Today I want to share a recent financial and investing circumstance that I had to move through.

As I share, my goal is to shift your perspective or build your perspective when it comes to handling your finances (both personal and business) and to help you dig a little deeper into your personal value system in order to reach a little higher in life.

READY? ok greeeaat.

I save/invest 20% of my monthly income. With that 20%, I have an 80/20 principle.

I put 80% of that cash into savings until I reach specific goals (ex. $5000 emergency fund, 3-6 months of living expenses). Then I invest 20% of that cash into equities and funds and/or Cryptocurrency. Crypto rich here I come 😎

Once saving goals are reached I adjust the principle - 70/20/10, 60/30/10, 40/40/10 - then instead of putting cash into savings I take that first number of my principle and put that amount towards paying off any kind of debt (car, student loans), and then the rest goes into investing.

The key is to ALWAYS BE INVESTING!!! Your future self will thank you greatly.

When I first started to invest, I didn’t have much money but I knew if I didn’t start now my future self would be paying for it.

I wanted to invest in some lower-risk higher reward (long term) stocks and funds. After chatting with a couple of friends who were good with their money and investments they told me a couple of ETFs (exchange-traded funds) to invest in.

So I did.

Fast forward a year, I came to learn that both of these funds held significant positions in three companies that I want nothing to do with.

The thing was the funds were giving me a solid return for the year and they usually always perform well.

I then found myself in a position that was forcing me to look inward. It was a position to recheck myself (which is always good)

I had to make the choice - what more important, Values or Returns?

To me it’s Values. But I will say there was that ego who wants the returns and more money who presented a convincing argument that I had to work through.

Still, Values triumphed. 

I sold off the positions I had in those funds and started researching ETFs that did not have those three companies in their fund.

It didn’t take long to find some other incredible ETFs with great ratings and returns that I was able to then reinvest into those.

It’s was a great learning experience that I can now see and apply to both personal and business finances.

So what’s the take away Kyle? - Great freakin question Kyle

Ask yourself,

What do I stand for?

What are my values? What are my principles?

Knowing these and having them be a core part of you will allow you to make decisions faster, more effectively while minimizing turmoil and struggle in the future.

Plus it will save you a lot of heartbreaks, pain, and suffering when you know and live by these.

I believe making these small choices NOW time and time again will only prepare you for when making the big decisions that will literally affect everyone around you in one way or another.

Not to mention these values and principles can be applied to EVERYTHING you do in life and will be tested in every area of life.

But you got this and I believe in you.

I hope you can take something away from this lesson and take your life to a new height!

Keep Going,

Kyle