Is Your Spending Preventing You from Investing?

Each time you purchase something that dollar could have been saved for a future investment. This is the mindset of a great investor. Is your saving in competition with your investing. Saving is the key to investing. Whether you are starting or are a seasoned investor you can always save more. The key to saving is knowing that a typical product or service you buy will not pay you to own it. You consume it immediately or over time and reap some joy from it. If your goal is to chill in a hammock and not worry about the 9 to 5 hustle then saving and investing it in highly profitable businesses is the way to go. When you buy your first business with saved money and you receive that dividend each quarter it will inspire you to save more. As you save more and purchase more of these cash machine silos your confidence as an investor will grow.

It starts with saving and only buying the things you require to live. Look at each dollar as a choice; make money on this dollar or use this dollar to buy something that makes no money. Its always a choice.

"Evaluating a Business Requires Effort & Diligence, Buying a Business Requires Patience."
--Red to Black Podcast

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