We’re in the now generation. We like instant gratification. We want to hustle and make fat stacks of cash now!
Retirement planning & saving money is pretty much the opposite.
Building wealth is only hard because it usually requires delayed gratification, which we hate. (tweet this!)
Even if you’re trying to start a business and explode income growth, that takes delayed gratification too.
That said, what you’re about to read is an extremely important concept.
Internalize this point immediately and do something about it (aka take action in real life, not just Facebook share “cool post bro”)…if you commit to the concepts below, you will have more cash down the road.
That’s what you want right? Fat stacks of cash?
Think in longer terms. I know you don’t want to, but do it anyways. Unless you tragically die before your time (I witnessed this happen yesterday I’m sad to say)…then you will live to see the fruits of your efforts.
And how are your efforts going?
Are you going to thank yourself 20 years from now? Or wish you had saved dollars smarter?
Too lazy to spend 7 minutes reading this? Here’s a 3 min video summary, as well as 3 bonus videos on how to diversify! Grab it here
Money stress. Financial problems. I have em. The readers of this blog certainly have em.
“Socrates said ‘know thyself.’ I say, ‘know thy users.’” – Joshua Brewer, Twitter
First, your financial situation in life is like a money tree:
Sometimes your money tree is blooming, sometimes withering. Maybe your neighbor’s money tree is larger than yours. Maybe your money tree is still a seed.
The purpose of The Smarter Dollar has always been to help you grow your money tree. And in order to help your money tree thrive, we have to examine the roots and look at the causes of success and failure.
So, a few weeks back I emailed 236 of you and asked this question:
“What’s your biggest frustration about money?”
I received 73 responses, and I was expecting a bunch of different answers, such as:
“putting my kid through college.”
“I can’t quite figure out how to start a business.”