There is a common misconception that investing is something only rich people can do. This is a lie, a lie told by poor people to themselves to make them feel less responsible for their own financial position.
So, here's a question, do you have anything you spend out on each month that isn't absolutely necessary for the betterment of yours and your families future?
Do you really need a Netflix account? Or, is that beer after work every night absolutely necessary?
We all do it, we all reward ourselves with things we don't really need using money we cannot really afford to spend.
So, I urge you to have a good think about what you could cut out. It may just be your morning Starbucks on the way to work, or your monthly Spotify subscription.
Now, once you've found a 'needless thing' to do away with, you have just acquired funds to invest!
Start with something small. If you buy two Starbucks a day, just buy one and put the cost of the second aside. Attempting to remove all your vices in one go is harder to maintain, so go small and you are far more likely to keep to it.
So it turns out, you DID have money to invest after all, now, the question is, how can one best invest these small funds?
We need a 'Needless Things' investment strategy, that's what we need!
If you are intrigued on how this all might work and play out, sign up at:
The People Empowerment Project
Where I'll be cutting out a 'needless thing' from my life, and investing it. I'll show you how I'm doing it, where it's going and how it performs over the next few years.
If you're thinking, ‘this isn't worth it, after all what can the cost of a single coffee do for my wealth', then consider this.
If you had put just $3.50 a day into bitcoin between January 1st 2014 until now you would currently have a little treasure trove worth $475k.
So. Errrm, how do you feel about that?
Sign up at People Empowerment Project and look out for the next newsletter where I'll be beginning this experiment.