Yes Multi-millionaire! Please…


I read a few articles a couple of weeks ago and was pissed off by the hard sell and grandiose attitude. It upsets me when we are fed these glorious how to become millionaire how to’s. “Learn how to generate multimillion-dollar wealth — and enjoy the journey on your way to the top”. “First, understand that you no longer want to be just a millionaire. You want to become a multimillionaire”. Hears my answer EAT ME!  They never give you word for word or step by step directions. Just hyperbole and round about that lead you to a product or service or agenda that they are really trying to sell. And that’s what is truly upsetting to me is that we fall for the fast track, the get rich quick scam the take a magic pill and lose weight or wear the magic electric belt and loose belly fat story. STOP IT!!! Holy shit whats it going to take for us to understand the facts: To lose weight you have to burn off more calories than you take in. PERIOD! Basically eat better and smarter and move more. You know, don’t pound down 5 cheese burgers and take a nap instead eat one cheese burger and take a walk. Now I know it is not that simple, some people have medical issue, mental issues etc. Save your complaints I get it! You are the one who doesn’t get the point of this post. It’s not about fat people or poor people or stupid people it’s about stepping back and thinking, applying some thought and common sense processes. Ok back to the post. For financial health spend less money then you make. Basic math people. The greatest word in math is MULTIPLY!  If you make  $1,000 a month but spend $1,500  MULTIPLY that by 12 months and you’re in deep shit. Now multiply that by the credit you use to make up that $500.00 you over spent and the criminal interest rates you paid to use that credit by 12 months and now you are in really deep stinky diarrhea shit. On the other hand spend less than you make and save or invest that extra cash, MULTIPLY it by 12 months and now your shit don’t stink now you have some peace of mind, now you are not depressed about money and not arguing with your partner about money and you have a little security, now maybe your credit score is better and you can take advantage of opportunities that might arise to increase your net worth. NET that’s another great word. GROSS doesn’t mean shit if your NET sucks. If you’re gross is a million dollars but your liabilities are 1.5 million then your net worth is negative 1/2 a million and your financial life sucks. Wait, Wait for it, here come the wall street crowd, Pete you are wrong you forgot about leverage in this scenario. And too you I also say EAT ME! You don’t get the point of this post. I have no finance back ground, I am not offering your bullshit advice to my readers so save it. My savvy readers get this post, come back and read their comments. I simply say THINK, RESEARCH, TRUST YOUR GUT, USE COMMON SENCE. Dont allow yourself to become the food in the food chain!

UPDATE:  In one of those articles they had  rules for becoming a multimillionaire and I have to admit that some of them if you use them in everyday life could be beneficial. So I will copy and past their rules and add/adjust to make them work for me. You are welcome to see if they fit in your life.

And one more thing, when you become a Multimillionaire. Help a brother out! Send me a few bucks.

No. 1: Decide to be a multimillionaire
BIDPETE:
How about I first decide I want to be a better person, better father, better husband, better man. Yea I think I will start there and I bet you I will start making better choices, better decisions.

No. 2: Get rid of poverty thinking
BIDPETE: WTF? im just going to ignore this one. I want to remember the hard times, the mistakes so I can enjoy my accomplishments. P.S. I get it I just don’t ever want to lose myself.

No. 3: Treat it like a duty                                                                                                                                                        BIDPETE: Yes you have to be focused, committed and work hard every day towards your goals in life. What ever those goals are.

No. 4: Surround yourself with multimillionaires
 You can’t learn how to make money from someone who doesn’t have much. Who says, “Money won’t make you happy”? People without money. Who says, “All rich people are greedy”? People who aren’t rich. Wealthy people don’t talk like that. You need to know what people are doing to create wealth and follow their example: What do they read? How do they invest? What drives them? How do they stay motivated and excited?                                                                                                                                                                                                              BIDPETE: A big yes. I believe that you have to move out side of your circle of influence to grow. If your circle involves chaos and confusion, or abuse or negativity, poverty, criminality. You can not learn how to move on from this circle. That is why they are still in this circle, they don’t know how to get out of it. You have to look outside of this circle one circle at a time untill you acquire the skill set to move on. I could go on for days on this one. If you don’t make a change today than tomorrow will be just more of the same and so on for years maybe even a life time.

No. 5: Work like a millionaire                                                                                                                                              Financially successful people are consumed by their hunt for success and work to the point that they feel they are winning and not just working.                                                                                                                                                                                                                                                    BIDPETE: Hell yea! Just don’t forget to smell the roses. Enjoy your life. Be there for your FAMILY!

No. 6: Shift focus from spending to investing
The rich don’t spend money; they invest. They know the U.S. tax laws favor investing over spending. You buy a house and can’t write it off. The rich, in contrast, buy an apartment building that produces cash flow, appreciates and offers write-offs year after year. You buy cars for comfort and style. The rich buy cars for their company that are deductible because they are used to produce revenue.  BIDPETE: Hello! Checkmate! Read this section a hundred time please!

No. 7: Create multiple flows of income
The really rich never depend on one flow of income but instead create a number of revenue streams.           BIDPETE: CHA-CHING!

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15 Comments

Filed under Current events, Financial opinons, Life, Marriage

15 responses to “Yes Multi-millionaire! Please…

  1. Right on, as per usual. I love your addendums to these, but your problem is, you’re making too much sense.

  2. Pete, you KNEW I was going to love this, didn’t you? Well, you were right. Before I spend a dime you can be damn skippy I’ve figured out how to make it grow or write if off. Oh wait, I did that with my ex-husband as well 😉

  3. As some one who makes enough to be able to go out and play, I’d rather go out and play than make more.
    Just saying…

    • Now thats what i am talking about, Perspective!!!! And i am sure you got enough by NOT being the FOOD in the food chain!!

      • I remember working one job, ridiculous hours, not taking care of myself and waking up in a hospital. My boss came to visit. We ended up working some more in the hospital.
        I got out, went rock climbing the next day, and never put myself through that again.
        To me, the money ain’t worth the peace of mind.

  4. Accountability. Planning. Common Sense. I feel like most people are just lazy because those three things are pretty much all that is required to be happy, relatively healthy (with some depressing exceptions that are unavoidable), wealthy, and wise.

    When you’re honest about who’s accountable for a particular problem, it’s easier to know who’s gotta fix it.

    When you know who has to fix it, you can plan how it should be fixed.

    When you plan how it should be fixed, if you use some common sense, it will probably go well.

    It works for anything from an overdrawn checking account to obesity.

    Stupidity pisses me off.

  5. Love the weight loss analogy. Now if we could shit out as much as we eat….and shit out gold! Where’s that book?

  6. Pete!!! Love the analogy with eating habits. Spot on. If we could only shit as much as we ate…and then shit gold! Is there a book to tell you how to do that?

    • Whats up Linda! i Missed you and Scott. I used to love bragging that i was on a first name basis with a Grammy nominated Artist, and then you became Rich and Famous and dropped me like a bad Habit. Now you all climbing mountains and shit and forgetting the little people. Ha, Ha i love the your new video ‘DO IT WHILE YOU CAN” p.s i was sure you were going to comment on my last nasty post, but a las i had to cry myself to sleep waiting!

    • Yes on that book, It’s called shitting gold for Dummy’s!

  7. Reblogged this on Ahead Of These Blue Eyes and commented:
    Interesting words about being a Job Creator

  8. It feels like you half seating as you wrote this…
    So true..written so well!!
    In every ten we have, when we save one…and invest that one…money will always flow. I love money 😉

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