You Can't Save Your Way to Abundance | Ep. 296
Episode description
Around five years ago, a partner said, "You can't save your way to profitability."
It clashed with the idea that saving is king.
The truth is…saving matters, but you can't save your way to abundance.
When you're making $40,000 a year, saving a lot won't make life feel abundant. The key is to earn more. Going from $50,000 to $100,000 made a real difference for me.
At Invictus Capital, we were super efficient with expenses, but it wasn't enough. Increasing revenue was easier than trying to save more.
Balance your financial game; defense (managing expenses) is vital, but offense (earning more) is the real game-changer.
Remember, you can't save your way to abundance.
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