I talk about Personal Growth, Management, Infrastructure and More | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇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 | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇JOIN +2k readers 👇
One of the “interesting” things about having sat at all four corners of the table, and having done so in several countries, is that you start comparing. Yes, I know. It’s a Spanish sickness. We like criticising more than we like evading taxes… or voting for politicians who do. I can’t escape my genes, no matter how a Kiwi I've become. You compare. And sooner or later, you reach a painful conclusion. Especially now that I live in the paradise of the South Pacific. Nations led by builders build...
Suggesting beats showing. Always. Just see what happens to women that show too much. They attract the wrong type of men… or probably not. They just attract all men… and then, it’s more complicated to do a good selection. The chances of getting it wrong increase. But if they just suggest, they tend to attract a more sophisticated level of men. Less brutal, savage, and basic. Then, the chances of getting the wrong type of men decrease. And remember, women risked their lives having s€x not long...
You can find horror stories almost everywhere. Not just developed countries. And successful ones too… as it’s not rocket science. Before 2010, the Philippines’ PPP program was infamous for all the wrong reasons: legal uncertainty, endless bid delays, weak feasibility studies, and risk allocations that scared investors away faster than typhoons. So they decided to stop, review, learn and repeat. They started to ask the market about what was wrong with the last projects. They noted. And decided...