Here’s the Most Painful Part of Building Wealth

Most people want it but don’t want to deal with the initial sacrifice

Photo by Sasha Freemind on Unsplash

If you haven’t read Discipline Is Destiny by Ryan Holiday, you’re missing out on one of the greatest books ever.

In this read, he has a section called “The Battle Against Pleasure.”

Some of my favorite quotes from this reading:

1. “Don’t just think about what a certain pleasure will give; think about what it will take out of you.”

The money game is a long game, and what you put in, you get back.

Something that’s always helped me is foresight.

I like to ask myself, “What will be the ramifications of this financial decision or purchase?”

Do I like the answer? If not, I walk away and reconsider or let go altogether.

• If you buy that thing, what will be the ramifications?
• If you finance that new car or house, what will be the ramifications?
• If you cosign that loan, what will be the ramifications?
• If you increase your living expenses, what will be the ramifications?
• If you finance everything in your life, what will be the…