The Most Effective Pieces of Financial Advice I’ve Ever Received
“Wealth is not about having a lot of money. It’s about having a lot of options.”
Your beliefs about money come from your inner circle.
When I spent my time hanging around broke losers at shopping centers, smoking ciggies and whistling at chicks, my bank balance was zero. It stayed that way for years.
When I got out of the gutter and began going to conferences, networking online and reading finance books, the financial advice I got was unconventional.
Here are the six best tips I got on money.
Living below your means is a superpower
Lifestyle inflation is the real epidemic.
I can afford a Lambo. Yet I drive a piece of crap Honda Civic. Most days I don’t drive. I walk or catch the train. I bought my wife a family car recently. The registration has the name of a car dealership from an extremely poor area.
“Should we take the sticker off honey.”
“Nah, leave it on. Looking broke is good.”
This is a counter-intuitive way to think about money. Most people are desperate to look fake rich to show off or create envy.
