257: Spend Your Money … Lots Of It

Five benefits of spending your money are discussed.

(What – is this irresponsible?)

Keith Weinhold tackles the rarely-discussed benefits of money-spending:

• You beat inflation.
• You don’t “lose” money; you spent it how you desired.
• Ensure a better quality of life.
• You help the economy exact where you want to.
• Spending is more fun than saving.

Many are afraid to discuss the topic of spending.

Also discussed – what goes into home price appreciation, how inflation persists despite decades of technology, Millennials waiting for home prices to drop.

Back to spending:

• Are “cheap” people annoying? 
• School is irrelevant to wealth.
• Don’t cut expenses; increase income.
• The only place you get money is from other people.
• Buy top vacations, wellness & exercise, mattress, vision, shoes, dental, home renovation, unprocessed food, phone.
• Spending is an investment in yourself.
• Experiences vs. Stuff.
• Money is fuel; it’s only potential.
• The $25,000 taco.
• Giving to charity.

Benjamin Franklin: “Wealth is not his that has it, but his that enjoys it.” 

Then, a discussion with our Tampa provider about finding the right rental property neighborhood. 

Join us on our upcoming Tampa Real Field Trip, Oct. 10th to 12th. Start at RealEstateFieldTrip.com. 

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