Issue #020: How much did you save last month?

Maybe you’re looking in the wrong direction

Read Time: 2 minutes

👋 Hey Money Peeps,

How much did you save last month?

No, actually, hit reply right now to this email and tell me.

Now there’s a few reason that 99% of you reading this email aren’t going to do that.

  1. You don’t know how much → you should probably change this ASAP!

  2. You dislike talking about money → what about typing it?

  3. You’re feeling guilty → Guessing you know you shouldn’t have spent so much last month

Or maybe there’s a fourth option, it’s rude for me to ask that question without at least offering you an answer back.

So here’s my answer:

£0.00

That’s right, the self proclaimed personal finance expert saved nothing last month.

Might as well unsubscribe from this newsletter right now.

Now I’m not even going to justify the reasons for why my savings were so low last month, because that’s not what this week is all about.

“Well what is this week about then?”

Alright - give me a second, I’m getting to it…

It’s all about this:

“You’re saving’s are limited to what you earn, but you’re earnings are infinite”

Huh?

Translation: When trying to save more to build wealth, you’re looking in a downwards direction meaning that number is always gonna be capped by how much you earn . But when you look upwards, you realise that the amout you can earn is literally uncapped.

For example: You could spend an hour trying to find a 10% code on that £30 order you’re about to make. Or you could put that hour towards learning how to build websites so that you can eventually sell your services for £100/hour.

But I have no idea how I could earn more money?

Really?

I’m spending the next 2 weeks dogsitting for £500.

Enough said.

The internet means it’s never been easier to increase your income.

Just be a little creative.

P.s. If you’ve got this far and you still haven’t told me how much you saved last month, do it now.

Let’s start talking about money!

👀 Thing’s I’m liking this week

👨‍💻Rover - The app letting me make money for looking after a dog that I would have done for free

p.s. Use code GABRIN16337 and sign up here if you’re interested

In case you were wondering If I was making this up…

Thank you once again for spending some of your time with me & reading Let’s Talk Money.

Talk soon,

Gabriel - That Money Guy

Whenever you're ready, there are ways I can help you.

1. ​Hit reply to this email: I respond to every single question I get from these newsletters, so please don’t be shy!

2. The Budgeting Template PRO: Most of you have probably tried the lite version, but the PRO is what I use in my day to day life. (use the code ‘letstalkmoney’ for 30% off)

DISCLAIMER: None of the above is financial advice. This newsletter is strictly education and should not be taken as investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and always do your own research.