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This can kills your freedom and make you a sucker
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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) ​
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 👇
Time for a ridiculous story from the world of infrastructure contracts. You know, those multi-billion-dollar deals where one tiny typo can turn into a legendary office joke. Well… here you are one. Picture this. Somewhere in Europe. A massive bridge project. The contract is huge, hundreds of pages of legal and technical jargon. In the middle of all that, there was supposed to be a clause that said the contractor had to provide a "large-tonnage crane." Don’t ask why. Maybe some stupid Spanish...
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