Adrian Brambila
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's because you have to trade your time for it. So if you want to buy a PS5 or go on a $600 vacation and you make $60 an hour, this is how you have to think. Okay, I make 60 bucks an hour. It costs $600. I have to work 10 hours and then I can save enough to go on this trip. Rich people don't think like that. They're not trading their time to buy whatever they want, to do whatever they want.
It's because you have to trade your time for it. So if you want to buy a PS5 or go on a $600 vacation and you make $60 an hour, this is how you have to think. Okay, I make 60 bucks an hour. It costs $600. I have to work 10 hours and then I can save enough to go on this trip. Rich people don't think like that. They're not trading their time to buy whatever they want, to do whatever they want.
It's because you have to trade your time for it. So if you want to buy a PS5 or go on a $600 vacation and you make $60 an hour, this is how you have to think. Okay, I make 60 bucks an hour. It costs $600. I have to work 10 hours and then I can save enough to go on this trip. Rich people don't think like that. They're not trading their time to buy whatever they want, to do whatever they want.
They have an investment, and they're like, so if I want to go on a $600 vacation every month, a rich person would say, okay, what investment do I need to participate in or put money in that's going to pay me $600 a month so I can go on that vacation every single month? Totally different way of thinking. They're not thinking, how much do I make per hour I need to save and then do the vacation?
They have an investment, and they're like, so if I want to go on a $600 vacation every month, a rich person would say, okay, what investment do I need to participate in or put money in that's going to pay me $600 a month so I can go on that vacation every single month? Totally different way of thinking. They're not thinking, how much do I make per hour I need to save and then do the vacation?
They have an investment, and they're like, so if I want to go on a $600 vacation every month, a rich person would say, okay, what investment do I need to participate in or put money in that's going to pay me $600 a month so I can go on that vacation every single month? Totally different way of thinking. They're not thinking, how much do I make per hour I need to save and then do the vacation?
And that's why everything seems really expensive at first. So here's the tactics. First of all, your time is the most valuable thing you have. You have to first believe this. And so you want to invest. This is why you want to invest so that one day you own your time.
And that's why everything seems really expensive at first. So here's the tactics. First of all, your time is the most valuable thing you have. You have to first believe this. And so you want to invest. This is why you want to invest so that one day you own your time.
And that's why everything seems really expensive at first. So here's the tactics. First of all, your time is the most valuable thing you have. You have to first believe this. And so you want to invest. This is why you want to invest so that one day you own your time.
That is the best definition of financial freedom to not be having to make decisions on the constraints of money and having the choice. If you believe that, then this next tactic is going to help for you. This sounds so simple and silly, but so powerful, and here's why. Let's say you have bank accounts, and right now you have a checking and a savings.
That is the best definition of financial freedom to not be having to make decisions on the constraints of money and having the choice. If you believe that, then this next tactic is going to help for you. This sounds so simple and silly, but so powerful, and here's why. Let's say you have bank accounts, and right now you have a checking and a savings.
That is the best definition of financial freedom to not be having to make decisions on the constraints of money and having the choice. If you believe that, then this next tactic is going to help for you. This sounds so simple and silly, but so powerful, and here's why. Let's say you have bank accounts, and right now you have a checking and a savings.
Maybe you have others, but you probably haven't named them. And what I mean by naming them is like actually given a specific vision or a name. So let's say you want to go something serious, important for you. Let's say you want to go to Europe trip. So instead of just putting that money into checking, you actually create a new savings account and you label it as Europe trip.
Maybe you have others, but you probably haven't named them. And what I mean by naming them is like actually given a specific vision or a name. So let's say you want to go something serious, important for you. Let's say you want to go to Europe trip. So instead of just putting that money into checking, you actually create a new savings account and you label it as Europe trip.
Maybe you have others, but you probably haven't named them. And what I mean by naming them is like actually given a specific vision or a name. So let's say you want to go something serious, important for you. Let's say you want to go to Europe trip. So instead of just putting that money into checking, you actually create a new savings account and you label it as Europe trip.
Or if it's more specific, say Italy, the more specific, the better Italy trip, Italy, once in a lifetime, Italy trip. That's the name. And then as you start allocating money into there, here's what it does on a psychology deep level is let's say you โ some shiny object appears, which there's always shiny objects. It's something you can buy. Black Friday, Cyber Monday, there's a bunch of deals.
Or if it's more specific, say Italy, the more specific, the better Italy trip, Italy, once in a lifetime, Italy trip. That's the name. And then as you start allocating money into there, here's what it does on a psychology deep level is let's say you โ some shiny object appears, which there's always shiny objects. It's something you can buy. Black Friday, Cyber Monday, there's a bunch of deals.
Or if it's more specific, say Italy, the more specific, the better Italy trip, Italy, once in a lifetime, Italy trip. That's the name. And then as you start allocating money into there, here's what it does on a psychology deep level is let's say you โ some shiny object appears, which there's always shiny objects. It's something you can buy. Black Friday, Cyber Monday, there's a bunch of deals.
And then you're like, ooh, should I get this thing? You'll open up your bank account, and when you see that Italy once-in-a-lifetime trip โ You're not going to pull from it. You know why? Because now you're taking away from your vision. And if it lets some people, if you're saving for your kid's college, it's man, how bad of a person are you to have to take away from your kid's college?
And then you're like, ooh, should I get this thing? You'll open up your bank account, and when you see that Italy once-in-a-lifetime trip โ You're not going to pull from it. You know why? Because now you're taking away from your vision. And if it lets some people, if you're saving for your kid's college, it's man, how bad of a person are you to have to take away from your kid's college?