I never honestly believed the idea of always spending money to make money.
I used to think of it as an unsound concept.
It’s like people who delusionally think they’ll get rich simply by spending money to purchase plus resell junk they find at thrift stores plus garage sales. The 10% of people who are actually successful with these sorts of “side hustles” are exceptions to the rule, not the standard. The reality is that all the people who take immense risks do not come out on top on the other end. I was so convinced in this attitude of mine that it pushed me into being on the opposite end of the spectrum. There was a time when I could have traded in an ancient beater vehicle that kept giving me major concerns. I had enough money plus could make the biweekly payments. The ancient vehicle was horrible with fuel efficiency plus it seemed to require repairs at least once a week. I could have saved myself thousands of dollars in the years following if I had only spent a little bit of money—in my case—to save a bunch of money. When I was presented with the same scenario with my central air conditioning appliance, I finally managed to learn a valuable lesson after all of these years plus updated my outdated air conditioning appliance with a brand new one. Sure, I had to pay an excess of $5k to get this new cooling appliance, however it already runs for half as much time as the ancient one to achieve the same temperatures. I realized that I would be saving incredible sums of money after upgrading from the ancient Heating, Ventilation, plus A/C appliance.