31. The Psychology of Spending

In this episode called The Psychology of Spending, Billy discusses what is meant by the psychology of spending and how you can make it work for you.

• "Whatever results we're getting on the outside is a result of what's going on the inside." - Billy Hofacker
• "If you work at your job you can earn a living. If you work on yourself you can earn a fortune." – Jim Rohn
• "Most people wind up right about where they expect to." –Abe Lincoln
• Opportunity cost
• "Is what I'm spending my money on right now the best use of this money" –Billy Hofacker
• "Sacrifice now so you can enjoy life more later." –Billy Hofacker
• "Automate the right things. Don't automate the wrong things."-Billy Hofacker
• Save a portion of all you earn – The Richest Man in Babylon

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