Dan Waldschmidt

by Dan Waldschmidt

October 8, 2013

How You Spend Your Money Says A Lot About You.

You might say out loud that you are willing to do “whatever it takes” to be successful, but if you’re not willing to invest in your own success then the ideas you call dreams are really only just wishes. The hard truth about being successful is that it takes a financial commitment from you.

You have to invest money in your dream to achieve the results that you want.

Which flies in the face of you spending your money on things like a fancy vacation or 200 premium cable TV channels or a new car every three years or the latest  gadget just released from Apple.

How you spend your money says a lot about you.

  • If you’re not willing to spend your money learning then you should expect to make mistakes that will cripple your ability to be successful.
  • If you’re not willing to spend money on coaches or trainers then you should expect your road to success to be longer than necessary and full of more obstacles.
  • If you’re not willing to spend your money building a reputation that is beautiful and memorable and powerful then you shouldn’t complain when no one cares who you are or what you are doing.

Being successful is all about the choices you make.

Especially the choices you make about how you spend your money.

Success isn’t about you getting lucky or about you magically having more money to spend on the things that are important.

No. Successful people make hard decisions to invest in themselves — even when money is tight.

Successful people they use their finances to move past obstacles.

The truth is that no matter how much money you have (or don’t have), you have enough money to invest in your own success.

You don’t need to be rich or independently wealthy to pay for the things that make you successful.

Instead of buying a new smartphone maybe you should spend your money on being a smart dresser. Instead of eating out maybe you should spend that money on traveling to meet people who can help you.

It’s always easier to spend money on things that make you happy right now.

That’s what comes naturally.

It’s a little more difficult to spend money on the boring parts of life that aren’t as fun right now.

How you spend your money says a lot about you.

Maybe it’s time to start telling a different story. Maybe it’s time to put your money where your mouth is.

About the author

Dan Waldschmidt

Dan Waldschmidt doesn’t just talk about leveling up. He’s obsessed with it. He's set records as an ultra-runner and been the personal strategist for the leading business leaders of our time. He wrote a book, called EDGY Conversations that accidentally became a worldwide bestseller and continues to share his insights from the stage as a keynote speaker and on the blogs and podcasts you will find here. Most days, you'll find Dan heads-down, working on breakthrough strategies for his clients at EDGY Inc, a highly-focused, invite-only, business strategy execution company based out of Silicon Valley.