How I spend money
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- Опубліковано 11 лип 2024
- 👉 Learn more about indexed annuities with Revise: www.getrevise.com
Welcome to Big Money Adventures, where we turn typical finance advice on its head. Forget about penny-pinching and extreme saving-here, we focus on spending money in ways that bring joy and make life unforgettable. From extravagant mini-vacations to adrenaline-pumping hobbies, and meaningful gifts for loved ones and everyday heroes, I share how to maximize the enjoyment and impact of your hard-earned cash.
Full episode on Spotify: open.spotify.com/show/3aoAPG9...
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Chapters:
00:00:00 - Spending Money Wisely and Enjoyably for High Earners
00:01:01 - Introduction to Revised Annuity and Investment Losses
01:55:00 - Questioning the Programming You Grew Up With
00:02:49 - The Benefits of Mini Vacations
00:03:42 - Recharging on Vacation and Investing in a Hobby
00:04:35 - The Thrill of Racing
00:05:27 - Doing Crazy Things for Loved Ones
00:06:19 - The Power of Building Relationships with Everyday People
00:07:08 - Spending Money Meaningfully
I’m not in your tax bracket but have been very fortunate. Helping others who work hard is my greatest pleasure. My tips are generous…. I love brightening the day of people who make my life better.
I took up fencing at age 60
6:19 Wholesome!! Very true and wise! and the good part about that is, you don't need to be rich to start making other's day better
Helping people and giving small gifts is always good, even for those who don't have much money. I agree that these gestures brighten someone's day and feels good for making them happy. I'm far from being able to buy concert tickets for friends, but am able to help someone move or spend time with a neighbor who is in the hospital.
The more you give, the more you receive! Great advice!
Great advice as always, especially the last bit. Treating people right pays dividends. For Father's day my friend Chris who is a bartender had the server bring me a great beer 🍻 on the house because I always treat the staff well. Kindness is free and it goes a long way.
Pro tip... "If your vacation requires recovery time...maybe rethink one's concept of 'vacation'..?" 😁
You nailed it. I always feel good when I spend money on others.
Reminded me I used to work with a guy who was a really good machinist that raced on weekends. Besides working on his own cars he had a lot of people he spent time with asking him to work on their dings in his shop. Not a bad extra to finance his "hobby"
Mr Crown 👑
This isn't something huge but I brought my sister to Disney World last year and she was just so happy and crying by the end of it. Worth it!
Hunting is where I pursue my passion. Being way back in nature away from civilization, learning self efficiency and engaging in a cat and mouse game to hopefully secure food for my family. It’s both invigorating to the soul and humbling in the tremendous effort it takes to be successful at it.
If you want to spend money, get into making Jewelry or any handcrafted thing and buying tools 😂😂😂
I love you man thank you for all the help. God bless you🎉❤❤
Such a great insight. Help those that help you. Bare minimum. Then find more to help. Huge returns, karmically and otherwise. Life ROI.
Racing is living all the rest is just waiting. Miata is a good beginner car, I recommend a move to entry level open wheel cars. Go to driver schools and get some seat time in open wheelers. its hard to describe how much better driving a car that approaches 1200 lbs is. Purpose built cars are actually a lot easier to maintain and cheaper to repair. Been club racing 35 years owned 6 different cars and by far my standard formula Mazda is the best car ever. Driver quality is far better than in any tin top category.
Challenge accepted although I feel like my most basic function in life is to make others smile
It takes a full day or more to get from Denver to Malaysia or Japan for a getaway. Gonna have to be at least a week. Emirates from DEN to DXB to KUL and back.
How do you spend your money on the food that you eat? What does a rich guy actually eat day-to-day? I bet there's some Taco Bell in there somewhere.
based
I was about to make this comment 😂
Just curious Mr Crown, what college degree did you get to get into corporate America, and to be a successful business owner?
I majored in applied economics (finance) - this was a nice boost but by no means the root of my success. My attempts and failures taught me more than the classroom did
@@NicholasCrownUA-cam thank you Mr Crown! As I’m getting close to applying for college, the world of business, economics, and finance has struck my interest quite a bit, and your videos have helped me learn a lot of things. Thanks again.
If you like racing, you should try flying!
I pay taxes - giving to the needy - check
2nd here!!
First one here!
Welcome my friend 🤝
i have a question is it possibe for you to give the best possible guide on the internet to start investing, making an investing account from scratch how to buy a stock what to use to buy a stock