passive income, no viene de trabajar. inversiones.
enough? how much is enough? in a worst case scenario you are OK. Podes comer, podes pagar las cosas básicas. state of having enough passive income to be OK in critical moments. El día a día no tiene que cambiar, pero la idea y el pensamiento de tener ese backup es muy importante y ayuda mucho.
you can do anything but not everything
earn more or spend less? what is the goal? increase the gap of whay you make and what you spend
no compres un cafe de 5 dolares. Entendes por que necesitas o queres ese cafe? de verdad lo necesitas?
housing, transportation and food. biggest expenses.
what is the point to allocate your budget in categories?
el objetivo es ahorrar? empezar por ahí.
savings = making the gap bigger
financial independent != big wealth
saving is not delayed gratification. i’m super gratify by watching my network go up.
compounding growth.
por que quiero ahorrar? focus on the advantages. Cualquier cosa que mejora tu net worth, es bueno.
loss aversion, losing money feels worst than winning the same amount, negativity bias