One of the surprising responses from How To Improve The Value Of Your Home With One Phone Call is people basically saying it’s not worth the hassle to call the property assessor’s office to make them input the appropriate square footage on record. Disappointing.
If you paid a permit fee and constructions costs to remodel your home and are now paying extra property taxes on the increased value of your home. The least you can do is make sure the city has your home’s new size correct. The 3-R report is an important record for when it’s time to resell your home.
I’m not sure if everybody saying “don’t bother” are mega-millionaires, but to me, spending 10 minutes to fight for 180 square feet of rightful space to increase my home’s value by ~$160,000 is absolutely worth it!
This “don’t bother” attitude is exactly what the government counts on to collect maximum revenue for the services it provides. When the real estate market is rising, the government will aggressively raise assessed values to collect more property tax revenue.
When the real estate market is falling, even though there is no way in hell you could sell your house for what it is being assessed, they won’t budge. Fighting for what you deserve is the Financial Samurai mindset.
Don’t let people walk all over you!
Stop Letting People Take Advantage Of You
If you can’t be bothered because you’re lazy or too intimidated to stand up for yourself, this kind of thinking can negatively affect everything you do. Life is about winning the small to conquer the big.
Here are some examples when you consistently let people take advantage of you.
1) You know your woman is cheating on you. But you can’t be bothered to talk to her about your marital issues because you’re too afraid of confrontation. As a result, you turn into a pathetic loser. Your woman doesn’t respect you, your sex life is horrible, and your relationship goes down the drain. Other people don’t respect you either because they know your woman is messing around with other men behind your back and you’re doing nothing about it.
2) You don’t think you’re getting paid what you’re worth. But you can’t be bothered to put together a presentation highlighting your value and have a heart-to-heart with your manager to tell him or her why you deserve a raise. At the same time, you don’t bother finding a job elsewhere because you doubt your abilities.
You’re comfortably dissatisfied. As a result, you turn into the office virus and spread negativity throughout the organization. You become increasingly bitter and unhappy at work. But you do nothing about your situation and deserve the nothing you get.
3) Your competitor steals your idea. Instead of calling her out and going after her, you let her continue to copy everything you do. She gets the glory, you don’t. And when you end up telling other people how you came up with the idea first, nobody gives a crap. They just think you’re jealous.
You should have sent a cease and desist letter, but you were too meek. Enjoy being a failed founder who has no net worth because you spent everything you had in your business. You naively believed that meritocracy would win in the end.
4) You quit your job. The number one reason why people quit their jobs instead of negotiating a severance is because they are too afraid to talk to their bosses and stand up for themselves. Quitting is the easy way out. They justify their inaction by saying, “It’s the right thing to do;” or “I don’t want to burn any bridges;” or “Why would they lay off a high performer like me?”
Negotiating a severance takes having multiple conversations of give and take. Once you quit, you’re left with nothing. But if you receive a severance, you gain the freedom to not rush into anything just for money.
5) You let the loud noise play on. Instead of asking your neighbor to turn down the bass, you let the bass drive you crazy. You can’t sleep, you go to work pissed, you’re easily agitated with your spouse, and you lose your focus. Whenever you pass your neighbor on the street, you mentally snarl, but smile as if nothing is bothering you. You’ve let your neighbor pollute your
6) You let a dog defecate all over your front lawn. At least once a week you wake up to dog shit on your front lawn. It keeps happening because the dog owner knows you don’t have the guts to do anything about it. And at least once a week you’ve got to remove their dog shit for them. Instead, why not stake out or set up a camera to catch them in the act, follow them home and fling their own shit back at them? I’m sure they’ll love it since they love doing it to you.
7) You let trolls crash your party. A random student from Unibocconi in Milan left an angry comment telling me I was lying about how much bloggers can make online. He demanded I send him my income statements as proof.
When I asked him why he thought he deserved access to my private info, why he thought he knew so much having just started his site this year, and why he’d want to hurt his reputation online before trying to land a job in finance after graduation, he then sent immature memes making fun of old people and the gay community.
Now I was offended, so I forwarded his e-mails to his university’s administration office to tell them to speak to this kid before he ruins his life. They apologized on his behalf, thanked me for the heads up, and said he has been spoken to.
It’s too bad there’s so much online bullying nowadays too. If you run a blog or online business, you will get trolls. Ignore most of them. But certainly defend yourself if they’ve gone too far. Always defend your honor, just like you would defend the honor of your children and loved ones.
8) You never question what you’re getting for your money. I always ask people who ask me for investment advice what they are getting from their investment firm for the fee they are paying. Nine times out of ten, they have no idea how much they are paying until I calculate their fees for them. They are always shocked to hear the number. One person said she hadn’t heard from her advisor in a year. Demand better for what you are paying or move your money. See how to reduce 401k investment fees and how to reduce mortgage fees and get the best rate possible.
9) You let someone physically or mentally bully you. If you are currently being bullied, I feel your pain because I’ve been bullied many times before. But to the extent I won’t die from a bully, I always fight back if the bullying becomes chronic. The easiest way to fight back is to confront the bully and ask in a calm manner, “Why are you doing this to me?” This simple question makes the bully confront their aggressions. It catches them off guard because bullies prey on the weak.
I have used this tactic face-to-face and over e-mail many times before, and it’s always helped ameliorate the situation. This question often leads to more constructive dialogue. Increasing your knowledge and learning self-defense also helps boost your confidence and confront bullies.
10) You let other people dictate who you are. After promoting the Financial Independence Retire Early movement since 2009, I’ve noticed a growing number of people hating on people who have achieved FIRE or who are practicing FIRE. These people are called the Internet Retirement Police.
They are so jealous of your financial success or desire to be FIRE that they must rain on their parade since they are nowhere close to where you are and are unwilling to make similar sacrifices. What’s sad is that most of the Internet Retirement Police are bloggers trying to reach financial independence themselves.
Use their judgement as motivation to make more money and be free!
It Won’t Stop Until You Make It Stop
Bad things happen all the time. It’s up to you to rectify the situation by taking action. Don’t let other people kick sand in your face without any repercussions. Even if you fail at improving the situation, you will feel better knowing you did your best to stand up for yourself. If you do nothing, a cancer will eat up your soul.
Having the right money mindset is half the battle for achieving financial freedom. Everybody deserves to be rich. But for some reason, not everybody believes they can be. And if you want the best solution, then achieve financial independence as soon as possible. There’s nothing sweeter than living the good life!
Updated for 2020 and beyond.