One of the best feelings in the world is going to bed at night with cash in money-generating investments.
The world is different when you have no debts.
No debts = no worries.
The feeling compounds when your money is put to work.
Tension melts away.
Cash sitting in checking accounts is just money awaiting orders. Cash turned into depreciating assets (cars) is an army that is experiencing attrition.
Eventually, you will be left with no soldiers (think EU4).
Every dollar must be given an order. Lead.
I want to explore some scenarios.
Assume you are 25. No money invested.
Scenario 1: If you took $100 per month and placed it into a savings account it would be worth $55,000 in 40 years.
Thatโs nice but not enough. The goal is independence.
We want more. Have standards.
Scenario 2: If you took $100 per month and invested in basic index funds. It would be worth roughly $700,000 in 40 years.
Thatโs a lot of soldiers and $100 per month is not even a sacrifice. You can cut Cable TV and make that happen immediately.
It's bad for you anyway. Do it.
Scenario 3: Let's think BIG.
What if you became a badass and rebelled against society?
Letโs assume you made a real effort to not be a sucka. What if you took $2K per month and invested it?
It would be worth over $12,000,000.
That's not a typo. That is generational wealth.
No deep esoteric knowledge is required.
No high-risk investments are even needed.
The only ingredient required is discipline.
Now you might be asking yourself, โHow do I get started?โ
Let me give you a tip.
Think of EVERYTHING from a net-worth perspective.
Net-worth trumps ALL financial statistics.
Why?
If your net-worth is allocated properly it can become the source of your income stream.