Most Money Mistakes Are Avoidable
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#FAFO is a new-age slogan in a world that I don’t say the ‘f word,” out loud in public, anyways. However, I pretty much want to say this all the time. I would call it about 99% of the time, money errors are avoidable, because the easy answer of “I didn’t know” is really on you. I promise that it ain’t me.
If there is a good set of information shared, and enough time, I am not concerned at all. Reasons?
If you need a specific solution, the world of sellers have already signed a product or solution.
The price of the solutions is known and hyper-competitive. 5% difference in price? HAHA, very funny, try 1/10th of that, with multiple sellers.
In order to locate and fit the solution, time is required, to pin down your actual situation to match the solution. Sometimes it takes me 5 seconds, sometimes it take 50 hours, I can’t tell in advance. But I keep trying and why? The first two points are true, I know it because I have been on the inventing end of this in principle. I am very, very sure that the first two points are true. You have insanely competitive, driven teams of people with unlimited information, computing power and unlimited legal resources creating solutions. They don’t have free rein to do whatever, there are regulations and across the street is another group of people that is trying to eliminate the competition.
All of this works in the buyer’s favor, but the buyers don’t realize the first three points. Money torched is the result, almost every time.
You don’t need a stitch of my background to understand these points, not one. It is why I don’t give up. I am convinced that people have the common sense to get it. Other stuff has intervened, and gotten in the way. You don’t need to know how to calculate the answer, you do need to keep your common sense. The math of money will ultimately follow common sense, but everyday people get excessively discouraged or misinformed, for one reason or another. Part of the reason for “overkill” by me is that I realize we live in an excessively skeptical society, and some of the reasons are earned. Sigh.
I Will Be On YouTube More Often in 2025
Be sure to subscribe, and press the notification bell. While I will continue to believe that YouTube has created real problems if you are trying to understand something related to money, it is still YouTube’s world. As a client told me, [Too bad, boo hoo for you], “You’re in it.”
Ultimately, she’s right, see you Sunday.
ICYMI (click on the image to view)
https://youtube.com/live/A9vXrwSfoYQ?feature=share