One of my favorite quotes from the Psychology of Money
“Spending money to show people how much money you have is the fastest way to have less money.”
Avoid this hamster wheel.
Imagine playing monopoly & never buying any assets that generate income.
Imagine you just went around collecting $200 after passing through GO, giving your money to the rich & trying to stay out of Jail?
Do you know anyone thats like that?
You could invest $541 a month, but…
• $740 truck payment
• $200/ month in subscriptions
• $180/ ave per month on Amazon
• $870 a month at restaurants
All about priorities
Anyone recommend Crexi Intelligence?
I'm not a broker and we are just scaling our multi-family/ commercial operations, so it's hard justifying $12k for Costar.
Does Crexi offer more than I can find on several cheaper apps?
Winners and losers have the same goals.
You do not rise to the level of your goals, you fall to the level of your systems.
-James Clear in Atomic Habits
If your parents had put $10K under the mattress in 1975, that cash would have lost 83% of its purchasing power by this year.
Invest or get left behind.
Change your life in 1 year -
- Find a mentor or coach
- Make time for self-care
- Develop a positive mindset
- Take action and be consistent
- Set achievable goals and track progress
- Take risks & be open to new opportunities
- Take time to reflect and celebrate your successes