#362: Breaking Free from Endless Shopping: Becoming a Money-Making Machine,

I've decided to stop being a consumer and start being a producer, flipping the switch to become a money-making machine instead of constantly buying things I don't need. This mindset shift has transformed my relationship with money, helping me prioritize experiences over stuff and break free from the endless cycle of consumption.

• Questioning how many shirts, jeans, or other items one person actually needs
• Stopping the replacement of things that are still perfectly functional
• Distinguishing between being a saver (who does nothing with money) and a producer (who generates money for meaningful use)
• Breaking the habit of buying things like it's an addiction
• Conducting a personal audit of spending habits to identify unnecessary purchases
• Choosing experiences like travel over accumulating more possessions
• Recognizing that many people own luxury items worth more than they have in their bank accounts

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Chapters

• 0:00 Done with buying things
• 1:00 Becoming a money-making machine
• 2:15 Experiences versus possessions
• 3:20 Breaking the buying habit
• 5:45 Final thoughts and inspiration

Transcript

Speaker 1: 0:00

You know, I feel like I just reached a certain point in my life where I'm just saying I'm done with buying things. I just made a conscious decision, I flipped a switch. I'm just going to become a money-making machine. You know, I don't ever want five more pairs of jeans or one more pair of jeans or one more shirt. I mean maybe, but not really. You know. I mean, think about it like this how many shirts can you possibly have before you? Uh, you can just be done with that. Like, can't you just be done like a collection? Like can't you just have a car and maintain it? Can't you just have like a certain amount of jeans? They're jeans, man. You know, you're just going to be putting them on your on your legs, right? So I mean, I just I was at Costco the other day and they're trying to sell me another phone and I already got a phone and I'm thinking how many times have I replaced something, especially when something works? I think that's the biggest key takeaway, right is, stop replacing things that don't need to be replaced. I'm just done with it. I just made a conscious decision that I'm going to be a money-making machine from now on, and I kind of feel like the only way you can actually be a money-making machine is if you. You got to have one mentality, not the other. You can't think like a consumer. You got to think like a producer, a producer of your own money, of your own bank. Like, essentially, everybody is their own bank and they decide if they want to give money to other people or not. Now, I don't mean as far as like food and stuff goes and I try to waste as little food as possible, but that's always going to happen, especially if you cook with raw ingredients, the way I do, and stuff. But yeah, ever since I was like at Costco a couple weeks ago, I just kept having this thought where I said you know what I'm just? I'm just going to become a money-making machine and, uh, I don't want to. I don't want to buy anything anymore.

Speaker 1: 1:57

Like I, I'm past the point of not ever having enough money to do things that are as far as like experiences. I mean, think about like this, like would you rather have? Would you rather have more experiences in life, such as like a badass trip to Vegas or going to Thailand, or like a hundred more pairs of jeans. Dude, seriously, think about it. Like you know how people always talk about closet space. How many shirts can you possibly have? How many jeans can you possibly have? I know I keep using that as an example, but seriously ask yourself Can't you just be done with jeans and then apply that formula to other things in your life?

Speaker 1: 2:42

Look at the other things that you're wasting in life. You know there's so much waste and that's what's actually really cool. Regardless of your political views about what Donald is doing and the whole Doge Department of Government Efficiency, there's so much waste in the government. But not even that in your own life, in my own life and I hate buying stuff. Now, recently, I bought some workout equipment, um, and it was just it.

Speaker 1: 3:09

I feel like every time that I'm done spending, I feel like I always have that random need. It's almost like a like a urge, like a sensation, like you need to buy something for some reason. I think it's just because you get in such a habit of buying things. They got, they kind of got you hooked. It's like buying things is like a drug. Now you know what I mean. I freaking, I freaking, hate it, dude, like I hate it. But yeah, you can't. You can't necessarily think that you want to be a consumer and a producer. I don't mean. I don't mean a saver Okay, you're saving money, you're not doing anything with it. Okay, I don't mean a saver. Okay, you're saving money, you're not doing anything with it. Okay, I mean producing it and yes, you're going to be saving it, but it's for the intention of being able to spend it later.

Speaker 1: 3:53

I think there's a big distinction between what I'm saying, because I don't mean the guy who always just saves money and does nothing with it. I don't mean the person that spends money constantly. I mean the guy that always has money because he's not buying stupid shit Pardon my French right or more pairs of jeans or short shirts or whatever. Fill in the blank. There's that thing in your life multiple things. You just got to do like a self audit of yourself and look at what you're spying, what you're buying that doesn't need to be replaced, you know, like a new cell phone every 12 months or whatever it is. You know what I mean. Anyway, but yeah, there's a big difference between the guy that wants to, you know, always has money and is always saving, big difference between the guy that wants to. You know, always has money and is always saving, but doesn't ever go anywhere. He's just super cheap, right? Or the other guy who has that money and he does go places and does things. That's why I don't, that's why I don't really get why.

Speaker 1: 4:57

Why, like, the ladies are always into buying bags and purses and man, they're hooked, you know. Good luck to them. I mean that's, just how many times have you heard of guys buying, you know, wanting to go wallet shopping? You know I'm saying like that's the equivalent of exactly what I just said. Sometimes those girls have the. The purse is worth more money they got in their checking cat isn't that sad? Is worth more money they got in their checking account, isn't that sad, guys? It might be hats, it might be shoes you know what I mean, but there's that thing. It could be jewelry or whatever you know, but I hate it and I'm done.

Speaker 1: 5:36

Maybe what I'm talking about is less interesting to you and if so, I apologize, because I always want you, the listener, to be entertained and engaged and stuff like that. Right, but just think about it. Ask yourself these questions. You know, what are you buying that doesn't need to be replaced? How many shirts? Just use the shirt, example, and then use that formula over and over again. How many pants can you possibly have? I'm done. You know I'm done. I'm a money making machine and I can't wait to see where those funds are going to take me to these new experiences in life. Maybe that last part was a little inspirational, and if so, that's awesome. But anyway, I hope everybody has a beautiful day. It's raining. I'm on my way to train some wrestling jiu-jitsu, judo, takedowns, catch, wrestling, cool stuff. Anyway, y'all have the best day. I'm Benji. Well done, check me out, peace.