Four Suits

The hardest part about growing assets and helping them to regenerate is getting started. Gary Keller talks about in his book The One thing how important it is to get started with the most important thing. What's your investment that you can catapult into other investments, that throughout time can pay massive dividends?

What if I told you someone took $18,000 in expenses for a tummy tuck and a designer dog and turned them into over $20,000 in income? What separates those paying thousands and thousands of dollars for doodads and expenses from those who are making thousands and thousands of dollars from the exact same purchases? It's our thoughts. It's our desire to think differently.

Would you be humble enough to listen to a child teach you about how to make money in your front yard? That's what I tried to do a few years ago when my daughter explained how much money can save when you get rid of a lawn. And then over a few years my wife and I discussed an opportunity to turn our front lawn into a money making garden. Or at least perhaps a garden that gives us many fruits and vegetables to keep our food budget a little bit lower. And today's episode I explain our strategy and tactics to dreaming and then implementing our ideas for a garden.

Often in a relationship you need to have a backbone to stand up when a financial decisions going to wreck your relationship. You also need big ears to be able to have a humble disposition when you're told that your financial idea is a flop or will financially ruin you. Are you willing to listen? And are you willing to speak up? If so your relationship with money and with each other will thrive!

What if everything you paid for actually could be had for free? There are many things we can enjoy in nature and with a relationships that are absolutely free. And then there's things, that we think always come with a price but they don't have to. Changing your mindset will often allow for things that are pricey to become free.

One suit was free. Another suit cost 120 bucks. And another one $500 with a $250 gift card going towards it. And another suit was about $200. Three needed dry cleaning; one didn't. What can you do differently to afford some of the most important things in your life?

Did you know you can stock your kitchen with items from a thrift store? What about books? Did you know you can often get books at 80% off of the cost of Amazon just by going to Thrift stores? The real question is what can't you get at a thrift store? Thrift stores can often even beat the price of outlet stores.

This man had already given so much of his time his money and resources and now someone wanted his oakleys as well? What do you think you did? How about the billionaire who is in college many years before he became a billionaire but gave so much that it actually pinched his finances? Why did he give before he had?

Bill O'Reilly has a captivating book about Elvis Muhammad Ali and John Lennon. As I listened to his book I realized that all three had broken the faith and confidence of their spouses. They hadn't been true and faithful. Fidelity Faith family and fun are crucial the true success. Using your finances just for fun leads to great despair. Use your finances for things that matter most like your family and faith.

Warren Buffett has said a lot of things over the last five or six decades. And many of the things he has said ring true. One of my favorite infrequently quoted quotes goes something like this: treat business like an investment and your Investments like a business. I reread that recently and was reminded of Robert Kiyosaki's constant admonition to have all of your assets in the business and investment categories. But what if you combine Kiyosaki and Buffett to make sure that you are improving your businesses and investments so that you always have an increasing net worth and most importantly excellent cash flow.