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 👇
Yesterday I saw an orange New Beetle. I love cars. And this “orange” that seemed so eccentric and powerful reminded me a picture I saw in LinkedIn. The picture compares two parking lots. One in the 70s and another one today. In the 70s, you had a rainbow of colours. Green, blue, red, yellow, orange… Different tones… If you go today to a parking lot, you’ll see black, white, a few grey and fewer red and blue. We are in a world where it’s better not to grab attention. To go with the flow....
He was betrayed by his wife. Stop taking pills. Finishing studies. Recently married. Moved to a new town. Bought a house. In debt, for furniture and all the set up of a new life together. I’m pregnant. OK… Twins. Tough 7-8 months. Lots of medical issues. Risk. Stress. Danger. Anger and fear. All went well at the end. But things could not go that well any longer. Now he is a single dad. Moved away. Reorganized his life in a new country. From scratch. With two wonderful 14 years-old boys. When...
I learnt today that a great professional I know got laid down. After more than 30 years in the same company. Delivering amazing projects. Making millions… if not billions – yes, with “b” for the company. A big, important guy. A great guy, by the way. Personally and professionally. He’s shocked. And in his late 50s… after being at the top in uncountable projects, deciding over the lives of hundreds of employees, contractors and subcontractors. He feels vulnerable. Not sure if you had realized....