DiscoverBuild Your Network284: Freestyle Friday | Stop Spending Money on Dumb Things
284: Freestyle Friday | Stop Spending Money on Dumb Things

284: Freestyle Friday | Stop Spending Money on Dumb Things

Update: 2019-06-14
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Description

On this episode of Freestyle Friday your host, Travis Chappell talks about the stupid things you might be spending your money on. Many people walk around looking and acting the part of a wealthy person, but they’re far from it. Find out how to be the real deal.


Episode Highlights:


  • How Travis learned that a lot of people act like something they’re not when it comes to money.
  • The waiter at an expensive restaurant in L.A. let them know that the people who are truly wealthy are the most unassuming.
  • There’s so much more value in taking your money and investing them in things that make more money.
  • Learn from others mistakes.
  • You need to have multiple income streams, cash producing assets, and other things that make you money before you buy something that makes you more money.
  • Don’t overleverage yourself when things are going well.
  • Always be playing the long game.
  • Practice delayed gratification.


3 Key Points:


  1. Learn from others mistakes.
  2. Understand that money doesn’t last forever.
  3. Always be playing the long game.



Tweetable Quotes:


  • “If you’re going to spend money on something, try to spend it on experiences instead of things.” -Travis
  • “I’m not bashing nice cars, I love nice cars, but be disciplined and don’t buy one until you’re actually ready.” -Travis
  • “Money doesn’t last forever, economies change.” -Travis



Resources Mentioned:


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284: Freestyle Friday | Stop Spending Money on Dumb Things

284: Freestyle Friday | Stop Spending Money on Dumb Things