Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

46
Posts
58
Votes
Sara Martin
  • Developer
  • Santa Monica, CA
58
Votes |
46
Posts

The $5 Sandwich GOLD

Sara Martin
  • Developer
  • Santa Monica, CA
Posted

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

User Stats

9,899
Posts
15,907
Votes
JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
15,907
Votes |
9,899
Posts
JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied
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 :)

business profile image
Skyline Properties

Loading replies...