11 ways I still live cheaply so $ is never a worry...
Airbnb Even When You Don't Need To:
- for as long as I can remember, I've rented out my house (for at least some portion) on Airbnb
- now I do it for all my properties
Yes even my main house. (weird to say "main house" outload - rich ppl sh*t).
Always Ask for Discount:
I used to think it was cheap to ask for discounts almost constantly. I thought it made me look poor. Then I traveled with my partner at my PE fund and he did it nonstop.
His reason - "No one does it, so more often than not, you'll get one."
Every Vacation Start Low go High:
My husband and I like to travel but the first 1-2 nights of a trip we'll stay at a cheap hotel, then a nicer one, then cap it off kinda luxury.
We appreciate the end more, and also realize a hostel or a motel has it's own charm.
Cooking Is A Life Hack:
I used to hate cooking. A LOT. Then my hubs showed me how much easier it is to keep a girlish figure when you cook yourself.
We treat it like a date night, wine, music and meals that would cost us hundreds cooked for 1/5 that.
Turn Your Trips into Profits:
Ever read Adventure Capitalist? It changed my life. Now every vacation I take small part to do some biz.
Tour an RV park, talk to a SMB owner, film content, meet an investor. If I can earn while I leisure I'll do it more.
Liabilities into Assets:
Don't be precious about things. They can't love you so don't love them. I rent out our cars on Turo, I resell books on amazon, I find cool things at estate sales and list them on etsy.
Never felt too rich to earn.
Nepotism Can Be Cool:
I like to hire my family. I've hired my brother, mom, dad, cousin and my husband before. The Rockefellers kept wealth for generations. How?
They didn't all sit and binge watch football on holidays they did deals together.
Dollar Stores & Discount Shops:
Lifestyle inflation is real, aka you earn more you spend more. I make myself push back on that.
I love the dollar store, I rarely buy new furniture or home goods, I'm a sucker for a sale.
It's all a game, make it fun to save.
Fixer Uppers:
Vacuum doesn't work toss it.
Computer fritzing out get a new one.
Electronics = 70% of our toxic waste.
Ever been into a vaccuum repair shop, check it out, they're wizards for $10-20.
Work with Your Hands:
There's a joy to labor. The dirty kind. You'll find me building shelves, hanging em, painting walls, fixing lights.
Why? Because it's a good reminder you are capable and your accomplishment is often even bigger than your savings.
Don't Look to be Entertained:
Biggest way you stop getting rich, is you mistake calm for boredom. So when you're tempted to see that movie, a fancy dinner, ask if you're just filling holes.
Then go take a long walk, a picnic, grab a book.
Better to be your own entertainer.
TLDR:
Better to be rich, than look rich.
Most get those two confused.
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