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Discussion in 'General Mindset, Motivation, Beliefs' started by RHL, Jun 15, 2014.

  1. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    I go one step further, I have a physical check sent to my address, so I literally turn it into mailbox money.

    Opening up a mailbox to a check never gets old, especially if you don't attribute that check to some type of work, or job. It's like winning the lottery. This makes the process very tangible, as opposed to seeing your digital balance increase by X dollars.

    Likewise, I like taking option gains for the month and transferring that to CASH.

    When you put the gains into CASH, it really brings it into REALITY.

    Again, digital numbers on a screen can make the whole process intangible and distant, kinda like gaming chips at a casino. We don't want that!

    IMG_0033.JPG
     
    Counter2828, WHY, ZF Lee and 9 others like this.
  2. The Abundant Man
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    The Abundant Man Silver Contributor Read Millionaire Fastlane Speedway Pass

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  3. cv_guimara
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    It boils down to what MJ talks about on TMFL, about becoming a producer instead of being a consumer. Really one of the things that stood out the most for me.

    Great post!
     
    Gold7, lucasb and MJ DeMarco like this.
  4. Edwin Fernandez
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    Edwin Fernandez Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Holy $h1t at the picture of all that dough! That looks like quite a bit of autonomy to me.
     
  5. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Yea, it looks like a ton of money (it's only about $8K) which is why I do that. It gives perspective to effort and their corresponding results. Without making it tangible, I'm left with a number of a computer monitor which feels, dare I say, distant and fake.
     
  6. Robert321
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    Robert321 New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    On the other hand, don't give up important things in your life just to save a few bucks (like your health, or quality food)
     
  7. BrettA
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    BrettA Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    This is a good exercise for some of us MJ. Thanks for the tip. I'll never forget the first time we had a very large wire sent after some modest success, the feeling my wife and I had were "eh, it's there now so . . . " Now if only there were some way to get cash without the painful experience of going to the local branch, hmmm.

    PS - Today is my first anniversary being a forum member (and last time I'll mention it until maybe the 10th year or so)
     
  8. cjh382
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    cjh382 New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    How did you get into options trading? I've read a few books and YouTube videos, considering a uDemy course in it--but a lot of the material online seems wishy-washy and/or copy and paste from the same websites.
     

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