is happening A LOT.

261

198

3K

John | Millennial Wealth

@johnhenry0804

10 months

@WallStreetSilv The mortgage is now the asset. No one wants to get rid of their 3% rate.

80

82

2K

John | Millennial Wealth

@johnhenry0804

8 months

For the homeowners. My old heater went out. Needed a new one. 1st quote: $9,100 Said I was "shopping around." His new offer (5 mins later): $7,400 Always negotiate.

114

22

632

John | Millennial Wealth

@johnhenry0804

8 months

Life hack: Job hop every 2-3 years to maximize your pay.

106

37

575

John | Millennial Wealth

@johnhenry0804

5 months

@money_cruncher This affects everyone.

5

10

575

John | Millennial Wealth

@johnhenry0804

7 months

Most retire at 65. Most live to be 77. 45yrs of work & a few years of freedom? We have to CHANGE this thinking.

125

56

466

John | Millennial Wealth

@johnhenry0804

2 months

True wealth is not: - Big yachts - Private planes - Red Lamborghinis True wealth is: - Going on a hike at 9am on Wednesday - Seeing a movie at 12pm on Friday - Sleeping in any day you want

85

29

382

John | Millennial Wealth

@johnhenry0804

7 months

It's not where you begin. It's where you end. At 18: I went to college. At 19: I quit college. At 20: I sold phones in the mall. At 24: I became a manager. At 25: I tried college again. At 27: I quit college again. At 28: I got fired. At 29: I was depressed. At 30: I got fat.

56

33

337

John | Millennial Wealth

@johnhenry0804

7 months

Why invest aggressively in your 20s, 30s? Because working at 70 sounds aweful.

71

33

309

John | Millennial Wealth

@johnhenry0804

5 months

True wealth is not: • Big yachts. • Private planes. • Red Lamborghinis. True wealth is: • Going on a hike at 9am on Wednesday. • Seeing a movie at 12pm on Friday. • Sleeping in any day you want.

69

26

296

John | Millennial Wealth

@johnhenry0804

8 months

Instead of square dancing Public schools should teach: •Buying a home. •Starting a business. •Investing your money.

70

26

252

John | Millennial Wealth

@johnhenry0804

7 months

A common retirement plan: 20s: No plan 30s: No plan 40s: No plan 50s: Panic 60s: Panic 70s: Panic A better retirement plan: 20s: Save & invest 30s: Save & invest 40s: Save & invest 50s: Enjoy 60s: Enjoy 70s: Enjoy

46

30

242

John | Millennial Wealth

@johnhenry0804

7 months

US Areas with no State Income Tax: • New Hampshire • South Dakota • Washington • Tennessee • Wyoming • Nevada • Florida • Alaska • Texas Would you live in these places?

149

15

224

John | Millennial Wealth

@johnhenry0804

4 months

A common retirement plan: 20s: No plan 30s: No plan 40s: No plan 50s: Panic 60s: Panic 70s: Panic A better retirement plan: 20s: Save & invest 30s: Save & invest 40s: Save & invest 50s: Enjoy 60s: Enjoy 70s: Enjoy Get started today.

52

21

225

John | Millennial Wealth

@johnhenry0804

6 months

Job hop every 2-3 years to maximize your pay. What's the most common reward for job loyalty? • More work • 2% - 3% raises • Plastic trophies If you’re great at what you do, why stick around? Make 2024 a year you bet on yourself. A year you get the 20% or 30% raise you

75

12

222

John | Millennial Wealth

@johnhenry0804

9 months

Skip student loans Employers stepping up. Degrees now FULLY COVERED by: •Chase •Verizon •Tmobile •Fedex •Pepsi All have an agreement with University of Arizona. Perks: •Fees fully covered •Part time classes online •Complete at your own pace Hopefully a new trend.

42

18

188

John | Millennial Wealth

@johnhenry0804

10 months

Parents selling homes to kids This is a thing. See it in the mortgage biz. Works like this: •Parents sell at a discount •Wrap in costs Kids enjoy: •Lower property tax •No down payment •No closing costs Parents retire with their cash. Kids get a sweet deal. Win Win.

30

6

182

John | Millennial Wealth

@johnhenry0804

8 months

Parents selling homes to children. No down payment needed. This is how it works:

73

20

183

John | Millennial Wealth

@johnhenry0804

5 months

Parents selling homes to children. No down payment needed. A popular option:

72

13

164

John | Millennial Wealth

@johnhenry0804

9 months

@unusual_whales You can live paycheck to paycheck at any wage.

4

5

160

John | Millennial Wealth

@johnhenry0804

6 months

At 18, I told my mom I would be a millionaire in my 30s. She laughed and said “good luck”. My mom raised my brother and I alone. We lived in a low income area. At 19, I sat in Barnes and Noble & read all their books on money. This is what I learned: 1. Get to $100k+ per

43

12

159

John | Millennial Wealth

@johnhenry0804

3 months

Job hop every 2-3 years to maximize your pay. What's the most common reward for job loyalty? • More work • 2% - 3% raises • Plastic trophies If you’re great at what you do, why stick around? Make 2024 a year you bet on yourself. A year you get the 20% or 30% raise you

54

6

133

John | Millennial Wealth

@johnhenry0804

7 days

Roth IRAs can make you a tax-free millionaire. But less than 1 in 10 people have one. Here’s 7 things to know about them:

15

9

138

John | Millennial Wealth

@johnhenry0804

14 days

Bitcoin has made people millions. But 99% are still confused by it. Here are 10 tips to know:

18

13

133

John | Millennial Wealth

@johnhenry0804

7 months

9 ways to go broke: 1. Divorce. 2. Addictions. 3. Losing your job. 4. No emergency fund. 5. Buying too much stuff. 6. Living above your means. 7. Not learning about money. 8. YOLOing into hot stock tips. 9. Taking on way too much debt. Avoid as many of these as possible.

39

16

120

John | Millennial Wealth

@johnhenry0804

21 days

Parents selling homes to children. No down payment needed. Usually goes like this:

33

5

121

John | Millennial Wealth

@johnhenry0804

10 months

@KobeissiLetter For people with mortgages: The mortgage is now the asset. No one wants to get rid of their 3% rate.

12

3

116

John | Millennial Wealth

@johnhenry0804

3 months

Roth IRAs can make you a tax-free millionaire. But less than 1 in 10 people have one. Here’s 7 things to know about them:

18

5

117

John | Millennial Wealth

@johnhenry0804

7 months

Tax time reminder: A tax refund isn't free government money. It's money you loaned the government in 2023 at 0% interest..

18

7

113

John | Millennial Wealth

@johnhenry0804

4 months

Most retire at 65. Most live to be 77. 45yrs of work & a few years of freedom? We have to CHANGE this thinking.

65

11

114

John | Millennial Wealth

@johnhenry0804

2 months

@money_cruncher In Summary: Big income disclosed going into the presidency. Not so big coming out..

7

5

114

John | Millennial Wealth

@johnhenry0804

2 months

If you want an 800+ credit score You must understand the language Here are 10 tips to know:

23

2

109

John | Millennial Wealth

@johnhenry0804

2 months

A common retirement plan: 20s: No plan 30s: No plan 40s: No plan 50s: Panic 60s: Panic 70s: Panic A better retirement plan: 20s: Save & invest 30s: Save & invest 40s: Save & invest 50s: Enjoy 60s: Enjoy 70s: Enjoy Get started today.

28

6

106

John | Millennial Wealth

@johnhenry0804

9 months

3 things school doesn't teach: •Buying a home. •Starting a business. •Investing your money. We're setup to fail.

42

9

105

John | Millennial Wealth

@johnhenry0804

5 months

Never let a job steal your life. Family matters most.

18

6

103

John | Millennial Wealth

@johnhenry0804

2 months

@Invested_In_You Saving 4.8% VS Making 10%+ if investing long term I'd probably keep the mortgage & invest. Or, they could do half and half..

8

0

98

John | Millennial Wealth

@johnhenry0804

10 months

@WallStreetSilv We are blessed to live in America. Those disagreeing haven't traveled much.

16

1

91

John | Millennial Wealth

@johnhenry0804

2 months

3 roads to building wealth: 1. Invest in stocks for 30 years. 2. Buy property for 10 years. 3. Build a biz for 5 years. Choose a road.

37

10

90

John | Millennial Wealth

@johnhenry0804

10 days

What investors expect each year: + 10% + 10% + 10% + 10% + 10% What the market actually delivers: - 4% + 31% + 18% + 28% - 18%

20

7

89

John | Millennial Wealth

@johnhenry0804

6 months

At 18, we desire freedom from a parent. By 30, we desire freedom from a job. Being free is the ultimate desire.

24

4

86

John | Millennial Wealth

@johnhenry0804

11 months

@WallStreetSilv No one knows what's going to happen. Not even the smartest folks. Buy a home if it's going to be where your family lives for the long term. Not because you're expecting it to go up in value.

4

5

79

John | Millennial Wealth

@johnhenry0804

28 days

Stocks can make you a millionaire. But 99% don’t know the basics. Here’s 10 tips to get you started:

16

6

82

John | Millennial Wealth

@johnhenry0804

27 days

@rohit_thinks There's many expenses you don't think about as a first time buyer. Something you often learn the hard way. Still glad to own though..

4

1

81

John | Millennial Wealth

@johnhenry0804

1 year

@WallStreetSilv Have you ever met a real estate agent saying prices will drop. Nope.

1

0

76

John | Millennial Wealth

@johnhenry0804

9 months

@OneLuckyDude8 Big perk in CA. Families love it out here (I'm in San Diego).

7

0

75

John | Millennial Wealth

@johnhenry0804

25 days

Most retire at 65. Most live to be 77. 45yrs of work & a few years of freedom? We have to CHANGE this thinking.

48

6

76

John | Millennial Wealth

@johnhenry0804

9 months

In my 20s I thought: •A busy life •A fancy title •A huge salary = happiness In my 30s I realized: •Waking up when you want •Working on what you want •While keeping family close = true happiness Mastering money is the 1st step.

19

5

72

John | Millennial Wealth

@johnhenry0804

8 months

Owning a Rolex isn't as nice as owning your time.

25

8

73

John | Millennial Wealth

@johnhenry0804

9 months

@unusual_whales The mortgage is now an asset. No one wants to get rid of a 3% rate.

8

1

69

John | Millennial Wealth

@johnhenry0804

5 months

$20K invested today can become $100k in twenty years. Even if you added nothing more. Invest $20k now, plus $1k a month? $709k in twenty years. You don’t HAVE TO invest $20k. Maybe more. Maybe less. The lesson? Just do what you can. Investing habits matter most. 💸

38

6

72

John | Millennial Wealth

@johnhenry0804

7 months

"The best way to teach your kids about taxes is by eating 30% of their ice cream." — Bill Murray

14

7

70

John | Millennial Wealth

@johnhenry0804

9 days

To become a millionaire You don’t need: - Rich parents - Fancy degrees - Special connections But you do need: - A thirst for knowledge - A willingness to try & fail - A toughness to keep going

16

8

70

John | Millennial Wealth

@johnhenry0804

9 months

@KobeissiLetter No one wants to get rid of a 3% rate. Their mortgage is an asset.

11

2

67

John | Millennial Wealth

@johnhenry0804

2 months

2024 investment account limits: - IRA: $7,000 - FSA: $3,200 - HSA: $4,150 - 401k: $23,000 - SEP IRA: $69,000 - Simple IRA: $16,000 5 months left to maximize these.

17

10

68

John | Millennial Wealth

@johnhenry0804

11 days

Insurance is wild right now. Car insurance is up 26%. Even if you have: - No tickets - No accidents - No fender benders Here's a few ways to lower costs: - Make your deductible larger - Lower coverage on old cars - Bundle all of your policies - Use an insurance broker

38

2

63

John | Millennial Wealth

@johnhenry0804

11 months

@KobeissiLetter No one will give up their 3% rate. Moving is now out of style.

3

2

60

John | Millennial Wealth

@johnhenry0804

1 month

3 money skills to master: • Making money. • Managing money. • Multiplying money. Each skill is different. Learning all 3 helps you build long term wealth.

18

9

37

John | Millennial Wealth

@johnhenry0804

6 months

In my 20s I thought: • A fancy title. • A huge salary. • A demanding job. = Winning In my 30s I realized: • Having control of your time. • Doing work you enjoy. • Seeing family more. = Winning Life looks different every decade.

10

5

60

John | Millennial Wealth

@johnhenry0804

7 months

@unusual_whales Having a child is a luxury these days.

0

58

John | Millennial Wealth

@johnhenry0804

2 months

Life hack: Job hop every 3-4 years to maximize your pay. Never feel guilty leaving a job. Your growth, income, and well being are the most important things.

26

6

57

John | Millennial Wealth

@johnhenry0804

13 days

7 money traps to avoid: 1. Timeshares 2. Payday loans 3. Lottery tickets 4. Credit card debt 5. Buy now pay later 6. Gambling addiction 7. YOLOing into investments Avoid as many of these as possible.

22

4

57

John | Millennial Wealth

@johnhenry0804

10 months

@WallStreetSilv Health insurance premiums are up 20%+ next year for many people. Those with an active gym membership should get a waiver. Just a thought..

7

1

54

John | Millennial Wealth

@johnhenry0804

3 months

@money_cruncher It affects everyone. Not just people making $400k+

1

57

John | Millennial Wealth

@johnhenry0804

3 months

The math behind becoming a millionaire: - Investing $125 a week for 30 years. - Investing $350 a week for 20 years. - Investing $630 a week for 15 years. It sure isn't easy. But it is easier than winning the lottery.

17

11

55

John | Millennial Wealth

@johnhenry0804

8 days

8 tips for people in their 30s: 1. Learn about money 2. Keep a fully paid car 3. Avoid credit card debt 4. Make more $ every year 5. Have an emergency fund 6. Learn & invest your income 7. Start your own side business 8. Plan to be financially free by 50

18

6

57

John | Millennial Wealth

@johnhenry0804

3 months

Some people make $140,000+ have lots of debt, and live paycheck to paycheck. Other people make $70,000 have a 6-figure net worth, and plan to retire early. More money doesn't fix bad habits. How you spend what you make is just as important as how much you make.

19

4

55

John | Millennial Wealth

@johnhenry0804

3 months

At 18, I told my mom I would be a millionaire in my 30s. She laughed and said “good luck”. My mom raised my brother and I alone. We lived in a low income area. At 19, I sat in Barnes and Noble & read all their books on money. This is what I learned: 1. Get to $100k+ per

18

4

56

John | Millennial Wealth

@johnhenry0804

6 months

I first thought: • Working more hours. • Working more days. • Working more jobs. = Financial Freedom I later learned: • Investing in stocks. • Investing in property. • Investing in a business. = Financial Freedom It's never too late to start.

13

5

53

John | Millennial Wealth

@johnhenry0804

10 months

@WallStreetSilv Inflation is a THING. Up 20% since the pandemic.

7

4

53

John | Millennial Wealth

@johnhenry0804

6 months

@MrBudgetBill Worked in hiring for a short time. The big companies do a background check to verify your resume is accurate. The smaller companies, not so much...

5

0

53

John | Millennial Wealth

@johnhenry0804

1 month

@money_cruncher The goal seems to be: 1. Give people more perks 2. Charge businesses more taxes

9

0

53

John | Millennial Wealth

@johnhenry0804

7 months

• Start the biz. • Make the move. • Quit the job. • Take the risk. • Shoot the shot. • Ask them out. When on your deathbed, you're not gonna wish you played it safe.

15

3

50

John | Millennial Wealth

@johnhenry0804

9 months

@APompliano Bitcoin is no longer a "weird thing" your cousin is into.

0

5

51

John | Millennial Wealth

@johnhenry0804

11 months

I spent 6 years in Private Client Banking And spoke with over 200 Millionaires Here are 10 important tips I learned:

12

6

49

John | Millennial Wealth

@johnhenry0804

3 months

A great hack: - Having a high salary. - Deciding to work remote. - Choosing to live in a low cost area. A winning combination.

22

0

52

John | Millennial Wealth

@johnhenry0804

2 months

Investing $300 a month into a Roth IRA assuming a 9% rate of return equals: $22,581 in 5 years $57,325 in 10 years $193,036 in 20 years $514,314 in 30 years $1,274,894 in 40 years Paying your bills with tax-free money in retirement is hard to beat.

17

7

50

John | Millennial Wealth

@johnhenry0804

10 months

@WallStreetSilv 20% Inflation Since 2019

4

12

49

John | Millennial Wealth

@johnhenry0804

23 days

9 ways to go broke: 1. Divorce. 2. Addictions. 3. Losing your job. 4. No emergency fund. 5. Buying too much stuff. 6. Living above your means. 7. Not learning about money. 8. YOLOing into hot stock tips. 9. Taking on way too much debt. Avoid as many of these as possible.

17

4

47

John | Millennial Wealth

@johnhenry0804

1 month

8 wealth building habits: 1. Finding a mentor. 2. Creating a budget. 3. Saving 15%+ of pay. 4. Investing your money. 5. Buying a good used car. 6. Avoiding consumer debt. 7. Having more than 1 income. 8. Increasing your pay each year. Do as many of these as possible.

13

9

47

John | Millennial Wealth

@johnhenry0804

2 months

Your job can pay your student loans. But many aren’t aware of this option. Here's 3 important things to know:

17

1

46

John | Millennial Wealth

@johnhenry0804

10 months

@WallStreetSilv Living alone in your early 20s in a high end community IS A LUXURY. It's not normal life.

8

0

46

John | Millennial Wealth

@johnhenry0804

9 months

@IncomeSharks Hey @IncomeSharks In this case purchase contract said: $600k Sale price $480k Loan amount Kid didn't have to bring in a down payment (parent didn't require it). So basically got the house for $480k. It's called a "gift of equity". Hope that makes sense.

2

4

46

John | Millennial Wealth

@johnhenry0804

2 months

The old American dream: • Big car payments • Big house payments • Working until you’re 65 The new American dream: • Increasing savings • Reducing your expenses • Finding freedom before 65 Quickest way to get there? Saving & investing > material things 💸

22

4

47

John | Millennial Wealth

@johnhenry0804

1 month

Homeownership is not dead. House hack your 1st property. Here's 8 house hacking tips:

13

1

46

John | Millennial Wealth

@johnhenry0804

29 days

A $400 Louis Vuitton wallet = 16 hours of work (if you make $25hr) A $1,400 Burberry bag = 56 hours of work (if you make $25hr) When buying things, think about how long you had to work for that item. Time is your most valuable asset.

18

4

45

John | Millennial Wealth

@johnhenry0804

8 months

To become a millionaire by 50: • Invest $22 a day if you're 20. • Invest $34 a day if you're 25. • Invest $55 a day if you're 30. • Invest $93 a day if you're 35. The best time to start is today. (8.5% annual return)

19

5

44

John | Millennial Wealth

@johnhenry0804

4 months

@money_cruncher Payback from the stimmie checks. (tax increases) Nothing in life is truly free.

1

2

45

John | Millennial Wealth

@johnhenry0804

15 days

Marrying the right person can: - Double your income - Cut your living costs in half - Qualify you for higher tax benefits Choose wisely.

18

2

44

John | Millennial Wealth

@johnhenry0804

6 months

Stocks can make you a millionaire. But 99% don’t know the basics. Here’s 10 tips to get you started:

16

3

44

John | Millennial Wealth

@johnhenry0804

6 months

I spent 10 years in banking. Here are 10 ways to become a customer banks chase after:

13

4

44

John | Millennial Wealth

@johnhenry0804

3 months

Don’t waste money on a new car. $735 is the average monthly payment. Instead: 1. Payoff & keep the current one. 2. Maintain and drive it long term. 3. Invest the saved money in assets. 4. Leave full-time work sooner in life. More freedom > Less car payments

24

4

44

John | Millennial Wealth

@johnhenry0804

2 months

8 reasons to master your money: 1. To work less. 2. To travel more. 3. To sleep in more. 4. To have less stress. 5. To see the kids more. 6. To see the spouse more. 7. To do more of what you want. 8. To do less of what you don't want.

19

4

44

John | Millennial Wealth

@johnhenry0804

9 months

Build Wealth in Real Estate House hacking 101: Buy a property. Down payment options: •3% •5% •10% Move in. Wait 2yrs. Rent it. Buy another. Move in. Wait 2yrs. Rent it. Do it again. And again. And again. You now have 5 properties. 4 being paid off by renters.

26

3

39

John | Millennial Wealth

@johnhenry0804

8 months

8 reasons to master your money: 1. To work less. 2. To travel more. 3. To sleep in more. 4. To have less stress. 5. To see the kids more. 6. To see the spouse more. 7. To do more of what you want. 8. To do less of what you don't want.

13

12

40

John | Millennial Wealth

@johnhenry0804

2 months

According to Bankrate: $735 = average new car payment $192 = average insurance payment $927 = your total monthly payment Keeping a paid off car = ✅✅✅

22

4

42