Jayson Lowe argues that society normalizes monthly payments, training you to focus on leftover income instead of building wealth. He contrasts spending wisely with capitalizing wisely, and introduces a "first policy" as a domino that can shift your thinking. Start now or penalize yourself later.
If you can relate to this, right, that society normalizes monthly payments, that's what everyone thinks in terms of, right? They determine, here's how much income I'm keeping from what I earn after deductions, taxes, et cetera. And I have a series of monthly payments for a variety of things. And that's normal. That's just normal. And that people are taught how to spend wisely, not capitalize wisely. Are your financial habits building freedom or are they reinforcing dependency? Because if you don't control how the things are getting financed, you're reinforcing dependency. This concept puts you in a position of total and absolute control. And Nelson said it best, just get started because the longer you wait, the more you penalize yourself. And that first policy is the domino. It's the domino that tips your thinking over. It tips your behavior over. Want to find out more about how you can become your own banker? Click the link below or head over to learnwithjay.com. That's learnwithjay.com.
