Daniel Berti

[Daniel Berti @danielberti_]

I’ve only come to learn that motivation often increases after you begin. The lesson is not to wish you had more motivation, but to make starting as easy as possible.

[Daniel Berti @danielberti_]

You may want the result, but do you want the lifestyle?

[Daniel Berti @danielberti_]

Earning more money increases freedom.
Spending less than you earn reduces stress.

[Daniel Berti @danielberti_]

Results tend to accumulate to the person who enjoys the lifestyle that proceeds the result

[Daniel Berti @danielberti_]

Success is being excited to go to work and being excited to come home.

[Daniel Berti @danielberti_]

Investing $100 has more in common with being a millionaire than being broke.
It always feels small in the beginning and the big goal seems far away but every fortune starts with a small deposit. Doing nothing builds nothing. Start small, but make sure you start.

[Daniel Berti @danielberti_]

Calculate your calories, calculate your cashflow.
Budgeting both will change our lives.
Start the new year by making positive changes on both fronts.

[Daniel Berti @danielberti_]

Nothing you buy to impress others will make you happy. Once the novelty wears off, not even you will care for it anymore.

[Daniel Berti @danielberti_]

If climate change is real, why would banks happily sell 30+ year mortgages on $50M beachfront properties? 🤔

[Daniel Berti @danielberti_]

Even if you don’t have all the things you want, be grateful for the things you don’t have that you don’t want.

[Daniel Berti @danielberti_]

If you don’t own a home and can save $85 a day for the next 365 days, you’ll have enough of a deposit to purchase a $600,000 property.

[Daniel Berti @danielberti_]

Trade money for time, not time for money. We’re going to run out of time first.

[Daniel Berti @danielberti_]

Even if you declare your living expenses to be just $500 a month. They will go off what they deem more accurate.

[Daniel Berti @danielberti_]

Cancelling Netflix isn’t going to help you with your borrowing capacity. Making your own coffee isn’t going to help you with your borrowing capacity. Regardless, banks will go off what they believe is your minimum living expenses (called HEM).
Focus on increasing your income.

[Daniel Berti @danielberti_]

The HEM is a benchmark used by many lenders to estimate a borrower's living expenses, helping to determine how much someone can afford in home loan repayments. It is designed to be used to compare reported expenditure against typical expenditure.

[Daniel Berti @danielberti_]

All of your debt is income to someone else.

All of your bills are income to someone else.

Your cost of living will increase every year.

Their return on their investment will increase too.

The only thing to do is get on the other side of the cash register.

[Daniel Berti @danielberti_]

One of the great laws of the universe: If you want to make more money, help more people.

[Daniel Berti @danielberti_]

Spending money to help your parents is never a waste of money.

[Daniel Berti @danielberti_]

A rich man digs for gold.
A poor man complains about the price of the shovel.

[Daniel Berti @danielberti_]

There’s nothing wrong with a 9-5. There’s everything wrong with letting that be your only source of income.