How Money Has Changed My Life
The Amplified Impact Podcast
June 11th, 2023
Today, I’ll be addressing some of the questions I received during our recent Ask Me Anything session on Instagram Live.
One particular question caught my attention, and it’s a two-parter.
The first part asks how my self-image has changed as I’ve become more successful.
Interestingly, I’ve always possessed a high level of self-confidence.
Regardless of what I set out to do, I’ve always believed that I have the potential to be the best in the world at it.
The second part of the question deals with how money has changed me from when I was poor to where I am now.
When I was younger, I focused solely on my own needs and desires.
But as I started achieving success and attaining financial stability, something shifted within me.
I realized that I had the resources and capacity to contribute to others and make a meaningful impact on the world.
As my cup began to fill…I started looking outward and contemplating how I could use my experiences and knowledge to help others on their journeys.
Now, when it comes to how money has changed my life in a material sense…it hasn’t drastically altered my lifestyle. I still lead a relatively frugal life.
However, financial success has brought a sense of security and confidence.
While I don’t think I’ve changed dramatically, it’s always interesting to get the perspective of loved ones, family, and close friends.
Ultimately…I’m on a continuous journey of growth and self-discovery, and I appreciate having you all as part of that journey.
TWEETABLE QUOTE:
“And just knowing that has given me a lot of self confidence in life. To go and pursue opportunities and do things that maybe like ten years ago would have been very scary to do.”- Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Let’s Connect On Social Media!
instagram.com/theanthonyvicino
Join an exclusive community of peak performers at Beyond the Apex University learning how to build a business, invest in real estate, and develop hyperfocus.
Learn More About Investing With Anthony
Invictus Capital: www.invictusmultifamily.com
Multifamily Investing Made Simple Podcast
Passive Investing Made Simple Book: www.thepassiveinvestingbook.com
Episode Transcript:
Anthony Vicino [00:00:00]:
What’s up everybody? Welcome back to the podcast. We are still diving into some questions that I got in the most recent AMA or the Ask Me anything that we did on Instagram Live a couple days ago. For those that don’t know, we are gonna be doing those on a recurring basis every single week. So if you want to join, you want to come join the community, ask questions and just hang out with me, go find me at the Anthony Vasino on Instagram, give me a follow and then will let you know on there when those lives come up and you can just come chill. That’d be awesome. Take this relationship, make it more than just one way. Let’s go have a conversation. But in that AMA, I wasn’t able to get to all the questions.
Anthony Vicino [00:00:35]:
So I want to bring them up here. And one of the questions actually it’s kind of a two parter, the person asked the question, but then I’m going to add on a layer to it. One is how has your self image changed as you’ve become more successful? The other part of this that I want to explore is how has money changed you from when you were poor to where you are now? How has money changed my life? And so let’s unpack the first one, the self image question. And this one’s interesting because on one hand you would think maybe, oh, I’ve become more confident in my abilities because I now have data to point to. But the truth is I’ve always had a delusional amount of self confidence. That’s never been my issue. I’ve always believed, regardless of what I go into, what I’m doing, that I have the capacity to be the best in the world at that thing. To truly a delusional level.
Anthony Vicino [00:01:27]:
Like if I picked up a basketball I’m like, I bet I could be the best at this if I really dedicated myself to it. And that delusion has served me very, very well in a lot of different domains of life because I’m too stupid to acknowledge the reality of the situation, which is the likelihood of becoming the best at anything is very, very low. And yet though I’ve never become the best in the world at any one thing, I have become quite good at those things and living in alignment in my mind of like, see, I knew I could do it right. So I’m delusional and that’s helpful. It’s also not helpful in some cases, but that’s for a different day. That hasn’t necessarily changed. Like I’ve always had confidence when I was in my twenty s and I’ve told you guys a story about sitting down with my ex fiance, her parents asking if I could marry their daughter and the mom saying, hey, what are you going to do to provide for our daughter? And I remember going home and really having a chip on my shoulder feeling like I’m going to show you, I’m going to prove you wrong. And that set me down this money making game path to try and win the money game.
Anthony Vicino [00:02:28]:
But there was never any doubt in my mind when I was living in the back of that van, $80,000 in debt like a year later from that conversation when my fiancee had left me, there was never any doubt in my mind that if I applied myself that I could make money. I never doubted that I could be a millionaire by 40 years old if I wanted to. And it just so happened at that point I was ready to want it. So confidence, belief in self, that really hasn’t fluctuated at all. Thank God that I’m not more confident in my self belief because that would be an atrocious amount of ego for sure. But that’s both my strength and a weakness of my personality. And some people, they struggle on the other side of that. They have no confidence in themselves, they have no self belief and they doubt themselves in everything that they do.
Anthony Vicino [00:03:14]:
And that’s in the same way that having too much self belief can be a negative thing that I find that can be far, far more detrimental because it stops people from ever even trying. But for me, what really changed is I got successful. And success is however you choose to define it. But for me, success was getting to a place in life where I didn’t want for anything. In the sense that I could go do what I want, when I want, where I want, with who I want. I had life, freedom, I had control over my time. That was success to me. And so the, the big thing that changed when I became successful is I stopped, I cringe almost to say this I stopped being as selfish.
Anthony Vicino [00:04:01]:
I’m still very selfish, still very self focused, inwardly focused. And I accept that. But if you rewind to when I was in my twenty s, I was way more, I was way worse. I never thought about anybody. I didn’t think about the people in my life, my relationships, the people I was hurting or how I could help people. And it never crossed my mind. And I think part of that is when your cup is empty, you’re not really necessarily thinking about how can I go pour into other people? It never crossed my mind at that point. It wasn’t until I started becoming more abundant mindset, like more abundant minded and abundant in my resources and resourcefulness that my cup started to fill.
Anthony Vicino [00:04:44]:
And as it started to fill and I realized like, well, I’m not thirsty enough to drink all of this. What am I going to do? And that’s really when I started looking outward and saying, well, what am I going to do? To start making a meaningful impact on the world around me? Not just make money, not just serve myself and my family, but what can I do for the community of up and coming entrepreneurs or people that are struggling with ADHD in a very real way over the last four? Or five years has led me down this path of creating this type of content that you’re listening to right now, which is really an attempt for me to share my learnings, my journey along the way, the failures which are so numerous, and some of the successes in an attempt to pour something out of my cup, hopefully into your cup. And maybe that can be the thing that helps you along. Like, that’s a funny word slake your thirst long enough so that you can keep in the game and get to the point where your cup is filling on its own, too, and then it becomes overflowing. And from that overflow, you can fill up the World Cups. And so, truly, in a very interesting way, success has made me more outwardly focused in a lot of ways, and I’m very thankful for that because it makes sense when you’re in that position where you don’t have a lot and you’re really not really thinking about how you can contribute meaningfully to the world. And this makes sense if you think about Maslow’s Hierarchy of Needs hierarchy. You got to have your shelter, your food and your protection, your shelter, all that stuff taken care of before you can really start working on self actualization and relationships and working on the world.
Anthony Vicino [00:06:22]:
And that was very much the case for me. Now, in terms of how has money changed me, this is an interesting one because I don’t think money has really changed my life in a meaningful way in certain ways. Which, I mean, for instance, I drive a 2015 Toyota Prius that has, like, 110,000 miles on it. It’s the small prius. It’s like the Prius C for fantastic for parallel parking in a city, but it is not an impressive car. I don’t have any designer clothing. Really? Well, okay, that’s not true. I actually have three suits that were made by these twin brothers here in the Twin Cities who make the best suits I’ve ever seen in my life.
Anthony Vicino [00:06:57]:
I feel like James Bond when I wear them. Besides that, I don’t wear designer clothing. I think I wear nice clothing. I wear, like, Lululemon and I wear, like, Athleisure, but I’m not getting gussied up with, like, $500 T shirts or anything like that. I don’t wear labels. I don’t have a fancy watch. I have my Garmin Forerunner, which I use for working out. And I have, like, a $300 eco drive citizen watch that I never wear.
Anthony Vicino [00:07:24]:
So I don’t collect nice things. And Jamie and I, we just moved out of our single family home, and we live in this nice apartment on the 14th floor overlooking the river. And this is like the bougiest thing that we’ve splurged on, in truth. This fantastic view, this nice building. But even that for how much we make. This is actually a very cheap apartment, all things told, which I’m consistently reminded of when I’m going to the elevator, going downstairs, and there’s all these 21, 22 year old college girls who all live in the building too. And I’m like, I think we moved into a sorority university house where kids whose parents are subsidizing their living or something aren’t here. So that’s neither here nor there.
Anthony Vicino [00:08:08]:
But all this to say is my life hasn’t materially improved. From the material perspective, we take a lot more trips. The trips we take are a higher quality for that has definitely improved. We still travel coach. We just flew to Texas, to Ireland and Mexico last month, so we took a lot of trips, a lot of those for work, but in each one of them, we just flew coach. I’m super cheap still to the point where I won’t even splurge necessarily to get the Il seat and sit with a little bit extra room and comfort plus, so still really cheap. And I think a lot of that is stemming from the fact that I still just have a lot of fear around money, and I don’t like spending it. It makes me feel bad because it reminds me of how it felt when I was in the back of that van.
Anthony Vicino [00:08:50]:
I remember the value of the dollar and having to do the math of like, okay, I got $20. Do I put that in the gas or do I get dinner? If I do get dinner, how much can I put in the gas? Right? Like, you’re doing that mental jujitsu. And I still struggle, truthfully, even though we have plenty, I still struggle with that spending mindset. So how does our life change? I feel much more secure in a lot of ways where I don’t worry about money in the same way that I did before. And maybe the most important thing is I have the confidence, the belief that no matter if you took all my money away, I could get it back. I have that ability. My life will never go back to living in that van against my will. If I choose to, I can, but I have the ability to earn it all back.
Anthony Vicino [00:09:32]:
And I think that’s the biggest thing that’s changed is the money was only ever proof of the skills and the traits that I had acquired. And so it was like a scoreboard in a way. And it’s like, oh, you do have the ability to put points on the board. And just knowing that has given me a lot of self confidence in life. To go and pursue opportunities and do things that maybe like ten years ago would have been very scary to do. But it’s still a learning process, still a thing, it’s still a journey. And all that’s to say is that I don’t really think that I’ve changed all that drastically, but that’d be a good question. Maybe for loved ones and family and friends who know me really well and say like, nah, you ain’t the same, you changed.
Anthony Vicino [00:10:15]:
So I could be completely delusional. There is a very high likelihood that’s true. Those are today’s questions. I hope this brought you a little bit of value. If it did, let me know. Drop a review. Those mean seriously, it means a lot to me. We got like 60 ratings and reviews on spotify.
Anthony Vicino [00:10:32]:
We got like 30 or 40 on itunes. And that’s so cool. I read every one of them, by the way, guys, I really do, and it means a lot to me. Your words of encouragement and support and just knowing that I’m not screaming into the void, it means a ton. So thank you, as always, for being here. I’ll look forward to seeing you back around these parts tomorrow, but until then, stay hyper focused, my friend.
This Week On YouTube
These 3 Daily Habits Made Me A Millionaire in 3 Years
Whenever you’re ready, here are 3 ways I can help you:
1. Unleash your hyperfocused mind to dominate life, business, and everything in between? Here’s how:
→ The Hyperfocused Masterclass: the exact system I used to overcome ADHD, write 12 books, build 4 businesses, and acquire $70M of real estate.
There are a handful of spaces left in The Hyperfocus Masterclass for those who want to snag the early bird preorder special discount of $49.
Email anthony@anthonyvicino.com to let me know you want on the waitlist.
2. Learn to passively invest in commercial real estate with better returns, less risk, and zeo hassle.
→ Invictus Capital: my real estate private equity firm.
→ Multifamily Investing Made Simple: Top Apple Podcast.
→ Passive Investing Made Simple: Amazon Best Selling Book with 100 5 star reviews.
3. Want more like this? Check out these 3 popular articles from the vault:
