Joseph Brown
Leveraging Money Through Good Debt Med Daily

How to lose it all and still feel like a winner

Photo by Jp Valery on Unsplash

You’ve all seen the reports and the scary stories. The market crashed, it’s a bear, a recession is coming. Well maybe it’s just news to some of you and maybe for some it’s the real life story. Maybe you’ve lost your job, or your business is stalling. Either way, right now is a gloomy time.

For me, it’s the market crash and watching my money go down in red tickers on the screen and wishing there was a time machine.

I said it just a month ago, ‘now’s the time to hold on to our cash, sell a few, store some capital, the market’s over valued, it’s time’. Did I do it? Hell no. Now I’m watching the market up and down, up and down, while 2/3rds of my hard earned dollars have already flown into the void.

However, I don’t really feel all that bad about it. Now, don’t get me wrong, I’m not a lunatic who likes being broke. I’m not saying I’m happy about it. Though the second I got the nervous message from my wife, who was fearful I’d lose my … stuff over the whole situation, I knew I had to toughen up.

It was in that moment, with my wife near tears explaining how the market just dropped, and me watching the image of my dream financially free lifestyle fading quickly into the distance, that I knew I didn’t really need it.

I saw the one thing that already made me a king right in front of me and I wasn’t going to let money ruin her life. It was then, amidst my greatest financial failure to date, that I truly felt like the master of money.

To be honest, I was shocked.

I didn’t expect to feel like that.

I thought I’d smile and pretend and then curse … well, I didn’t expect a stock market crash to feel like an ‘oh well’ moment. But more than that, I actually thought, ‘how can we take advantage of this?’ ‘Will I get paid in time to put some money into all those cheap stocks?’

When I think on it, it’s actually quite shocking.

Now that I’ve had time to process the whole mad experience, I now know how I came to this position, this wonderful empowered new position I’m feeling.

I realized, it’s not the money that makes you rich. It’s understanding how money works that makes you rich.

I may have lost a mountain of liquid cash, like sweet milk dashed from a broken bottle. However, I know I am a competent and capable human being and I can earn money for years to come. What’s more, I have got to the point where I want to work on and keep improving myself. So, I know great things are ahead of me and I will earn way more in the future.

What’s more, I just finished my first ‘crappy’ novel and I’m getting close to a dollar a day writing online. Still a long way to go, but I know I have great potential and I know one little setback is just another lesson on the road to free.

What makes me rich is me, not some pile of paper in the bank or numbers on the screen.

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