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Pejman Ghadimi

๐Ÿ‘ค Speaker
835 total appearances

Appearances Over Time

Podcast Appearances

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

There's so many authorized and really reliable jewelers in the world that are selling secondary watches and they're real and they're not like issue. They have the same paperwork, the same warranties, the same everything. And they're just sold at 50 cents on dollar.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

Zero. So the reason we started this was because we realized people want luxuries. Sure. Like this, it wasn't about teaching people how to start jewelry stores. Like I could care less for that. That's a real business. It requires all the logistics, the licensing, this, none of that. Yeah. None of that stuff. The point was, if you're a normal human being, you'll technically aspire to make money.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

Zero. So the reason we started this was because we realized people want luxuries. Sure. Like this, it wasn't about teaching people how to start jewelry stores. Like I could care less for that. That's a real business. It requires all the logistics, the licensing, this, none of that. Yeah. None of that stuff. The point was, if you're a normal human being, you'll technically aspire to make money.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

They're listening to Money Mondays. They want to make money. The point is, if you learn to make money, typically you want to make money because you want to improve your lifestyle. First, you improve your house. Then you improve your car. Then you tend to indulge in travel, luxuries, etc.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

They're listening to Money Mondays. They want to make money. The point is, if you learn to make money, typically you want to make money because you want to improve your lifestyle. First, you improve your house. Then you improve your car. Then you tend to indulge in travel, luxuries, etc.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

My argument has always been, no matter who you are, if you aspire to do great things, you're going to legitimately end up in a position to buy great things. And when you buy them, there's only two ways you buy them.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

My argument has always been, no matter who you are, if you aspire to do great things, you're going to legitimately end up in a position to buy great things. And when you buy them, there's only two ways you buy them.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

Either you buy them in a fashion that allows you to keep buying them without losing money, and in many cases, turning even your hobbies or things you want into a money center, or you end up creating expenses all the time, And ultimately these expenses never come back and you have to keep making even more money to keep upgrading your lifestyle.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

Either you buy them in a fashion that allows you to keep buying them without losing money, and in many cases, turning even your hobbies or things you want into a money center, or you end up creating expenses all the time, And ultimately these expenses never come back and you have to keep making even more money to keep upgrading your lifestyle.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

So we all know that even our dream car is only our dream car for a very short period of time. Like we know that there's another car we'll want more. We know when there's a cool watch we like, there's a better watch we'll eventually want more or a second one. So the argument is, you know you're going to divorce these things anyways. They're not there to be loved forever.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

So we all know that even our dream car is only our dream car for a very short period of time. Like we know that there's another car we'll want more. We know when there's a cool watch we like, there's a better watch we'll eventually want more or a second one. So the argument is, you know you're going to divorce these things anyways. They're not there to be loved forever.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

So when you buy them, buy them in a manner that allows you to make money off of them when you get rid of them, instead of actually lose money every time you do it. This is one of the key things that athletes don't learn. Because if you think about someone who doesn't have money training, typically comes into the game. The first thing they go, I got $100 million. I got to buy cars.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

So when you buy them, buy them in a manner that allows you to make money off of them when you get rid of them, instead of actually lose money every time you do it. This is one of the key things that athletes don't learn. Because if you think about someone who doesn't have money training, typically comes into the game. The first thing they go, I got $100 million. I got to buy cars.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

I got to buy this. What if they bought these cars, right? And at some point they said, oh man, I overspent. I need to get my money back out of the car. And instead of saying I paid 600K for a car, I got 300K back. They said I paid 550 for a car. I got 540K back.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

I got to buy this. What if they bought these cars, right? And at some point they said, oh man, I overspent. I need to get my money back out of the car. And instead of saying I paid 600K for a car, I got 300K back. They said I paid 550 for a car. I got 540K back.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

Right. So it's like, okay, so I made a mistake. I shouldn't have bought that car. Maybe I over... But I didn't lose that money. It was just sitting there in the right car. And I didn't want it now. You know, for any reason, like I only need two cars instead of 10. It is what it is. So... We have been brainwashed as a society to think clearly that our job is to make money. So we spend money.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

Right. So it's like, okay, so I made a mistake. I shouldn't have bought that car. Maybe I over... But I didn't lose that money. It was just sitting there in the right car. And I didn't want it now. You know, for any reason, like I only need two cars instead of 10. It is what it is. So... We have been brainwashed as a society to think clearly that our job is to make money. So we spend money.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

And one of the things we've been teaching people since 2010 is you don't need to spend money to have lifestyle. You can learn to park money. And while you can't park money and travel because it's or in food, like if you go to restaurants, money's gone.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

And one of the things we've been teaching people since 2010 is you don't need to spend money to have lifestyle. You can learn to park money. And while you can't park money and travel because it's or in food, like if you go to restaurants, money's gone.

The Money Mondays
Why Buying a Lamborghini Could Be Smarter Than Saving Money w/ Pejman Ghadimi ๐Ÿ’Ž E122

At the very least, the largest purchases you make, like your home, your car and your jewelry, and even the handbags you buy for your wife, your girlfriend or whatever, Or for yourself, those things can be places you park money and recycle that money over time. And people really, this is the interesting thing then, like people know this already when it comes to housing.