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.
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! After all, I’m already paying higher property taxes on my bathroom expansion because I applied for a permit and got the construction approved.
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
Let’s say $160,000 means nothing to you because you are incredibly rich. Then, of course you must agree that to stop economic waste, the rich should pay more for everything. You need to be exploited to the maximum for being so clueless as to tell the world how much more you make than everybody else.
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. Here are some examples.
1) You suspect 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 cuck. 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 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. You should have sent a cease and desist letter, but you couldn’t be bothered. 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. 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. Sensing there might be a follow up post about entitlement, I e-mailed him asking about his background and if there was anything I could do to help him. He then proceeded to call me names. No problem.
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, 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. If you run a blog or online business, you will get trolls. Ignore most of them. But go after some for good measure. There’s often an interesting story that can be written.
8) You never question what you’re getting for your money. When I’m asked to review a client’s investment portfolio as part of my 1X1 consulting services, I always ask them 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 client 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. 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.
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!
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Updated for 2019 and beyond.