Find your profitable business idea ... this weekend

This weekend, I’m running a FREE mini-course on generating business ideas. To view this email as a web page, [click here]() [IWT Header] LOL at this avocado toast advice from a millionaire I never get tired of rich people giving stupid money advice. One of my favorites was on avocado toast. Yep, avocado toast. Here’s what sparked it: [Avocado toast advice from a millionaire] A couple of years ago I learned that if I want to save up enough money for a house… I NEED TO STOP BUYING $19 AVOCADO TOAST. YES. THAT’S RIGHT. ADVICE STRAIGHT FROM A MILLIONAIRE. Let me see if I got this right, guys. If I cut back on $19 avocado toast and $5 coffee, I can afford to put a 20% down payment on a house, and a house represents happiness and Americana, so finally, I can be happy. With the purchase of a house. And this MUST be true, since a MILLIONAIRE said it. A MILLIONAIRE, guys!!! Well, I’m also a millionaire, and I’m about to lay down some fucking real talk. No amount of saving on avocados is getting you a house. With the housing market skyrocketing post-COVID, the median price of houses listed in America [is now more than $400,000](). If you want a 20% down payment on that $400,000 house, you’ll need to cut back on 4,211 avocado toasts. At one $19 toast per week, that would take you 81 years to save a 20% down payment. In other words, according to this advice, you’ll be able to save enough for a down payment after the sun burns out. HOW FUCKING DUMB IS THIS ADVICE. This guy (and many others) also tell you to cut back on $5 coffees. Aside from the fact that we like coffee, if you run the numbers, $5 every day doesn’t really add up to that much. In this case, it would take you eliminating 16,000 coffees to save up for a 20% down payment on a $400,000 house. That’s eliminating buying $5 coffee every day for 44 years. Good luck, you poor caffeine-deprived bastard. Hey guys, if you give up water and oxygen, you can also save money too. In fact, you’ll never need to spend another cent after implementing this strategy for approximately 2 minutes. Why don’t personal finance experts talk about earning more money? Answer: Because they don’t know how. They’re not financial experts, they’re journalists. That’s why they write about cutting back — it’s all they know. They don’t know about [Big Wins]() or how to [automate your money](). They will never tell you how to afford a $1,000 dream coat or $5,000 dream vacation (even though they take them themselves). You need to follow better advice that actually rings true for you. As you can tell, I think this typical advice is bonkers. But I also have zero tolerance for people who just want to complain about how hard we have it. “Waa, our generation is screwed … student loans, Baby Boomers, waa.” We have more opportunity than ever before. Instead of complaining about the government or Baby Boomers, what have you done to live a Rich Life? Let other people cut back on random $2 packs of gum. There’s a limit to how much you can cut, but no limit to how much you can earn. Get really good at your job and negotiate your salary. Start a side business. Set your finances up to automatically save and invest for you. Learn how to improve your social skills, get more productive, and build your network. When you’re ready, start an online business. READ. God, I don’t even care if you read my material or other people’s. Just get off your ass, stop taking bad advice, and create YOUR Rich Life. Forward this email to 3 of your lazy-ass friends who need to see it. Tell them to get on the newsletter at [iwillteachyoutoberich.com]() from this weird Indian guy who wrote a New York Times [bestseller]() and takes no shit. Love me or hate me, I don’t care about that. What I do care about is that you do something today. Nobody else is gonna do it for you. --------------------------------------------------------------- What’s the most embarrassing money mistake you’ve ever seen? On Twitter yesterday, [I asked]() “What’s the most embarrassing money mistake you’ve ever seen?” I got some great responses. Here are a few: [Life insurance] [Impulse day trading] [Not opening a Roth IRA] [Click here]() to read the whole thread. If you didn’t get a chance to reply to my tweet yesterday, reply to this email instead. What's the most embarrassing money mistake you've ever seen? --------------------------------------------------------------- Why don’t personal finance experts talk about earning more money? In personal finance, you hear a TON about saving and investing. What you don’t hear much about is earning more. One of the best ways to earn more money is to start your own business — even if it’s a side business. When I tell people this, I usually get this response: "How can I start a business if I don't have an idea?" I have thoughts. This weekend, I’m going to show you how anyone can come up with ideas. But I’m showing this to ONLY people who are interested. [Click here](), and I’ll add you to the list of people getting the mini-course. [Signature] P.S. [Oh God](). [The True Cost of Upgrading Your Phone] Guys, this article is actually really good. I was going to buy a paper towel roll for my kitchen but now I realize that if I save that money, and the next 244,000 paper towel rolls, I can retire as a millionaire. THANK YOU. (Financial media has the creativity of a cucumber.) WHAT TO DO NEXT - REPLY TO THIS EMAIL: What’s the most embarrassing money mistake you’ve ever seen? - SIGN UP FOR MY WEEKEND MINI-COURSE: This weekend, I’m running a FREE mini-course on generating a winning business idea. I’ll send you four emails that walk you through a clearly defined process to come up with several business ideas. [Click here to enroll](). --------------------------------------------------------------- What did you think of today's newsletter? [Hated it]() [It was fine]() [Loved it]()   [Logo] [insta]() [Twitter]() [twitter]() [youtube]() [Linkedin]() [podcast]() This email was sent to [{EMAIL} .]() If you no longer wish to receive these emails you may [unsubscribe]( at any time. I Will Teach You To Be Rich 548 Market St #89946 San Francisco, CA 94104-5401