meta_pixel
Tapesearch Logo
Log in
Selling on Amazon with Andy Isom

#336 - What can we learn about expensive cars and happiness

Selling on Amazon with Andy Isom

Andy Isom | Amazon FBA Seller & Agency Founder

Amazon, Business, Amazonfba, Selling, Marketing, Entrepreneurship, Personalbusiness, Productbusiness, Ecommerce, Onlinebusiness

4.9816 Ratings

🗓️ 15 April 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

In this episode, I talk about what we can learn about expensive cars and their impact on happiness and finances. Comparing a $90,000 SUV to a $20,000 family car, I discuss the pitfalls of financing vehicles, which can cost up to $120,000 over time due to depreciation and interest.

 

Shifting perspectives, I talk about the alternative: investing that $100,000 into your business and the potential for long-term happiness and fulfillment that comes from business success and financial stability.

 

⬇️ Click to view my available resources!

https://www.andyisom.com/

Sellerboard: http://sellerboard.com/?p=01393

SmartScout: https://smartscout.com/?fpr=andy71

Some products and resources mentioned in this episode may no longer be offered. Please visit my website or DM me on social media for currently available downloads, resources, and coaching programs!

Transcript

Click on a timestamp to play from that location

0:00.0

So really what I'm getting at here is, you know, you spend $120,000 on a new SUV and you spend

0:05.7

that over six years or you spend $20,000 on an SUV that's at 2015. Like what if instead of

0:12.7

spending $100 grand, that's literally what you're paying the bank over six years? Instead of

0:17.4

spending $100,000 to a bank for six years, what if you took that $100,000 and actually put it into a business for yourself?

0:24.3

Let's talk about the happiness that that could bring.

0:32.9

What's up, guys? You're listening to another episode of Selling on Amazon with Andy Isam.

0:38.0

What can we learn about expensive cars and happiness?

0:42.8

This is more of a mindset episode.

0:45.4

And it's something that I've been thinking about for a really long time.

0:48.0

And I wanted to do a podcast episode about it.

0:50.5

And we're going to kind of talk about budgeting a little bit here.

0:54.0

Now, disclaimer, I am not a budgeting guru. And we're going to kind of talk about budgeting a little bit here.

1:00.9

Now, disclaimer, I am not a budgeting guru or expert by any means.

1:05.1

I've gone through various phases throughout my life where I've gone really hardcore budgeting,

1:08.3

where I've used budgeting software tools like Mint or you need a budget.

1:10.9

And then I've gone through phases where like I'm kind of just yolo and have no idea where my money is or what it's doing. It seems like every time I take a new

1:16.7

step up in my life, I guess we could say, of, I don't know, buying a nicer car, which we'll talk

1:22.8

about, or a nicer house or something. Anytime I go through one of those big drastic changes or

1:26.9

having another child, I kind of get back into like, okay, here's a new next step, next stage of life. Let me get

1:33.1

my finances in order. Make sure we're good here with this decision and what we're doing. And then

1:37.2

after, you know, we kind of get in the group of things and I realize, okay, we're good. I get lazy

1:40.9

with my financial budgeting on a monthly basis, I would say. But when it comes to

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Andy Isom | Amazon FBA Seller & Agency Founder, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Andy Isom | Amazon FBA Seller & Agency Founder and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.