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Try this simple hack to start saving money

My favorite way to tell whether or not I want to buy something, especially when I had less money, was I would translate the price tag into how many hours it would take me to make the money. All of a sudden, when a shirt looks like nine and a half hours, you're like, I don't know if I would do it for that.

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Alex
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MoreMozi

Alex Hormozi ›

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Key takeaways

  • My favorite way to tell whether or not I want to buy something, especially when I had less money, was I would translate the price tag into how many hours it would take me to make the money.
  • All of a sudden, when a shirt looks like nine and a half hours, you're like, I don't know if I would do it for that.
  • Or a pair of shoes is a day and a half or two days of work, all of a sudden I'm a lot more hesitant cuz I think to myself, if a boss came to me and was like, "Hey, you get these new kicks, but you got to give me two days of work." I don't know if I want to do that.

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  1. 0:00
    Abschnitt 1 My favorite way to tell whether or not I want to buy something, especially when I had less money, was I would translate the price tag into how many hours it would take me to make t

Full transcript

Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.

1 segments

0:00My favorite way to tell whether or not I want to buy something, especially when I had less money, was I would translate the price tag into how many hours it would take me to make the money. All of a sudden, when a shirt looks like nine and a half hours, you're like, I don't know if I would do it for that. Or a pair of shoes is a day and a half or two days of work, all of a sudden I'm a lot more hesitant cuz I think to myself, if a boss came to me and was like, "Hey, you get these new kicks, but you got to give me two days of work." I don't know if I want to do that. And it was one of the strongest behavior changes I had in terms of controlling my spending.