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 few days ago, I had a big argument with my team in Panama. They had spent almost 3 weeks trying to convince a client to change banks for her mortgage. It was a no-brainer.Lower interest rates.Lower fees. They showed her, over and over again, different scenarios… all in vain. You may wonder how, after 2 or 3 days of trying, they kept pushing. She is a public servant.And the team was trying to convince her to move from a government-owned bank to a fully private one. I repeat.Public servant....
The French writer and poet Antoine de Saint-Exupéry once said: “Perfection is achieved, not when there is nothing more to add… but when there is nothing left to take away.” And yet… People still have 10-line disclaimers in their email signatures. Or worse… the “please don’t print this email” line. I’ve reviewed bids where they were one step away from including the name and breed of the bid manager’s dog. Horror vacui. Or just… “just in case”. Every extra word that doesn’t serve a purpose?...
In Japan, they often say: “Your life is like a garden.” If you’re not intentional… it gets overrun with weeds. Randomness. Distraction. Noise. This happens when you have too many goals. Too many priorities. Because let me tell you something. If you don’t have a clear maximum of 3 priorities… you have none. You get distracted. With lesser goals. Stupid goals. Or worse… scrolling. Looking for your next dopamine hit. This applies to your life. But also to how you work. If your door is always...