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Updated almost 6 years ago on . Most recent reply
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The $5 Sandwich GOLD
I am a young person constantly seeking personal and financial development, I'd like to share some encouragement with those in this community whom share that same passion!
Graham Stephan, a young and established real estate agent and mastermind of investing (who became a millionaire by age 26) said he brought a $5 subway sub to a fancy restaurant to avoid spending $80 tab. You could call it frugal, cheap, "bending the rules" - I call it innovative thinking to save that cash!
“You don’t have to deprive yourself to be successful, you just have to be smart about the things you chase.” - Graham Stephan
Compromise. He attended his friends dinner, was fed well, saved 93% in food costs.
- The beach, nature, hiking, gardening, reading, writing, running, drawing, breathing - FREE CREATIVE OUTLETS
- Grocery shopping, making coffee at home, selling/donating unused items, eating less, driving less - REDUCE COSTS
To the person reading this: I know you work hard, you are trying to invoke the best version of yourself, to build a future and become established. You are inspired by motivating people, you do things that maybe go unnoticed, while debbie-do-nothing is scrolling through instagram you are picking up the slack. So you decide to live a little and treat yourself to that cappuccino on your break which pumps you up - you decide sushi for lunch is worth your efforts...
You are caught between trying to sacrifice the feel good moments in order to save and get ahead, OR spend a little for some content and happiness through out your day. The 'sacrifice' will be worth your TYME & MUNNY that you work so hard for.
The great news is you don't even have to deprive yourself - your coffee from home is just as good, your time with yourself is invaluable, your hard work is not unnoticed, especially by YOU. :)
Each micro-decision gains momentum to your future. Each dollar saved can be invested.
After all, "You don’t have to deprive yourself to be successful, you just have to be smart about the things you chase.”
Thank you for reading!
Most Popular Reply
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Originally posted by @Sara Martin:
Graham Stephan, a young and established real estate agent and mastermind of investing (who became a millionaire by age 26) said he brought a $5 subway sub to a fancy restaurant to avoid spending $80 tab. You could call it frugal, cheap, "bending the rules" - I call it innovative thinking to save that cash!
“You don’t have to deprive yourself to be successful, you just have to be smart about the things you chase.” - Graham Stephan
Compromise. He attended his friends dinner, was fed well, saved 93% in food costs.
I'd like to know how the hell he didn't get thrown out of the restaurant! He might call it "innovative thinking" - if it was my restaurant, I would call it "utilizing my facilities without spending any money", or another fancy way of saying "leech mentality". A better idea? Eat like a hog before you go and at least order a $5 coffee. Or figure out another way to save $80 that won't embarrass your friend and take advantage of the restaurant. Or find a set of friends that won't insist on having fancy dinners at expensive places and expect everyone to pay their own way. ETC.
I get what you are getting at in your post, though :)
- JD Martin
- Podcast Guest on Show #243
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