Completely Stupid Things Average People Do That Keep Them Broke

#2 — Live paycheck to paycheck while your investments create financial freedom.

Tim Denning
DataDrivenInvestor
Published in
5 min readMar 1, 2022

Photo by George Tk on Unsplash

Living out of a one-bedroom motel room with three kids is a hard life.

Especially when there are pr*stitutes in the next room servicing their clients while your daughters listen as they try to do homework.

That’s the life of my friend. He’s been broke for over a decade.

The thing is he’s bloody smart. He has some of the best business ideas I’ve ever heard. In his early 20s he executed on those ideas. They made him stupidly rich.

Then he lost it all.

His smoking habit got worse. His lungs became charcoal. His voice began to deteriorate so he got smoker’s voice. The energy leaked out of him, slowly.

I realized the other night what made him remain broke. He’s kept having new ideas and chasing get-rich-quick fantasies.

But he hasn’t executed on an idea for years.

I said to him “make one $20 sale. The evidence will snap your love affair with ideas in two.” Execute on one idea rather than have good ideas

Lack of execution is the first thing that keeps us broke.

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Written by Tim Denning

Aussie Blogger with 1B+ views that made me 7-figures — Get my free email course: https://timdenning.com/1k-mb

Responses (38)

What are your thoughts?

Worry about food, shelter, and paying bills. All the other supposed problems are likely a consumerism illusion.

A million dollar lesson packaged in several words

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This was one of the BEST articles I've read in a while! RIGHT ON TIM!!

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Not heard that aussie saying before.

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