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Why be rich? (Relative vs Absolute wealth)

From

feedthewolf.com

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support@feedthewolf.com

Sent On

Wed, Jul 10, 2024 06:15 PM

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I wanna talk about WHY someone might want to be rich. First, let's talk about the word "rich." Rich

I wanna talk about WHY someone might want to be rich. First, let's talk about the word "rich." Rich is a relative term. Statistically I have and make more than 99% of the population. That's not me bragging, I'm just talking stats. But right now I'm writing this email from a coffee shop in Aspen, CO. In Aspen I'm basically a poor person. A town home here can be $10 million. I just paid $11 for a cappuccino. Why am I saying all this? Because absolute wealth doesn't matter. Objective wealth doesn't matter. What matters is relative wealth. Do you have more wealth than you need to buy the things YOU want? That's relative wealth. Relative to what I want, I have more than I need. Let me explain. Absolute wealth is a dangerous game. If you're competing to be richer than everyone else than you literally need to be #1. That's a losing game. If you're constantly trying to have more than the people around you, that's probably a losing game too. Because even if you end up with more than all your peers, you'll end up with richer peers that still have more than you. What matters is that you know what matters to YOU. Let me demonstrate with an example from my life right now. I LOVE football (soccer). I'm a die hard Liverpool and England fan. Right now, England is in the semifinal of the Euros. The Euros is the second biggest tournament in the world after the World Cup. It only happens every 4 years. England lost in the finals last time to the Italians...on penalties. It was horrific. Today England is playing the Dutch in the semifinal. If we win, we go to the final. The final will take place at the Olympic Stadium in Berlin, Germany. My dad is the English parent and he's a big fan too. So I decided to buy tickets to the final before England has played the semifinal. The tickets were a little over $5,000. For most people, that's too much. But for me, going to the match could be one of the best days of my life. I get to take my dad to the tournament (that he would never pay for) and have a once in a lifetime experience. He's the reason I'm a psychotic fan and he's 71 years old so there's a chance England doesn't have a shot at another title in his lifetime. (Not because he's old or dying...but because England's last tournament win was in 1966 when he was 13 years old haha.) So here's the lesson I'm trying to get at: To ME, $5,000 for tickets to a once in a lifetime experience with my dad is beyond worth it. And it's also not a lot of money to me so it makes the decision even easier. (Plus, my flights to Europe are free in first class cuz I have a ton of points.) What matters is not how much money you have or make. What matters is that you can do what matters to YOU. For some that may just be having a decent house and being debt free while having the time to play with your kids. For someone else it may be a super yacht, a helicopter, and a submarine. Hopefully that makes sense. And since England hasn't played yet today I figured I'd do something fun... If England wins today I'm gonna take 50% off my [Remove Your Money Blocks]( course that helps you rewire your relationship to money. If England loses, I'll take 25% off. I'll run the sale until Sunday night either way. So hopefully England wins for everyone's sake. If they lose I'll have to sell my tickets and cry. Talk soon, Ian "it's coming home" Stanley Sent to: {EMAIL} [Unsubscribe]( Almost Passive Income, 13359 N. Hwy 183, Ste. 550, Austin, TX 78750, United States

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