This can kills your freedom and make you a sucker


People mess up with debt.

I mean.

Not the same to have debt to buy assets that produce cash flow that assets that eat your cash.

Then, a €70.000 car, or $70.000, I don’t mind, bought on instalments is not a means of transportation: it’s a sentence with a steering wheel.

It might have 300 horsepower, that new leather smell, and a logo that turns heads at traffic lights, but at the end of the day, it’s still just that: a burden you carry with you everywhere.

The perfect symbol of financial freedom you don’t have but desperately try to project.

Think about it.

Most people don’t buy an expensive car because they need it.

They’re not buying transportation.

They’re buying social validation.

And they’re doing it at the worst possible price: by going into debt for years.

This isn’t about rich people who can afford these cars without blinking.

We’re talking about people making less than €2,000 a month signing up for 8-year loans just to get behind the wheel of a BMW because they think it’ll make them look successful.

They’re wrong.

All they’re doing is killing their freedom.

Their ability to say “no.”

To walk away from a job they hate.

To have the mental space to think about something other than, “Will I make it to the end of the month?”

That’s what you’re really buying when you sign a loan for a luxury car.

You’re not buying wheels.

You’re selling your peace of mind.

You may look prosperous, but behind closed doors, you’re living on the edge.

Think about it (again)

  • If you’re paying for something that chokes you every month just because it makes you feel important, you’re a sucker.
  • If you bought stuff you didn’t need to prove something to someone, you’ve got serious self-esteem issues.
  • And if the idea that others might think you’re “not progressing in life” terrifies you, chances are your life is already speeding downhill with no brakes.

And the sooner you see it, the better.

True wealth isn’t shown. It’s felt.

And if you want to incur in debt, without having to show up… and feel wealth, I show you this door.

​Is this piece of real estate a good investment​

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 👇

Read more from Vicente Valencia

Most consultants are expensive spectators. Nice slides.Clean Excel models.Zero impact. They show up.They talk.They disappear. And the project?Still stuck. In the mouse wheel… running but still in the same place. It may be the perverse incentive of maximizing gains by increasing scope and delaying everything… although that’s for another days. Look… In big projects, nobody pays you for your time.They pay you for one thing: Movement. Decisions made.Problems killed.Risks reduced.Money saved....

This is a nice week for me. Birthday and week of great decisions. Decisions on my businesses. Decisions on my investments. Important ones. You see… I feel butterflies in my stomach. Fear. Doubts. So, I know perfectly well that I’m growing. I’m making progress. Look. Matt Gray, someone you should follow on LinkedIn – it’s free and you’ll learn a lot from him – said the other day that your circle establishes your ceiling. Your boss. Your friends. Your business partners. Your colleagues. Etc....

I once said that Preferred Bidder is the most dangerous moment in a PPP. It’s like the moment that the shark attacks in Jaws… just when you expect it less… Everyone relaxes. Champagne glasses appear. LinkedIn posts multiply. “Proud to be part of the winning consortium.” Then reality walks into the room. Let’s talk about the Malaysia–Singapore High Speed Rail. A mega rail PPP. 350 km. High-speed trains. Two countries connected. Estimated cost: $15-20 billion. The type of project ministers...