I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
Know the limits of what you can do
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If your only plan to improve your finances is cutting expenses, you’ve got a big problem. Not because it’s a bad plan—it’s not... If you’re wasting money on unnecessary crap, the first thing you should fix is exactly that. But… The problem is purely mathematical, and I love maths. Cutting expenses has a limit. ​ If you make 3.000 euros or dollars or whatever per month and save 500… You may be able to save 200 more. If you turn off Netflix, maybe 215… If you cut Amazon Prime, maybe 300 And if you turn the lights off and use candles, maybe you arrive to 1.000 in total savings. ​ At some point, there’s no more room to cut, and saving an extra 50 requires a massive sacrifice… like giving up coffee and things like that. ​ It just doesn’t make sense. ​ That’s why, if you don’t want to fall into the most extreme penny-pinching lifestyle, your focus shouldn’t be on saving more—but on earning more. ​ Because unlike cutting costs, increasing your income has no limit. ​ And the best part? Even small increases make a huge difference. If you go from earning €3.000 to €4.000, for example, here’s what happens: ​ ​ This is so obvious that you might think I’m insulting your intelligence, but no matter how much we debate saving strategies, the truth is simple: Cutting expenses is fine and necessary, but the real key to financial well-being is making more money. Make. More. Money. ​ And if anyone tells you otherwise, they’re lying to you. ​ Life only happens once, and it should be lived well. ​ Not with absurd luxuries, not with reckless spending—but well. ​ And as far as I know, that requires money. ​ My plan to help you make it happens, right here: ​Is this piece of real estate a good investment? - Price $29.90​ ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. ​ ​ |
Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
A great friend of mine tells his team: “Work hard, play harder”. I can’t agree more with him. Infrastructure is a difficult business. Lots of hours of discussing, negotiating, working, arguing with people. Yes, people. Not companies, not systems. People. Along the journey you’ll have all sorts of moments. Creating all sorts of emotions. Engraving in you, amazing memories. So enjoy the journey. Don’t be a gilipollas and play harder. No matter what the contract says, if you get along well with...
Southeast Asia. Early 2020s. You’re advising on a major transport PPP. Billions on the line. A metro line so politically visible that even the Prime Minister’s dog has an opinion on it. Your consortium is ready. Equity committed. Contractors lined up. Designers caffeinated beyond medical guidelines. The agency launches the RFQ. Everyone smiles. “Finally, a flagship project done properly.” (What a beautiful illusion.) Then… the unexpected happens. A new Minister arrives. (You can already feel...
My wife has sentenced. My little son and I are condemned to not wearing anything white clothes in the next 10 to 15 years. No matter what you do, no matter how much precaution you have, it all ends the same. Wine, oil, or tomato come to the party. And that polo or shirt ended like a Kleenex. One use only. No matter what you do, it’s time you look for a second use or prepare to send it to a charity. One use only, as I said. Like great RFPs. Millions spent. Dozens of consultants mobilized....