Our daughter will be a millionaire by 10. Here's what we don't do with our money anymore as a family:

She’ll be a millionaire by 10 and we’ll FatFIRE by 40 💸 1️⃣ We don’t increase our spending when our income increases. Every bonus buys us more freedom, not more stuff… 2️⃣ We don’t buy things to signal success. We’d rather own assets than appear to be “rich” to other families 3️⃣ We don’t leave money sitting idle. Every pound has a role in our family’s wealth-building plan. It’s either in a high yield savings account or investment account. 4️⃣ We don’t make financial decisions based on how we feel. We make them based on data. 5️⃣ We don’t outsource our financial education. Tax literacy, investing, and wealth-building are skills we BOTH actively learn. 6️⃣ We don’t invest only in the stock market. We invest in businesses we believe in, agriculture etc, including through our family investment fund. 7️⃣ We don’t accept unnecessary taxes as a cost of life. We structure intentionally and understand the rules of each jurisdiction we live in. Yes, we left the UK 🇬🇧 8️⃣ We don’t live where everyone expects us to. We relocated to Paraguay and Malaysia, that lowered our cost of living and accelerated our path to financial freedom. 9️⃣ We don’t guess how we’re doing financially. We track our net worth, investments, and growth rates down to the numbers (comment WEALTH for our tracker). 🔟 We don’t run our finances individually. We run them as a family with shared goals, systems, and long-term thinking. Most families have a budget. We built a family wealth system. One that helps us save over 50% of our income, invest intentionally, and create the option to retire by 40. #intentionalparenting #PersonalFinance #familywealth #familybudget #millionairemindset