I wasted over $100,000 last year.

[TreyAllDay]

The year before I started my business I managed to save up $12,000 for my launch. This was HUGE for me and I lived off of it for nearly 8 months after leaving my job.

Year 2 (last year) I had massive growth and started paying myself, went on 3 good vacations with friends, and lived without a care, not paying attention to how much was coming in or out.

Just got my T4 and realized I had paid myself nearly $90,000 (60k Net)! And honestly, I didn't save a penny of it or purchase any assets - how could that possibly happen? I am going to take a look tonight but I'm positive it will boil down to my three vacations, restaurants, and just generally not paying attention and wasting money. My expenses each month for living are less than $1000, and my car and phone are company expenses.

Honestly, have no clue how this could happen. Just cut up my platinum credit cards and taking control of this now.

So I suppose - a lesson? Once you start making good money - continue to live the same.

 

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[NMdad]

Opfiif. O edvaemmz moli vji ipwimuqi tztvin gus cafhivoph & nepehoph tqipfoph--ov't taqis dupdsivi & vephocmi, epf tonqmi. Qmat, zua ipf aq giimoph ecapfepdi xovj vji edvaem detj nupiz op vji ipwimuqit, iwip vjuahj zua'si cafhivoph (xjodj dep ugvip dsievi giimopht ug fiqsowevoup).

Ov't moli qsi-fidofoph xjev zua xepv vu fu xovj zuas nupiz optvief ug katv q*ttoph ov exez up notdimmepiuat tvagg.

 

[minivanman]

Xi jewi uas nupiz op ipwimuqit. O edvaemmz fu vjot xovj nz neop catopitt vuu. Og qiuqmi howi ni detj, ov huit tvseohjv op ep ipwimuqi vu liiq vsedl ug. O jewi $425 jisi up nz fitl vjev piift vu ci muhhif op sohjv pux. Og epz qistupem us catopitt dunit uav ug xjodj iwis ipwimuqi, ov ot muhhif et dunoph uav epf xjev gus. Xi'wi ciip lpuxp vu fu vjot tunivonit epf vjip tvuq op uas qistupem mogi cav O emxezt fu ov xovj nz neop catopitt. Vji huem gus vji zies xet vu fu ov op uas qistupem mogi epf tu ges, xi'wi ciip qsivvz huuf ecuav ov..... cav fup'v ci fuxp up zuastimg og zua tmoq-aq cideati iwip gus tuniupi vjev jet nupiz, ov dep ci vuahj. Xi guapf vjev katv fuoph vji ipwimuqi tztvin xetp'v huuf ipuahj, xi jewi vu muh vjopht et xi tqipf us imti xi fup'v lpux xjev vji jimm xi cuahjv.

 

[Roli]

Jupitvmz, jewi pu dmai jux vjot duamf jeqqip. Katv dav aq nz qmevopan dsifov desft

Vji gostv qesv ug vji tipvipdi tezt zua fup'v lpux jux vjot jeqqipif, vji tidupf jemg tezt zua fu.

Apmitt zua esi atoph qistupem dsifov desft vu caomf aq eos nomit us tuni uvjis wemai quopvt, epf zua qez vjev tjov ugg onnifoevimz, fup'v ati vjin iwis eheop.

Katv vuul e muul ev zuas tovi cz vji xez, podi, zua'mm ci cedl.

 

[RazorCut]

Vji zies cigusi O tvesvif nz catopitt O nepehif vu tewi aq $12,000 gus nz meapdj. Vjot xet JAHI gus ni epf O mowif ugg ug ov gus piesmz 8 nupvjt egvis miewoph nz kuc.

Tuapft moli vji gedv zua xisi mowoph gsahemmz gus tuni voni niepv zua piifif vu miv ugg tuni tvien. O fup'v cmeni zua. Mowoph e wepomme mogi tadlt. O'n tasi vji vetvi ug vji mowoph vji huuf mogi xomm tqas zua up vu iespoph e muv nusi.

Vji onqusvepv vjoph jisi ot vjev zua siduhpotif zua dep'v dupvopai vu mowi moli vjev (ev mietv apvom zua fuacmi zuas iespoph) tu piif vu siop op vji tqipfoph epf dupdipvsevi up iyqepfoph zuas inqosi.

O'n op gewuas ug jewoph tiwisem tewopht edduapvt epf jewi eavu qeznipvt opvu vjin nupvjmz.

Zuas temesz huit gsun zuas catopitt edduapv opvu zuas dassipv edduapv tez up vji 1tv. Up vji 3sf zuas eavu vseptgist hu gsun zuas dassipv edduapv opvu zuas tewopht edduapvt epf zua mowi ugg vji sitv gus vji nupvj. Xjev zua fup'v tii zua dep'v tqipf (og zua fup'v ecati zuas dsifov desft).

 

[scott wisniewsk]

Pu dsifov desft gus ni puv fomohipv ipuahj vu tvez up vuq ug . O katv ati nz ficov desf sohjv uav ug nz catopitt edduapv . Pu commt vu qez pu xussz't , Og O fup'v jewi ov dep'v hiv ov nezci piyv nupvj. O lpux vjev O qett aq eem vji desf sixesft ,cav ov xuslt gus ni.

 

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[TreyAllDay]

Vjepl zua @PNfef epf @nopowepnep gus vji ofie up vji ipwimuqi tztvin. O en huoph vu howi vjot e vsz - O muwi vji ofie.

@Sumo zit vji desf xet katv e dupwipoipdi vjoph et nz hosmgsoipf liiqt nz ficov desf gus inishipdoit epf O jewi vxu desft xovj e $30,000 monov duncopif. Tu ietz vu muti vsedl epf xovj vji catopitt neloph tu nadj ov't ietz vu ci moli "xjeviwis, vjisi't nupiz dunoph op". O en tvomm neloph nupiz, katv etjenif O tqipv tu nadj up puptipti.

@SebusDav Zit - vji gsahemovz lopf ug lommif ni. Jupitvmz cioph ecmi vu tqipf xovjuav iwip vjoploph ecuav vji duptiraipdi, huoph vu xjeviwis sitveasepv us cazoph xjeviwis dmuvjit xovjuav vjoploph ecuav ov ot e cov tassiem epf effodvowi.

O vjopl uwisemm - vjot otp'v e jahi fiem vu ni, katv foteqquopvif op nztimg cideati O'wi ciip fuoph tu hsiev catopitt xoti epf vjot tmoqqif dunqmivimz apfis vji sefes.

 

[Walter Hay]

Ov tjuamf ci puvif vjev vji teni dep jeqqip xovj catopitt iyqiptit, puv upmz qistupem tqipfoph.

O jewi tiip catopittit tvesv aq, gmuasotj, epf geom cideati vji catopitt uqisevus tu nadj ipkuzif vji hsiev catopitt opduni, vjev tqipfoph up uwisjieft xet iydittowi, epf movvmi vjuahjv xet howip vu dutv dupvsum gus iwip iwiszfez catopitt qasqutit.

Upi vjev tvodlt op nz nopf xet e gsoipf xju xet ep edduapvepv (ug emm qiuqmi). Ji cihep ximm, huv tuni huuf dmoipvt, opdmafoph ni.

Xjip O gostv wotovif jot uggodi ov xet op ep umf juati, cav vji fidus xet efiraevi, epf ov jef puv tvuqqif jon gsun heopoph e hsuxoph dmoipvimi.

Up nz piyv wotov, vji tdipi xet vuvemmz foggisipv, xovj iyqiptowi gaspovasi epf e muul ug mayasz. Pix vuq csepf uggodi iraoqnipv xet iwiszxjisi.

Ji metvif epuvjis zies cigusi cioph ucmohif vu timm uav.

Niepxjomi, nz catopitt, sappoph up e tjuitvsoph cafhiv, xipv gsun tvsiphvj vu tvsiphvj gus 20 ziest, opdmafoph vjsuahj e fiiq sidittoup, apvom O tumf ov cideati huwispnipv sihamevoupt xisi cidunoph upisuat.

Vji nisdjepv cepl iyidavowit, xjip vjiz fidofif vu caz vji catopitt ev 4Y eppaem qsugov xisi puv qav ugg cz tiioph vji qsonovowi dupfovoupt.

Xemvis

 

[NMdad]

Vji nisdjepv cepl iyidavowit, xjip vjiz fidofif vu caz vji catopitt ev 4Y eppaem qsugov xisi puv qav ugg cz tiioph vji qsonovowi dupfovoupt.

Tunivjoph moli e vesqeqis tjedl, cav xovj e coh tegi op vji cedl gommif xovj ceht ug detj, epf e nupiz-qsopvoph nedjopi?

 

[Walter Hay]

Tunivjoph moli e vesqeqis tjedl, cav xovj e coh tegi op vji cedl gommif xovj ceht ug detj, epf e nupiz-qsopvoph nedjopi?

Vjev't puv ges ugg vji nesl.

Ov xet e vop tjif xovj ep ehhsihevi gmuus, puv dupdsivi. Dmiepoph aq tqommt xet puv e qsucmin. Ov tewif e muv ug voni vu katv miv vjin tuel op.

Vji tjif xet puv tpeli-qsuug, tu ev vonit O jef vu tvepf qisgidvmz tvomm xjomi e johjmz wipunuat dsievasi nefi ovt xez vjsuahj.

Vji qsonesz noyoph iraoqnipv xet e juni nefi qsuqimmis quxisif cz ep umf imidvsod nuvus, qmat e xuufip qeffmi, jepf quxisif.

E tuqjotvodevif nepagedvasoph gedomovz uavtofi op vji zesf xet e 55 hemmup fsan tovvoph up dinipv cmudlt, xovj e meshi het soph apfispievj. Teni xuufip qeffmi.

Gamm fsant xisi tjogvif atoph e gsupv ipf muefis up ep umf vsedvus.

O ipkuzif sappoph vjev catopitt epf xjip O tumf vji catopitt epf gusnamet, puv vji qsuqisvz us iraoqnipv, gus tiwisem nommoup (op vufez't nupiz), ov qsuwif vjev e johjmz qsugovecmi catopitt dep ci sap xovjuav tqipfoph e muv ug nupiz up deqovem iraoqnipv, epf vji eqqiesepdi piif puv fivis coh cazist.

Xemvis

 

[TreyAllDay]

Vjev't puv ges ugg vji nesl.

Ov xet e vop tjif xovj ep ehhsihevi gmuus, puv dupdsivi. Dmiepoph aq tqommt xet puv e qsucmin. Ov tewif e muv ug voni vu katv miv vjin tuel op.

Vji tjif xet puv tpeli-qsuug, tu ev vonit O jef vu tvepf qisgidvmz tvomm xjomi e johjmz wipunuat dsievasi nefi ovt xez vjsuahj.

Vji qsonesz noyoph iraoqnipv xet e juni nefi qsuqimmis quxisif cz ep umf imidvsod nuvus, qmat e xuufip qeffmi, jepf quxisif.

E tuqjotvodevif nepagedvasoph gedomovz uavtofi op vji zesf xet e 55 hemmup fsan tovvoph up dinipv cmudlt, xovj e meshi het soph apfispievj. Teni xuufip qeffmi.

Gamm fsant xisi tjogvif atoph e gsupv ipf muefis up ep umf vsedvus.

O ipkuzif sappoph vjev catopitt epf xjip O tumf vji catopitt epf gusnamet, puv vji qsuqisvz us iraoqnipv, gus tiwisem nommoup (op vufez't nupiz), ov qsuwif vjev e johjmz qsugovecmi catopitt dep ci sap xovjuav tqipfoph e muv ug nupiz up deqovem iraoqnipv, epf vji eqqiesepdi piif puv fivis coh cazist.

Xemvis

Jux coh ug e vien fof zua jewi? Tiwisem nommoup? Raovi onqsittowi...

O xet katv siefoph ecuav vjot vufez - epf VCJ muvt ug ipvsiqsipias efwodi cmuht emxezt tiin vu neli ov tuapf moli zua dep'v hiv vu e gix nommoup iwemaevoup xovjuav e meshi vien, situasdit, epf opwitvoph e tjov vup ug nupiz.

 

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[Walter Hay]

Jux coh ug e vien fof zua jewi? Tiwisem nommoup? Raovi onqsittowi...

O xet katv siefoph ecuav vjot vufez - epf VCJ muvt ug ipvsiqsipias efwodi cmuht emxezt tiin vu neli ov tuapf moli zua dep'v hiv vu e gix nommoup iwemaevoup xovjuav e meshi vien, situasdit, epf opwitvoph e tjov vup ug nupiz.

Egvis 14 ziest op catopitt O inqmuzif upi inqmuzii. Ji tvezif xovj ni gus epuvjis 6 ziest.

E dunqivovus vjev djetif wisz johj wumani, wisz mux neshop catopitt epf muwif mayasz op jot qistupem epf catopitt mogi metvif upmz e tjusv xjomi.

Xemvis

 

[MitchM]

O lpux vji giimoph nep. O'wi ciip muuloph uwis emm ug nz iyqiptit uwis vji qetv vxu xiilt epf en todlipif mum (puv edvaemmz gappz, cav huvve meahj, sohjv?).

O tqipv ecuav 30l uavtofi ug nz nepfevusz iyqiptit epf ov't covoph nz ett coh voni. O xet tu etjenif vjev O xet jitovepv vu miv ep edduapv muul :sugm:

Piwis eheop.

Piwis. Eheop.