All the things I wish I knew sooner about finances & credit from each level I've been at. Also my tricks on a few things to maximize credit card points for free stuff. Very honest takes on debt that hurt, but help. Substack: https://substack.com/@leoskepi?utm_so... Social Media: https://www.instagram.com/leoskepi https://www.tiktok.com/@leoskepi https://www.snapchat.com/add/leoskepi Merch: https://leoskepicollection.com My App Positive Focus: (Apple) https://apps.apple.com/us/app/positive-focus/id1559260311 (Google) https://play.google.com/store/apps/detailsid=com.positivefocusapp&hl=en_US&gl=US&pli=1 Business Inquiries: [email protected]
What is the focus of Leo's financial journey?
Hi friends, this is the finance episode. Everything I've learned the hard way about money and all my little tricks around everything to do with finances. To preface this, because some people are going to get real upset because I don't play by the book. Life has never played by the rules, so I learned to stop playing by them.
I'm not going to be talking about anything illegal, but I'm going to talk about all of the things from my financial life, from being broke dick to being where I am now, chilling, doing great. So this is not me telling you what to do, kinda, but this is everything that I do and have done from the start to now. And this is everything I wish I knew sooner.
Fixing bad spending habits and bad financial habits is harder than quitting drugs. From my own personal experience, I don't know what it is. Getting money right in your head is harder than quitting a substance. And I'm talking a lot of different ones, not the crazy, crazy shit. I ain't never been under that. But finances are no joke.
And it's so much more emotional and so much more stressful than people think and like explain online. So I'm gonna tell you like from the core of it, And also help you with the emotional pieces of it. Because it's a pain. It's a weird comfort. Bad spending habits and bad relationships with money is a comfort. And for me also, money and food... The way that I approach each one mirror each other.
So my eating habits got better when my money habits got better and it went the opposite way too. The better I got with money, the even better my relationship to food got. It's a weird thing about restriction and when to spend, when to eat, when to not, you know, when to save, all that shit. So let's do this. Let's jump into it. I made a big list of everything.
So we have like five areas I'm gonna hit. I'm gonna talk about debt first. I'm gonna be real with you and I'm gonna hit you in the chest a little. It's okay, you be fine. Then we got budgeting, saving, how I use credit cards and the points on all of them to get a bunch of free shit. And then I'm gonna talk about investing.
Because I'm not the type that wants to invest into all this S&P 500 and retire when I'm 60 and be rich. I want to be rich now. When I was 24, I was saying that. Now that I'm 26, I'm great. I got rich before my 50s. So this is not me telling you what to do. Like I said, it's just what I do. But anybody who knows more than me, comment and tell me.
If you know more things I could cheat around and get around, tell me. Let me know. Okay, first section is debt. I'm mainly going to be talking about credit card debt. If you're in credit card debt, quit. You broke. Credit card debt is the one thing you can't be playing with, and you should never carry a balance on a credit card.
And the reason a lot of people feel comfortable doing it is because they don't understand interest. So with your credit cards, if you have $1,000 statement and you owe $1,000 at the end of the month, If you pay off 900 of it, you're like, oh, okay, cool. I paid off 900. I'm only going to pay interest on the 100. No. Credit card companies charge you interest on the amount on the statement.
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