I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
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) ​
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 👇
This week I received a message from a subscriber that should make every government, agency, and consulting firm uncomfortable. It came from a man who led one of the most successful Education PPPs in the world. A $165 million program funded by USAID.Implemented across 10 districts in Sindh, Pakistan.State-of-the-art schools.A pioneering Education Management Organization (EMO) model.One of the few genuine unsolicited PPP projects in the country.A full PPP Guide & Toolkit still in use today. He...
It is a much small bag. But my wife is happier. Christmas present. She needed a new bag. Found one she liked but it was much smaller than her previous bag. She was worried. But yesterday, she said. I'm very happy with this bag. You know why? Surprise me... (but I knew the answer). As it smaller, I put less things inside, and it's much lighter. Like tender documentation. I've been heavily criticised for being a fanatic of reducing as much as I can the "space" for bidders to explain their...
Almost a year in the market. 3.5 million. Then, 3.0. Then, 2.9. I liked it, I compared it with the market. I thought that 2.8 – 2.9 mil could be a good deal. Offer: 2.75 million. Not very big, not too fancy… but a view. You have to pay well for those things in NZ… and not an investment, but a place to live. Anyway. Counter-offer… 3.2 million. The agent called it buyer’s regret. I call it, not serious. This happened in December. And this is not uncommon. I’ve seen teams that once named...