URL: https://bestinterest.blog/
Twitter: @BestInterest_JC
Country: United States
Rank in the All-Star Money Directory: #12
When you pay yourself first, you make it hard—impossible—to spend that money. As a result, wealth can’t avoid you. It has no choice. You’re removing the possibility of over-spending and ensuring the inevitability of long-term success.
In everything you do, ask: is this adding to my choices or reducing my choices?
These findings opened my eyes. I have a new respect for the power of the taxable brokerage and for the potential drawbacks of 401(k) maximization.
I negotiated a raise at work 30 months ago. And because of that raise, my net worth is now $67,000 higher than it otherwise would have been. The story is entertaining, but the tips are what’s important.
When you change your perceived value of an asset or product, make sure your reasons are justified. “The price recently changed, so my value changes…” is not a good justification.
Every single person I’ve spoken with on The Best Interest Podcast was once unknowing, unsure, and hesitating at the starting line. Then they started.
