Lev | Building Businesses @levbuilding

Warren Buffett often quotes this line: "The chains of habit are too light to be felt until they are too heavy to be broken." Here's what that looks like with money. A $6 coffee every workday. Delivery twice a week, $15 each. Three subscriptions you barely use, $10 each. None of these feel like a decision. Each one is too small to think about. Together it's around $290 a month. Almost $3,500 a year. That's the chain. Light enough that you never notice it. Heavy enough that it decides how much you can save. Buffett's point is that habits are easiest to change before they feel heavy. Lev tracked every expense for 90 days to find his 👇

Lev | Building Businesses @levbuilding

2 weeks ago

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@Violett_Code that's true

Warren Buffett has said that if he borrowed money at 18% or 20%, he'd go broke. Think about that. One of the best investors in history, with returns most people only dream about, says he couldn't beat credit card interest. Most people carry that kind of debt like it's normal. A balance here, a minimum payment there. It doesn't feel like a decision, so it never feels urgent. But money working against you at 20% a year is the exact opposite of compounding. Every month it quietly takes back what you're trying to build. Buffett's advice isn't complicated. Stop the leak before you try to grow anything. The hard part is that most leaks are invisible. Not just debt, but the small daily spending that keeps the balance from ever going down. I tracked every expense for 90 days to find mine. Here's what I found 👇

Lev | Building Businesses @levbuilding

2 weeks ago

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Warren Buffett still lives in the Omaha house he bought in 1958 for $31,500. He's one of the richest people alive. He could buy any house in the world tomorrow. He never moved. And the house isn't the only example. On the way to work, he used to stop at McDonald's and pick breakfast based on how the market was doing. $2.61 on a bad day, $3.17 on a good one. He once said the house was one of the best investments he ever made, not because of what it was worth, but because it gave his family exactly what they needed. That's the part most people miss. Buffett's wealth didn't come from what he bought. It came from what he kept. Every dollar not spent on a bigger house, a nicer car or a lifestyle upgrade stayed invested. And money left alone for 60 years compounds into something most people can't even imagine. You don't need to live like Buffett. But most of us lose money in a less obvious way than a big house. It leaks out in small amounts. A delivery here, a subscription there, $12 at a time. I tracked every expense for 90 days to find mine. It turned out to be hundreds a month I never noticed. I wrote about it below 👇

Lev | Building Businesses @levbuilding

2 weeks ago

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@0x_CryptoFuture means 2x boost is finished?

@0x_CryptoFuture and plus subscriptions 😔

Nick Maggiulli, author of Just Keep Buying, makes a simple point that’s easy to forget: wealth is usually invisible. The money you don’t spend, the assets you accumulate and the habits you repeat rarely look impressive in the moment. But those are often the decisions that matter most. The same is true with expenses. The ones that feel too small to care about are often the ones that deserve a closer look. More here:

Lev | Building Businesses @levbuilding

2 weeks ago

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CNN just had an entire argument over whether the cost of living is actually lower. Inflation, gas prices, groceries, housing. Everyone has a different number to point at. The bigger problem is that most people don’t even know what their own cost of living really is. Rent is obvious. Gas is obvious. The dangerous part is everything small enough to ignore. That’s what this article is about:

Lev | Building Businesses @levbuilding

2 weeks ago

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Ramit Sethi, bestselling author of I Will Teach You to Be Rich and host of Netflix’s How to Get Rich, has spent years studying how people actually spend money. One of the biggest gaps is between what people think they spend and what the numbers actually show. I tested that on myself for 90 days. $180/month on food delivery. 3 forgotten subscriptions. Dozens of small purchases I barely remembered making. None of it felt expensive in the moment. Together, it was hundreds every month. I wrote about what I found:

Lev | Building Businesses @levbuilding

2 weeks ago

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Source: Aja Dang / YouTube

Women hold over 60% of all student loan debt in the U.S. Aja Dang once publicly shared that she owed $200,000 herself. Debt is obvious. The smaller spending leaks usually aren’t. I tracked every expense for 90 days and found hundreds disappearing every month. I wrote about what I found:

Lev | Building Businesses @levbuilding

2 weeks ago

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@mmoyshaa seen thia trader before, will follow him for future trades

@mmoyshaa that’s why we should control

Alex Hormozi says if you have under $1M, learn how to make money before learning how to invest it. There’s another side to that: know where the money you already make is going. I tracked every expense for 90 days. The numbers surprised me.

Lev | Building Businesses @levbuilding

2 weeks ago

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@CryptoMavka i wouldn't be so sure after their games on World Cup

@CryptoMavka coffee is evil

@Christiann_AI link in bio

@batagonx why i still not invest in this 500 companies