Your Biggest Money Drain And Solutions with Antonio T. Smith, Jr‪.‬ B2B From A2Z Podcast

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Personal Financial Statement Sheets
https://s3.us-central-1.wasabisys.com/40webinars/personal-financial-statement.xlsx

Money Problem
Most people are responsible for wasting $10,000/year = $27.40/day
In Texas, $10,000 will get you a $250,000 house

Solution
If it does not make you money immediately, don’t spend it
Ex: Buying real estate that will get you money in 90 days; you made money when you signed the contract, it’s just net 90

You have to have a target
If you do have a target in mind and are still wasting money, you have a follow-through problem
You’re not following through with your target
You may have a God problem
You’re using your faith as an excuse to waste your money
Stop despising small beginnings
Your main problem

Challenge
Monitor and eliminate the $27.40/day spending

End goal: Invest the money that you’re losing
Invest in a stock account which needs to have the lowest fees possible
Have multiple accounts

Steps Out of This
Don’t despise small beginnings
Invest $27.40 a day
Don’t worry about saving because you don’t do that
Cut out whatever habit is $27.40/day
Go through every one of your monthly expenses and ask for a $31 discount
I’ve been a loyal customer. I’m happy my financial goals have changed. According to my financial goals, I need to save on this monthly subscription $31/month (if you’re on a monthly subscription) OR I would like to apply for a credit increase (if you’re not on a monthly subscription).
Make sure they see your cash flow increases
Start a short-term goal of $50,000
Be focused on fixed, hard, income-producing assets

 You don’t get what you want; you get what you have to have

People with a Fixed Income or a Job
Stop giving people money 
Get rid of your law of attraction that says when you get money, someone gets it from you
“So you need some money and you’re gonna pay me back. Well, I’m not in the position to loan people money. I’m only in the position to give people money, and it’s not in my budget.”
Phil Sorentino

You need serious training on delaying your gratification
The people who won’t invest $27 want to see $27 million today
You have to start small in order to get to the big money

Follow every other step said so far

Closing Thoughts
As we stay on this path, your money will get better
Every good financial person has a story
Don’t give $10,000/month to someone else’s economy that’s not paying you.