257: Spend Your Money … Lots Of It
Play • 48 min

Five benefits of spending your money are discussed.

(What? Is this irresponsible?)

Keith Weinhold tackles the rarely-discussed benefits of money-spending:

  • You beat inflation.
  • You don’t “lose” money; you spent it how you desired.
  • Ensure a better quality of life.
  • You help the economy exactly where you want to.
  • Spending is more fun than saving.

 

Many are afraid to discuss the topic of spending.

Also discussed - what goes into home price appreciation, how inflation persists despite decades of technology, Millennials waiting for home prices to drop.

Back to spending:

  • Are “cheap” people annoying? 
  • School is irrelevant to wealth.
  • Don’t cut expenses; increase income.
  • The only place you get money is from other people.
  • Buy top vacations, wellness & exercise, mattress, vision, shoes, dental, home renovation, unprocessed food, phone.
  • Spending is an investment in yourself.
  • Experiences vs. Stuff.
  • Money is fuel; it’s only potential.
  • The $25,000 taco.
  • Giving to charity.

 

Benjamin Franklin: “Wealth is not his that has it, but his that enjoys it.” 

Then, a discussion with our Tampa provider about finding the right rental property neighborhood. 

Join us on our upcoming Tampa Real Field Trip, Oct. 10th to 12th. Start at RealEstateFieldTrip.com

__________________

Want more wealth?

1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book

2) Your actionable turnkey real estate investing opportunity: GREturnkey.com

3) Read my best-selling paperback: getbook.at/7moneymyths

__________________

Resources mentioned:

GRE’s Tampa Field Trip:

RealEstateFieldTrip.com

CNBC:

The $25,000 Taco

Mortgage Loans:

RidgeLendingGroup.com

Turnkey Real Estate:

NoradaRealEstate.com

eQRP: Text “QRP” to 72000 or:

TotalControlFinancial.com

By texting QRP to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

JWB New Construction Turnkey:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Find Properties:

GREturnkey.com

Follow us on Instagram:

@getricheducation

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