What’s likely messing up your investment goals more so than anything else, is your ability to manage your own financial expenses so you can afford investing into financial assets to begin with. You must shift from a consumer mindset to an investor mindset, which is arguably the toughest transition for many young adults or even older adults. Stop buying useless doodads. I saw an old college acquaintance of mine make an atrocious if not stupid decision to buy an expensive watch, and then brag about it on Snapchat. Rationalizing how shopping is great therapy when they’re feeling down. The day he went and bought a Tag Heuer Watch for a couple thousand dollars, I went and bought more Bitcoin, which costed me several thousands more. Obviously, I’m not trying to buy things that make me look rich, I want to buy the things that get me there. What has more appreciation potential, the doodad or an asset that has consistently gained in value since inception? I’d go with Bitcoin, but that’s just me. Most people, whether they recognize it or not, when buying big ticket items are buying them not realizing that most of the time, the long-term value of most purchases is usually $0. Washer machines, refrigerators, furniture, computers, TVs, virtually everything depreciates to $0. If you leave a house alone for 50-years, eventually you bulldoze the house down, and replace it with another house, or go and do extensive renovations to boost the carrying value of the asset. If it depreciates, there will come a point where it’s worth $0. Remember this for the rest of your life, and you will see purchases differently. Buying expensive products will feel good in the moment, but remember… That feel good moment doesn’t correspond with how it’s affecting your financial life. Because, when you turn around and sell doodads, whether it’s some golf set or nice clothes on eBay, you will find out how quickly your expensive purchase becomes garage sale garbage. After a while, you need to break this toxic cycle of making expensive purchases for items that are likely worth $0 down the road. Think of it this way, if Bitcoin increases in value by 10x the amount over the next five-years, which seems reasonable for a prediction. Could you honestly trade your hard-earned dollar, for something that’s likely going to $0, or would you rather have 10 more dollars? Most would say, I’d want 10 more dollars for 1 dollar, but then they go and buy items that are guaranteed to reach zero in value. Every time you spend money on items that don’t appreciate, you’re making a bad trade, always. It’s a matter of how good you are at optimizing money, and trading down. If the marginal value of something isn’t that good, i.e. a car is functional and good at $8k, but you spent $30K on a more expensive car, you’re guaranteeing yourself -$30K as opposed to -$8k. That’s $22k that could have turned into $220K in Bitcoin, but because you spent $22K more on a car, as opposed to an appreciating asset, you effectively lost $220K in opportunity cost and you’re still stuck with a car that will reach $0 in value after ten to fifteen years. A car is destined to the scrapyard, whereas speculative assets like stocks, and bitcoin could depreciate, but it’s not pre-destined to zero dollars like everything else. A car is a necessity in most parts of the United States due to suburbia, i.e. many of you will need a car to get to work. So, cars absolutely do have utility. Though, if you do the math, there’s very little reason to pay more, for an expensive car, especially when you weight the value of the car to the value appreciation of many different assets. So, to get into the investor mindset, look at every purchase like a 10x trade-off. Does the purchase justify needing to give up on 10x the money down the road? If the answer is yes, you may then proceed with the purchase, because there are cases where it makes more sense to buy an item than to invest. But, when you make the comparison, you will always look for ways to chop or reduce cost. Hence, you will always default to the investor mindset. If you want to learn more via video courses with my help, and the help of crypto millionaires, bitcoin foundation founders, and various other crypto pioneers who are at the forefront of news, information, and methodologies you’ve got to join the Bitcoin Crypto Mastermind program. We also provide live events, one-on-one consulting, and private communities where knowledgeable experts, and experienced traders interact with each other, share ideas, and keep a level of inclusion that can be found nowhere else. The program will remain open for a select period, so enroll as soon as possible.