17/11/2025
I went from 50k in debt to 100k in one year & 1 million in 4, by refusing to spend money on these 3 things:
1: New cars. They drop up to 60% in value over 5 years.
2: New electronics. Phones, TVs, laptops all drop hard and are half price sometimes within a year
3: Designer clothes and furniture. Can drop 70% plus in 1 to 3 years, or more
Let someone else lose all this money
But when you buy used, almost new, AND invest the difference, this can make the difference of £1,000s a year which can become millions over decades WITHOUT earning any extra money
-Rob Moore
