Watch on YouTube
Being Good With Money Is This Simple
This video does not allow embedding, so you get a static preview and a link to the original.
Key takeaways
- Don't bring your wallet with you when you leave home, pack lunch.
- And the hard part about doing it is that you're often more rewarded for every action except for the one that you need to take.
- >> [laughter] >> And so, every it's so exhausting to not spend money when you don't have any because every single thing that you want or many things that you want have price tags associated with them and you have to at all moments in the day say no a hundred times in order to quote spend nothing.
- >> Yeah, it's actually If you like this video and you're a business owner who wants to break through your current revenue ceiling, I distilled every lesson from scaling 10 businesses past 10 million and three businesses past 100 million into a completely free scaling roadmap that I've used to go from zero to one, zero to 10, and zero to 100 plus.
Chapters
Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:08Yeah. If you're poor, try the buy nothing challenge. Hm. The buy nothing challenge for 30 days, buy nothing except food, rent, gas, and insurance. Don't bring your wallet with you when you leave home, pack lunch. See how much you save. Repeat until you have as much as you want. Brackets, pairs well with working 12 hours a day. Being good with money literally just means spend less than you make and put the extra in things that go up, not down.
0:41Financial education in two tweets. Um the hardest part about most things isn't knowing what to do, it's doing it. And the hard part about doing it is that you're often more rewarded for every action except for the one that you need to take. And so, there's a hundred things you can spend money on.
1:07There's only one nothing. >> [laughter] >> And so, every it's so exhausting to not spend money when you don't have any because every single thing that you want or many things that you want have price tags associated with them and you have to at all moments in the day say no a hundred times in order to quote spend nothing. And so, it's this muscle that we have to build.
1:31But I I I strongly encourage the buy nothing challenge because one, you realize how little you can really live on. >> Hm. >> And when you realize how little you can really live on, you realize how much more risk you can actually take because the apparent downside of what if I lost everything becomes incredibly tangible, which is like, well, I lived on $200, $500. >> Not even that bad. >> Yeah, it's actually If you like this video and you're a business owner who wants to break through your current revenue ceiling, I distilled every lesson from scaling 10 businesses past 10 million and three businesses past 100 million into a completely free scaling roadmap that I've used to go from zero to one, zero to 10, and zero to 100 plus. And so you can click here and you can check it out. Again, absolutely free and since your business owner appreciates you and enjoy.