The Daily Meaning

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Travis Shelton Travis Shelton

"What If I Don't Have $20,000?"

A few days ago, I wrote about a concept I call the “pile of cash test.” In it, I explained how a client of mine used this test to alter their decision from buying a $35,000 car with debt to buying a $20,000 car with cash. I received a lot of feedback from that piece, but a handful of people were quick to ask the question, “what if I don’t have $20,000?” One person was sincere in their question, but several were insinuating it is a dum

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Travis Shelton Travis Shelton

Pile of Cash Test

Several years ago, I was meeting with a coaching client who wanted to buy a new vehicle. When the conversation heated up, it quickly went in the direction of buying a very nice, very new, $35,000 vehicle (this was back when $35,000 was a lot for a new vehicle). They were dead-set on using a car loan to make this happen.

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Travis Shelton Travis Shelton

What Do You Collect?

We, humans, love to collect. According to psychologists, people collect for different reasons. Some collect out of a sense of nostalgia. Others collect as a way to shape or reflect their identity. Some people are allured to the hunt. Others find value in things that will remain even after they pass away. Another fun theory is that collecting is “a way for a man to attract potential mates by signaling his ability to accumulate resources.” Ah, to think all those baseball cards I accumulated when I was 8 years old would later land me a wife……thanks, Ryne Sandberg rookie cards!!!

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Travis Shelton Travis Shelton

The Problem With More

We have a “more” problem in our culture. In nearly every facet of our lives, it becomes about having, getting, making, and doing more, more, and more. The problem with more is that every time we get more, more is still, well, more.

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Travis Shelton Travis Shelton

It's the Same 10 Miles Either Way

I was recently meeting with a client who drives a very average car. Seven years old, 120,000 miles, nothing fancy. When I asked him why he hadn’t made the choice to buy something nicer (because that’s what most people naturally do), he responded, “it’s the same 10 miles either way. Driving this car lets me do all the other things I want to do when I’m not driving those 10 miles.”

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