The Law Of Diminishing Expenses
The Chris Harder Show
Chris Harder
4.9 • 1.5K Ratings
🗓️ 1 August 2022
⏱️ 11 minutes
🧾️ Download transcript
Summary
The Law of Diminishing Expenses is pretty straightforward: the richer you become, the less expensive everyday things seem to you. All of the sudden, the daily requirements to live your life, like gas in your car and dinner on the table no longer become a prohibitive expense in your mission to become wealthy. In order to get there, you need to build a budget and have multiple streams of income so that if any one of them went away, you wouldn't have to change your lifestyle tomorrow. Tune in to hear more tips and real-life examples of how the Law of Diminishing Expenses works.
IN THIS EPISODE, WE TALK ABOUT:
- The moment that I understood what The Law of Diminishing Expenses meant
- The importance of having a reasonable budget that you can actually stick to
- What to do once you have that extra cushion from your side hustle or new business opportunity
- Free resources that I give out to help you get over the hump of living paycheck-to-paycheck
RESOURCES
- Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspective messages to boost your day.
CONNECT WITH CHRIS
Follow Me: @chriswharder
Visit My Website: https://chrisharder.me
Transcript
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| 0:00.0 | You must have multiple income sources and you must build your budget and those income sources |
| 0:06.5 | So that if any one of them went away today |
| 0:09.9 | You would not have to change your lifestyle tomorrow |
| 0:12.8 | That's the goal. That's what gets you over this hump |
| 0:19.7 | Welcome everybody to the Chris Harder show where we are making you unapologetic about your pursuit of success |
| 0:25.4 | Knowing that when good people like you make good money they can then do great things |
| 0:29.9 | My name is Chris Harder and several times per week |
| 0:32.1 | I will bring you epic guests solo episodes and every single tool trick and skills that you need to grow your business |
| 0:38.4 | Grow your money mindset and to grow your wealth to levels that you have never reached before |
| 0:43.0 | I've ended up in a unique place in life where I've got the experience the connections and all the secrets that it takes to be |
| 0:48.9 | Successful and I'm lifting the curtain to reveal it all to you in an effort to help put you in a position of a |
| 0:54.9 | Bunit's so great that you can then be as generous as possible. So let's lock arms and let's get started |
| 1:04.9 | Hey everybody welcome back to the Chris Harder show. It's another money Monday here where we absolutely believe that both prosperity and |
| 1:11.1 | Generosity can and must coexist now because it's a money Monday |
| 1:15.4 | We're gonna talk about money and what we're really gonna teach you about is a law of diminishing expenses |
| 1:22.1 | Now what in the world is a law of diminishing expenses? |
| 1:24.3 | Well, it's kind of cool because once you learn what it is you realize why once you get over the hump |
| 1:30.6 | The rich become richer |
| 1:32.6 | easier and |
| 1:34.2 | Everybody else who's struggling continues to struggle and when you learn about this law of diminishing expenses |
| 1:40.2 | It gives you extra motivation to get over that hump and I'll also tell you how to get over that hump before this thing is over |
| 1:46.0 | But first I got explained you what it is |
... |
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