Some people say I’m crazy. Why? Because I’m obsessed with my finances.
I LOVE MONEY!
And I’m not saying money is everything. To me, family, health and happiness are the most important things in my life. There is no amount of money in the world that I will exchange for those 3 things.
So why do I say “I LOVE MONEY” with capital letters if it isn’t the most important thing in my life?
Because I really do love money. I understand it, I love studying it, I love talking about it and I am not afraid of it.
I read an article in the past from CNBC that discussed the Ostrich effect. You can read the article here: https://www.cnbc.com/2020/04/20/take-5-minutes-to-set-up-daily-bank-account-alerts.html
To summarize, the Ostrich Effect refers “to the myth that ostriches stick their heads in the sand to avoid unpleasantness”. The article goes further in stating that many people avoid looking at their finances because they are afraid.
To me, this was shocking. I check on my finances pretty much everyday. It is a like a hobby of mine. I’m a little obsessed.
But I believe this obsession is why I’m pretty good with my money and I’ve put my family in a pretty good financial position at this point in my life.
We always talk about getting to the position of fuck you. Well to get there, you can’t be afraid of money.
I find myself constantly picking up a calculator and calculating my net worth. Or reading an article or book on investing. Or calling up a mentor and getting their opinion on an investment. Or calling my realtor to get an update on the current real estate market. And so on and so on.
Think of that one guy or girl from high school that is still super fit, six pack and all. They’re constantly updating their social media with their workouts, mirror selfies, or a picture of what they had for breakfast that day.
As annoying as it is, it’s that obsession that makes them so fit. They’ve learned to love health and fitness. That same person actually gets excited about going to the gym or the farmer’s market to buy fresh avocados! And they constantly check themselves out in the mirror.
That is the obsession and joy you need to get from money if you want to get to the position of fuck you and be financially free.
People say I’m crazy, but I check up on my bank accounts and investment accounts almost everyday on my phone. Not because I’m worried, I just enjoy doing it. I constantly like seeing how markets are doing and how my portfolio is doing. It is like a hobby of mine.
So moral of the story…learn to love money. Enjoy it. If you make money, learn why you made it. If you lose money, learn why you lost it. If you feel like you can’t save enough of it, track your expenses and come up with reasons why you can’t save enough. Take a liking and learn from every investment you make.
To your financial freedom,
Mike
P.S. One great way to enjoy money is to read our member’s only newsletter, which is packed with CURRENT money-making ideas, as well as lifestyle and economics tips. Learn all about it HERE
P.P.S. Education has always been our best investment. But only when that education was something we enjoyed, like real estate investing seminars or mastermind memberships.
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