Section 1.1: The Investment Mindset

In contrast to my sometimes lax attitude towards paying bills—where I allow myself the occasional delay without facing significant repercussions—I adopt a rigorous approach to investing. I ensure that every month, I am actively acquiring more assets.

Why is this crucial?

I’ve come to understand that the key to building wealth lies in prioritizing self-payment. If you neglect to set aside funds for yourself before addressing other expenses, real wealth will remain elusive. The typical pattern involves paying others first—be it rent, utilities, or entertainment subscriptions.

People often allocate funds towards:

• Housing costs
• Utility bills
• Various subscription services
• Clothing and accessories
• Personal grooming and beauty treatments
• New technology purchases
• Automobile expenses
• Vacations
• Social outings
• Minimum debt repayments
• Partying and leisure activities

But where does investing fit into this equation?

For many, it’s an afterthought, only addressed when the urge strikes to engage in the latest investment trend or when they remember its importance. However, most individuals are preoccupied with immediate needs—bills and experiences that demand instant financial attention.

If I miss a bill payment, the reminder is typically mild: “Your bill is overdue.” The consequences are manageable. But failing to invest in yourself can lead to far graver outcomes.

You may wake up one day to find your bank account empty or barely sufficient, forcing you to continue working tirelessly while restricting your financial freedom and peace of mind.

It’s important to maintain a healthy perspective on bill payments. Unless they threaten your credit score or lead to excessive fees, they shouldn't be a source of undue stress. Conversely, investing should be a top priority. Time is irreplaceable; if you’re not vigilant, it will slip away, leaving you disappointed with your financial situation.

People often fall into the trap of accumulating possessions or chasing experiences, believing they are being responsible. Yet, the only true path to wealth is through investing—along with living below one’s means.

Focusing solely on present experiences and expenditures won’t lead to financial prosperity. While timely bill payments are admirable, they won’t pave the way to wealth. If you manage to pay your bills punctually, congratulations, but remember that investing is essential.

Thank you for reading | destinyh.com

This article is intended for informational purposes only and should not be construed as financial or legal advice. Always consult a financial professional before making major financial decisions.