Abu Lahya explains "future money": instead of skipping a $3,000 safari because your cash is tight, commit to earning it through future work, like an extra YouTube video and ten ads. Enjoy now, pay for it with money you're about to make.
Chapters
Have I ever spoke to you about future money? So future money, whenever you want to buy something, you can either pay for it if you can afford it, and you want to buy something that costs $1,000, you got $3,000 in your bank account, you go back to $2,000, you can afford it. But when you're in a situation where the budget you have in mind and the thing you want to buy is close, close, so you have $1,000 in your bank account, the thing you want to buy is $1,000, you like can pay for it, but it's like, where's you? It's a lot. It's then what you do instead of saying, oh, I can't afford it and I don't buy it, you use future money. I'm gonna buy it with $1,000, but I'm not gonna use this $1,000 But the 1,000, I'm gonna get— take it from somewhere else. How can I make 1,000 that's gonna justify me spending this? So you want to buy it for 1,000, you're gonna say, okay, where am I gonna get this 1,000 from? I need to create more things in my business that are going to allow me to make more money, and I'm gonna use that money. For example, now with which is a deal, say you want to do a safari. Safari is going to cost us— it's crazy expensive, huge resort, you see all the animals, hosted on site for 3 people, for 2 people, 3 days, big thing. But it's like 3,000. But I don't want to spend 3K on that. I want to have the experience, but 3K is expensive. We're not making that much money. I can either say we're not do it, I can say you get future money. So now, before even agreeing to do it, in order for us to make this work, we're going to make one more YouTube long-form video that we would have not posted otherwise, and we're going to also make 10 more ads. And these different videos, different things we're going to do are going to generate us that money, and then we're going to use that money to buy the safari. I can use the 3,000 I have in my bank account now, but I'll have to put them back from future money. This is how you can afford to buy better experiences, to enjoy your life without having to always look at your budget. You buy with future money.
