The mindset of overspending and not saving for the future is discussed, and the importance of investing in the right things for long-term financial growth is emphasized.
Investing in things to look cool may not satisfy you in the long term. Instead, investing in an environment and people to support and help you grow is always a great investment.
It's important to prioritize time for yourself, whether it's through a regular budget for play money or setting aside time for activities that bring you joy and take pressure off of your responsibilities.
The decision to invest in one's business or residence depends on various factors such as financial stability, benefits, and risks. A key benefit of investing in a residence is the availability of mortgage tax deductions, while investing in a business allows for personal growth and the potential for higher returns.
The key to success is working backwards to achieve your goals. If you want to reach a certain level of greatness, start by identifying the steps you need to take in reverse order.