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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
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Sometimes I’ve walked into meetings where you could smell the blood from miles away. In one of those meetings, the SPV chair looked like he had just fallen off a tree that same morning. Stuttering like crazy. Like a guy from my hometown we used to call “The Stutterer”… el Tartas de mi pueblo. Impossible to take seriously. Looking at his papers. Looking at the screen. Searching for inspiration in the PowerPoint he put together the night before. He already started badly… talking about the...
A PPP somewhere in Canada. Mid 2010s. Saturday night. Concrete poring of a key structure in the critical path of the project. Everything looked perfect on paper. Full closure approved Concrete plant booked Pumps lined up Crew ready Weather… “acceptable” 22:00 : Go time First trucks arrive. Pumps start. Concrete flowing. Then… rain. Not heavy. Not dramatic. Just enough to start messing with the surface. The kind of rain that kills quality slowly. The dangerous one. 23:30: First tension Quality...
Unless you want a horror story. Or an “insĂpida” story that says nothing. You don’t put on the market an unconnected series of projects. That’s not a vision. It’s election time in New Zealand. And every time I’m invited to a forum, I repeat the same message. Infrastructure needs a long-term story. A real one. What do we want to become in 30 years? Because it cannot change every time the government changes. That’s not strategy. That’s improvisation. Or shooting yourself in your foot. If a...