Why I Just Upgraded My Already Brand New BMW
Today I decided to upgrade my BMW. I want to share with you WHY because I just got a new BMW 6 months ago. This story goes back to August of 2016. I was getting a new car and I was still operating in the scarcity mindset. When I was shopping for my new car, price was the only thing I cared about. I chose a base model Kia Soul. And when I say base I mean BASE. So much so that it did not have power lock/unlock doors. I negotiated a payment of $209/mo on a brand new base model Kia. I was proud of myself. A few months in, I got extremely tired of manually inserting the key to lock and unlock the car every time I drove. My wife couldn’t drive the vehicle because it was a manual transmission and she doesn’t know how to drive manual. The reason it was manual is that the manual transmission had a sticker price of $500 lower than an automatic. You can see how poverty minded I was.
I hated driving the Kia not because it was a bad vehicle or that I was ungrateful, but because I knew I had invalidated myself. I essentially said with my actions “I am not capable of producing an extra $10/mo” which is what it would have taken to get one that had auto lock and a transmission that my wife could drive.
Last summer, I got my very first BMW. A business partner of mine offered to pay for me to get a BMW. I accepted the offer, but in reality, I would not have upgraded vehicles if someone was not footing my bill. I had a budget of $500 to get my new BMW. Truth be told, I was elated to not have to drive the Kia any longer. However, I still had scarcity mindset. I went into the BMW shop and told the salesperson that I was spending $500/mo and nothing more because I would not go over budget. The salesperson saw me eyeing a sleek white BMW x4 which was an alternative version of my dream vehicle, the BMW x6. I test drove it and everything. It was only $200/mo over my budget, but I chose again to go with a base model BMW because I could not fathom spending the extra $200/mo. I love my BMW and I instantly increased my production because of the positive change I had made with the new BMW.
A few months ago I began to realize that I had practiced almost the same behavior as with the Kia. I did not make the decision from a standpoint of logic and ability, but rather from the standpoint of irresponsibility and fear. Instead of asking “how can I afford $200/mo extra?” or “what would the benefits be of owning and driving my dream car everyday?” I instead asked questions like “what if I can’t cover the extra $200/mo payment?” and “what if my business partner doesn’t keep paying and I have to cover the full $700/mo?” Do you see what I mean?
Last night, I made the decision to go back in and get the BMW I should have gotten from day 1! I made the decision from the standpoint of “if I’m worried about $200/mo extra then there is no way I will ever be a billionaire.” It’s true. We cannot have big goals and then worry about small problems. A goal is a problem that we intend to solve. Saying we are going to make a million dollars and then buying the cheapest thing on the menu cannot go together. The guy who is worried about how much his car, steak, or rent costs will forever be a slave to that problem until he creates a bigger problem.
I control my ability to generate the income to exchange for my new vehicle. That’s the bottom line. The only thing holding me back originally was that I did not believe in my ability to make the additional $200/mo. This is wealth. Wealth is treating money like oxygen. You don’t budget your breaths. You don’t try not to breath while you sleep because “that’s a waste” and you need to save some for later. You don’t worry about things like “what if I can’t keep breathing tomorrow?” That would be ridiculous. The reason why you do not treat oxygen this was is that mentally you have decided there is an abundance of it and when you need some you can always go get some. This is how you should treat money!
The reason I was able to make this mindset change over the past 7 months was actually from studying on my own training program, Wealth DynamX University. I was able to create a plan for my income, work with a coach, be accountable, get daily education on how to build wealth, and network with a group of like-minded, big thinkers. Wealth really is the ability to treat money like oxygen and if you’d like to develop this skill, find out more about Wealth DynamX University today.
Own Your Potential,
Jerry Fetta believes everyone has the God-given right to own their potential. Most of us don’t because we spend 40 hours per week serving the 40 year to life sentence, trading our precious time for worthless paper called money.
We live on an economic planet and time and money do need to be exchanged. But it doesn’t need to be your time or your money. Jerry teaches his clients to secure income producing assets that make the time and money exchange for you so you can buy your freedom back and live a life of abundance and prosperity. To get there we must know how to make money, how to keep it, and how to multiply it.
Jerry provides coaching, education, accountability, and community to help you build wealth. Join the Wealth DynamX coaching program, get educated on Wealth DynamX University, and begin networking with the Wealth DynamX Mastermind Group today.
To get started, go to www.WealthDynamX.com/potential