Be Grateful For The Problems That Are Solved By Money

I cranked up my car yesterday and it started convulsing. Yes; convulsing. At first, I thought my mind was playing tricks on me (que the Scarface music) so I cut it off and pushed the start button again. To my dismay, the convulsing persisted. 

Needless to say, I dropped Alaska off for service. Yes; her name is Alaska and she and I have been all over the U.S. together (as long as the trip is 4 hours or less). She’s been paid off for close to 5 years and I thank God for blessing me with her.  

The mechanic hasn’t diagnosed the issue yet, but when he identifies what’s wrong and writes the prescription, money will be able to solve this problem. 

Not stressing about this is a result of building my opportunity fund. We have the power of life and death in our tongue and it’s time to shift our language. Traditionally, you’d hear financial planners talk about an emergency fund. I’m switching that up and calling money that we set aside to take care of “things that happen” an opportunity fund. Meaning, we have an opportunity to take care of whatever may happen. 

Opportunity funds make things that could be major stressful situations minor irritations. I challenge you to build up your opportunity funds. 

There are 20 weeks left in the year. If you can commit to saving $20 each week for the remainder of the year, by December 28th, you’ll have $400. Check out the details below to see what you can build if you start saving this week: 

  • $20 turns into $400
  • $30 turns into $600
  • $40 turns into $800
  • $50 turns into $1,000

Start today and set yourself up for success. 

As of August 13th, American Express was currently offering the highest interest rate (1.75%) with lowest minimum deposit ($1) that I’ve seen in a while. Head over to their site and set up a no fee savings account. They are not paying me to promote their company or account, so this is unbiased information.

Remember, it’s never too early or late to start. The key is starting.

Update: Alaska and I are back on the road.