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Priorities and Money - Money and Priorities

It’s not that you don’t have the money to do something, you just don’t have your priorities straight. Stop. Before you go any farther I want you to reread that statement several times. Digest it. I know for a fact that this article will probably make some of you mad, but that’s probably because it describes you, and you’re not willing to accept it. Now that that’s out of the way…


It’s not that you don’t have the money to do something, you just don’t have your priorities straight. What does this mean? Before I go on to explain it, I am going to share a story. In my recent travels to France I found myself spending way too much money on things that I didn’t need to, or if they were necessities I still spent too much. Whether that was a beer out with friends, a coffee nearly every day, or an expensive meal, I should have been more careful with how I spent my cash. I’m not some big time entrepreneur (yet) who can spend thousands and thousands of dollars without thinking twice. For example, as good as that €17 sushi meal was, I could have bought food at the store, breakfast, lunch and dinner for the entire day or even two days if I stretched. Also, if I’m being honest, I have taken advantage of the drinking age while I have been in Europe. I’m 19 and back home in the states you have to be 21 to drink. Has it been the best use of money? Absolutely not being I have the goals I have in life, however, I’m not going to tell you that an occasional beer or drink is a bad thing, but it can get out of hand, especially if your goal is to just get drunk. That’s a topic for another time.


As I reflect over the money I have spent, I now know that I should have been more frugal in what I spent. I can’t change the past, but I can control what I do in the future. What decisions I make. Since leaving Jacksonville back in July my overall perception of money has changed. Money is something to be respected, but it also needs to be understood. If you don’t understand how to replace the money you spent (in an efficient way), you can easily go into debt, spend excessively and it can unfortunately result in ruined relationships. Money is a number that flows in and out of your bank account, but a number that can used to get the things in which you want and potentially grow into bigger numbers.


The money that I spent on unnecessary things on this trip I could have put to use for company advertising, outsourcing services to save me time, launching a new business, paying for mentorship, investing into the markets, and an entire LIST of things that could have resulted in an ROI (return on investment) as soon as I made the investment. I keep thinking of Gary Vee when he says to stop buying dumb s#@t. It would be much smarter to look for ways to make your money work for you, versus spending money to just spend money with what, a temporary satisfaction or pleasure?

 

Far too many people are big on excuses and focus on the reasons why they can’t do something, even if the solution is right under their noses. Now, to go back to my original statement, It’s not that you don’t have the money to do something, you just don’t have your priorities straight, I want to list off several more examples.


Ever heard someone say they can’t afford a gym membership? Of course you have. “Oh, that’s $20 a month, I can’t add that to my bill!”, says the person who has been saying that they want to get into shape for months/years. Says the person who goes out to eat multiple times a week and buys junk food without care. Or we have the person who wants to be successful and have their music blow up but can’t afford to pay someone to help them get their brand on the right path. They can spend money on weed, parties and jewelry but won’t make the investment into themselves. 


Look, the point of this isn’t to criticize others and their actions but to rather open your eyes as to how your priorities can be misplaced. Instead of prioritizing things that exhaust your funds or never produce results prioritize things that can pay you or have a pay off. Never say you can’t do something because you don’t have the money too, but instead ask yourself WHAT and HOW you can do it. 


Brain storm ways you can make things happen, and analyze your spending. Do you really need that drink? Do you need to go out tonight? Do you really need that new gadget right now at this present moment? There is absolutely nothing wrong with enjoying yourself within reason, but just know the sacrifices you’re making and that your priorities depending on your goals/life vision may be out of place. Self-awareness wins, but self-awareness is useless without willpower.


Excuses don’t pay bills, or make dreams happen. Keep hustling and never let anyone negatively affect your hustle.


Make sure you’re connected with me on social media @isaacmashman and check out my website isaacmashman.com. Tweet at me, let me know what you think!

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