“I never know when spending money on something will be an issue with him”

This week, part 1 of my conversation with Brad and Becca. To view this email as a web page, [click here]() “I never know when spending money on something will be an issue with him” I got some great feedback from podcast listeners that you wanted to hear from more couples with different incomes and different net worths, not just millionaires who aren’t sure how to spend their money. And we listened. This week, part 1 of my conversation with Brad and Becca. They’ve been married for eight years and have three children. They have an income of around $105,000. They have a $290k mortgage, $35k car loan, $25k RV loan, and $10k in credit card debt. I asked why they bought that truck. “We need it to pull our trailer.” Plus $400/month in gas. This is classic tail wagging the dog. We buy something, only to need to spend even more. Eventually, we’re trapped. This is very common with people who grew up unsophisticated with money. They don’t use the “[28/36 framework]()" or look at total cost of ownership. They rarely save ahead. They buy something because they want it now. They can “afford” it with monthly payments on credit, whether store cards or regular credit cards or loans. These are huge money traps. As our conversation progresses, we learn about Brad’s complicated emotions around money. Becca is tired of the roller coaster ride. This is a very different type of conversation than you normally hear on the podcast. [Click here]() to listen to part 1 of my conversation with Brad and Becca on the latest episode of the I Will Teach You To Be Rich podcast. New episodes are released Tuesday mornings. Subscribe on [Apple](), [Spotify](), or anywhere you get your podcasts. “It is a collection of little things” A Rich Life is not only about the big things — once-in-a-lifetime vacations, extravagant hotel stays, fancy cars, or houses. Yes, it can be those things. But a Rich Life is also found in the “little” moments. [Vivek Goel] Vivek Goel recently shared both kinds of Rich Life with me. "My Rich Life moment may not be as sexy of a story, but it is still meaningful to me. Life doesn't always move smoothly in the direction we want, and a few years ago, I was in a situation where I had to cash out a significant portion of my 401(k) to cover unexpected circumstances. Ever since then, despite having a career that pays me well, I have felt the pressure of insufficient financial security. This affected my relationship with and psychology around money. Launching a successful business to complement my career has given me the ability to accelerate the rebuilding of my financial safety net, while simultaneously allowing me to enjoy life more. It is a collection of little things... enjoying a lavish meal without guilt, not sweating paying extra for conveniences, setting aside extra money to help my parents out... all while being on track to meeting my own long-term financial goals. One moment that stands out is being on vacation in Scotland, at the Glenfinnan Viaduct, waiting for the Jacobite Express (the Hogwarts Express) to come steaming by, while my business continued to operate and make sales. It is a fantastic feeling to have built something that delivers real value to my customers, while allowing me to take the time to enjoy life a little more." [Vivek Goel] Love the photo! Notice how Vivek is able to live his Rich Life — with a business that continues to run even while he’s doing other things that are meaningful to him. If you have doubts about starting a business, read this Vivek learned how to start and run his own business with [Earnable](). When I asked readers, over half of them told me they’ve been thinking about starting a business for years. [How long have you wanted to start a business?] Think about that. Years! We want the freedom of an online business… we spend the time and mental energy thinking about it for years… and yet we get nowhere. Sure, we read blog posts about it. We think about what life would be like if we had a business. We dream about setting our own hours, working from home (or a coffee shop), buying a round of drinks for our friends — or even sending them an unexpected gift — and never worrying about the cost. We WANT an online business. So when presented with the opportunity to follow a step-by-step system that's delivered proven results and learn exactly how to build our own online business, something very peculiar happens. Doubt sets in. There are three fascinating ways this doubt manifests itself. Doubt #1: What-if’ing We start by questioning whether this is right for our special situation. - "What if I don't have a business idea?" - "What if I'm not an expert?" - "What if I don't have a website?" - "What if I live in ____?" - "What if I try this and don’t follow through?" All of these are powerful and very real emotions. But they're not valid reasons to avoid starting a business. Notice that even though I’ve answered those questions repeatedly (Earnable DOES help you identify a business idea, even if you’re not an expert, and on and on), our mind still drifts back to What-if’ing! “Yeah, I know Ramit says Earnable will help me find an idea, but what if...” The truth is, everyone who created something valuable — whether it’s an online business, a work of art, even a great speech — faced doubts like these. The difference is, they trusted themselves enough to acknowledge these doubts, then set them aside and took action. Doubt #2: Slicing the pie The next doubt is the easiest and most obvious: We say, “I can’t afford that.” This is the equivalent of saying, “I’m too busy to do ___,” when in reality, we all have the same 24 hours. “I can’t afford that” is a phrase that’s easy to fall back on. And if it’s true — if you really cannot afford Earnable, or if you have credit card debt — I respect that. It’s a substantial investment, and if it’s not right for you, you should not join. But consider three things: - I added a 12-month payment plan to make this program as affordable as possible. - Don’t just focus on COST, focus on VALUE. What if you could make $50,000? $100,000? More? (In fact, I have a calculator showing you exactly how much you could make.) - The cost of missing out. Notice how the last time you invested in something, you took it seriously and followed through. What about the last time you didn’t invest? Did you do anything with it? Your financial situation matters. But it’s too easy to fall back on “I can’t afford it.” Instead of saying, “I can’t afford this,” if you genuinely want to start an online business, reframe it as, “How can I afford this?” Instead of spending money on “wants,” what if you decided to invest in yourself to build an asset that will grow over time? 10 years from now, would you look back and thank yourself? “In 9 months, since starting my business, I've made over $35,000 while working from home and/or traveling the world. I work under my own hours and choose the clients I want to work with. I am not afraid where the money will come from. I can work from anywhere, and money keeps coming in. I am my own boss, I don't answer to anyone but myself and I work under my own terms." MIRNA BACUN MIRNABACUN.COM [Mirna Bacun]   "I've officially made as much in the last month as I did in the last year. Just this past month my revenue was $29,000. Best of all, what’s enriched my life is seeing the impact my work has had on real people." PETER NGUYEN THE ESSENTIAL MAN [Peter Nguyen]   Doubt #3: Alibi hunting This is the most curious one of all. I discovered this phenomenon years ago, when at the end of a webinar, people would ask 15 questions, all increasingly obscure: “Does your course work for people who live in Europe, but only have three hours free on Tuesday afternoons, but not on the Sabbath, and also not on the 4th of July because I like taking my cats for a walk?” “Um, no,” I would say, “my course probably can’t help you.” “SEE!” they would say. “I KNEW IT. I KNEW THIS COURSE WOULDN’T WORK FOR ME.” They were hunting for an alibi to use to not take action. And once they found an obscure reason not to join, suddenly they felt liberated to justify their inaction. This is Special Snowflake Syndrome in its most devastating form: It lets us remain stagnant, then rewards us for staying stagnant because, of course, nothing can help us and our special situation. Top Performers take a totally different approach: They say, “Look, I know that no course can be 100% perfect for me. But if I trust this material works and I believe in myself, I’ll make it work no matter what.” Vivek took action. Listen to this: “Launching a successful business to complement my career has given me the ability to accelerate the rebuilding of my financial safety net, while simultaneously allowing me to enjoy life more.” Yes! You don’t have to build a 6-figure company right away. In fact, you probably won’t. But if you start out small and follow the steps in Earnable, you can achieve 6-figure status. Tomorrow, I’ll share stories from Earnable students who have achieved that goal. [Click here]() to read more about how Earnable can help you overcome doubts about starting your own business. It’s normal to feel doubt — I felt it myself when I started. That’s why I include a 100%, 60-day, money-back guarantee. Try the ENTIRE program, following my specific action steps, then decide if it’s right for you. [Earnable]()   [Signature] WHAT TO DO NEXT LISTEN: [Click here]() to listen to part 1 of my conversation with Brad and Becca on the latest episode of the I Will Teach You To Be Rich podcast. [SIGN UP]() JOIN: [Click here]() to read more about how Earnable can help you overcome doubts about starting your own business. [SIGN UP]() How did you feel about today’s email? [Hated it]() [It Was Fine]() [Loved It]() [insta]() [facebook]() [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. 548 Market St #89946 San Francisco, CA 94104-5401