I have famously said, “You don’t have a spending problem. You have a revenue problem.” But until you earn enough to start being stupid with your dough, you gotta live within your means. Sometimes, that means going old-school rather than the latest gadgets.
Believe it or not, they might help you get to the next level even faster…
Reasons to Choose “Old” Gadgets Over an Upgrade
Now, some of you may think that me writing this is hypocritical…
I am the same guy who bought a private jet against my exec’s advice, after all. But, there is an important thing to remember…
I NEVER BOUGHT CARS, WATCHES, OR MUCH ELSE ON THE COME-UP.
In fact, some of my best money advice is not to use earned income for anything on your road to success.
That being said, these gadgets have become necessary tools to get anything accomplished — no matter the size of your goals.
For that reason, look at these factors before you:
- Buy new tech to begin with.
- Spend more than necessary.
The first is obvious…
Price of the Tech
We all know that when the latest X comes out, it is extremely expensive. However, there is another side of that coin to consider…
BECAUSE NEW GADGETS LAUNCH SO OFTEN, YOU CAN OFTEN GET A “UPGRADE-TO-YOU” VERSION REASONABLY PRICED.
This is great news if your job or project requires said equipment. Sure, what you end up with may not have all the bells and whistles.
But that can be a good thing.
Consider this…
Purpose You Need it For
How many times has this happened to you…
You are checking your work emails on your phone. Then, you get notifications from your favorite social media app…
ALL OF A SUDDEN, YOU’RE MINDLESSLY SCROLLING INSTEAD OF BEING PRODUCTIVE!
This is the place where old-school gadgets have a unique advantage. Since they are not built for multiple purposes, you are forced to stay on task.
Therefore, you hit targets faster — which brings us to my final point.
Keep the REAL Goal of All Gadgets in Mind…
These days, it is easy to get caught up in hype. I’m not immune to it either.
But, the point of all of these gadgets is to make us more efficient and productive…
Not just to play with the latest features.
So, if you need these tools to get to your destination — go for it.
As long as they are helping you be great.
— Grant Cardone
Disclaimer: This content is intended to be used for educational and informational purposes only. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment or business decision. Investment, real estate, and business involve great risk and there is no guarantee of performance or results.
We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.