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Delonté Riggins @DelonteRiggins

USAF veteran, driven by moral leadership, customer focused eCommerce development, data science based management & growth. thebrandbasket.com/delonte Mesa, AZ Joined May 2019
  • Tweets
    57
  • Followers
    55
  • Following
    539
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    632
Delonté Riggins retweeted
WOLF_Financial Profile Picture

WOLF @WOLF_Financial

3 years ago

I grew up in a wealthy household but everything changed in the 2007 crash. I learned that it doesn't matter how much money you make. It's about how much you keep. 90% of fortunes are lost within 3 generations. All of your hard work will be wasted if you don't teach your children these 4 financial principles: 1. Work Ethic Kids need to learn that money doesn't grow on trees. Use money to incentivize good behavior while simultaneously teaching them the entrepreneurial mindset. Remember what Charlie Munger said: "Show me the incentive and I'll show you the outcome." Incentives are extremely powerful, use them to set your children on a winning trajectory. Help them figure out a business idea and implement it. Show them that hard work done smartly is a cheat code for making money. 2. Delayed Gratification Studies have shown that individuals who can delay gratification, even for only 15 minutes, are way more likely to have successful life outcomes. This trait is partially congenital, but can also be developed and strengthened through good habits. Put them in situations where they have to decide between short-term and long-term outcomes. If your child repeatedly chooses short-term, you may need to get the other parent into the same situation where your child can see them make the other, correct choice. Celebrate the right choice and reinforce this good habit. Make the benefits of delayed gratification obvious to them through healthy rewards. 3. Investing 101 Our kids follow our example, not what we say. Make investing a game that the entire family participates in. If they see mom and dad investing, getting returns, and feeling excited, they are going to want in on the action. As Dale Carnegie said: "People rarely succeed unless they have fun in what they are doing." Make money fun for them. 4. Money Talks Make money a topic of conversation. Discuss how you manage the family economy, such as: • How you make decisions on big expenses • How you keep money coming in month after month • How you plan for the family's financial future, including their own Share with them your multigenerational vision. Dare I say, sell them on your vision because it will be up to them whether or not it comes to fruition. TLDR 1. Work Ethic 2. Delayed Gratification 3. Investing 101 4. Money Talks And that's a wrap! I appreciate your attention and would love to hear from you: What's your top tip for passing financial literacy down to your kids? If you found this post valuable, smash the repost button!

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Delonté Riggins @DelonteRiggins

3 years ago

x.com/i/spaces/1ynJO…

Delonté Riggins retweeted
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COACH PRIME @DeionSanders

3 years ago

Are u serious? If not, i want u to become serious about everything that concerns u, the present & your future. Stop meandering thru life & prioritize the things that can elevate u now. You get 1 shot at this thang called life so seize the moment. #CoachPrime

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Delonté Riggins @DelonteRiggins

3 years ago

@WOLF_Financial Oppression

Delonté Riggins retweeted
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Kevin O'Leary aka Mr. Wonderful @kevinolearytv

4 years ago

The minute you sense someone’s not going to work out, let him or her go.

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Delonté Riggins @DelonteRiggins

5 years ago

@AdamMGrant Be either ignorant or arrogant, never both.

Delonté Riggins retweeted
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Laurens Gunnarsen @MathPrinceps

5 years ago

@AdamMGrant Learn from the masters, and don't expect them to be able readily to articulate all they know, or indeed even to be fully aware of all they know; patient, sympathetic, humble imitation of superb examples is the root of all wisdom and mastery.

Delonté Riggins retweeted
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Business Insider @BusinessInsider

5 years ago

A record number of groups are lobbying for cannabis reform as legalization movements sweep the nation. While companies fight for dominance, Black people — historically targeted for marijuana use — are underrepresented in the industry. Here’s why. businessinsider.com/cannabis-marij…

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Delonté Riggins @DelonteRiggins

5 years ago

@BradDurham1 @MzBerryThrows Thk u 4 da correction Bred. U've dun whale sur! 🤡

Delonté Riggins retweeted
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SinnamonS ♥ @SinnamonS

5 years ago

I love this rare video of Prince and Mel B at the playground 🥰

Delonté Riggins retweeted
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Kieran Flanagan 🤘 @searchbrat

5 years ago

People don't buy things; they buy feelings. But, most of our marketing focuses on reason, not emotion. It's because we think humans primarily make purchase decisions based on reason. I looked into how true this is; here are some great facts for marketers. 👇🧵

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Delonté Riggins @DelonteRiggins

5 years ago

@MrMokelly @exavierpope That's 2 votes for Keith! Do I hear 3?

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Delonté Riggins @DelonteRiggins

5 years ago

@exavierpope Keith Sweat .

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Delonté Riggins @DelonteRiggins

5 years ago

@goldengateblond I've read the replies. Flawed, awkward, abnormal? Yes. I don't understand where the "terrible person" tag is warranted. But maybe that's because I'm a terrible person also. I'm really curious about this one.

Delonté Riggins retweeted
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VV @visualizevalue

5 years ago

“The weaker you are the louder you bark." — Masashi Kishimoto

Delonté Riggins retweeted
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VV @visualizevalue

5 years ago

"Reduce options. Increase focus. Multiply results." — @behaviorgap

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Delonté Riggins @DelonteRiggins

5 years ago

Important: Knowing your customers & how to align your services to serve their specific needs. More important: Knowing your team members & creating a culture that challenges & rewards them for their investment in serving your customer's needs. #investinpeople #CultureByDesign

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Delonté Riggins @DelonteRiggins

6 years ago

As Black business owners continue facing disproportionate impacts on their business, H&R Block’s Block Advisors will provide free one-on-one coaching and counsel during the pandemic and beyond. lnkd.in/egrM42z

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Delonté Riggins @DelonteRiggins

6 years ago

Be well @helloherborder #cbd #herborder @ Mesa, Arizona instagram.com/p/CI1ScBfhErO/…

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