We are taught from a young age that,

“A penny Saved is a penny Earned.”

“Save for retirement. Start from your first paycheck.”

“Mind your coin, you may never know when!”

While saving is an important skill to have, it’s not as important as growing your income. We are taught that you should save most of your income and focus on growing the minority share. This is a strategy that worked if you were living from 1760 to 1840 (Industrial Revolution). Being that we are going into the roaring 20s, your mindset should be focused on 80% growth and 20% saving.

Why?

In an interview with Forbes, billionaire Warren Buffets stated,

“the very best investment you can make is one that “you can’t beat,” can’t be taxed and not even inflation can take away from you. “Ultimately, there’s one investment that supersedes all others: Invest in yourself,”

Our society has conditioned us to teach us to think that risk is bad. You need to go to college to get an education, get a job, and save for retirement. Other than winning the lottery, one of the many ways to become successful is to become an innovator.

That doesn’t mean you have to be an inventor like Thomas Edison or a civil rights leader such as Mahatma Gandhi. It means that you need to look deep down inside and ask yourself,

“What do I want out of my life?”

Do you want to raise a family?

Do you want to leave the planet better than you found it?

Do you want to leave a legacy?

Do you just want to binge Netflix?

Ultimately, the choice is yours. We can wake up early, hit the gym, and go full throttle. Or we can succumb to being average, and boring, and live a decent life.

Be bold, be different, and you can go to infinity and beyond.

Happy Slacking,

Joshua Krafchick, AKA “CHACHI”