#30 Run Your Finances Like A Business?
Ever noticed how your wallet behaves a lot like a small business?
From impulse spending to spotting undervalued opportunities, this week’s reads feel like a crash course in running You Inc.
There’s even a strategy in treating your brain like a monetizable asset.
Scroll on — this issue is full of aha moments and money moves.
I need to set the record straight from my last issue.
I wrote:
“A month ago, I placed a bear call spread on a stock. I sold a call at strike $105 and bought a call at strike $100.”
That was a slip on my part. It should have been:
“A month ago, I placed a bear call spread on a stock. I sold a call at strike $105 and bought a call at strike $110.”
Apologies for the mix-up! I've since corrected it.
Options can be tricky enough without me adding typos into the mix. Thanks for rolling with me—I’ll make sure the details stay sharp for you.
What Selling NFTs Taught Me About Building Wealth
When I first started poking around different income streams, one of the rabbit holes I fell into was NFT trading.
NFTs—aka “non-fungible tokens”—sound super fancy, but really they’re just unique digital assets: images, music, videos… basically things you can’t physically hold but the blockchain promises you “own.” (Kind of like bragging rights on steroids.)
Through a trading community I’d joined, I managed to snag a few free “mints”—that’s early access to claim an NFT for free.
You’d realise by now that I like being part of communities because they accelerate my learning.
Instead of grinding it out alone and wasting time, I get to learn from others’ wins (and mistakes), which fast-tracks my progress.
Time is a precious commodity—once it’s gone, you can’t get it back. Here’s a little secret: I actually started trading and investing much later in life.
So yeah, no time to play the lone wolf—I’m basically sprinting on the financial treadmill trying to catch up!
Anyway, back to the free NFT. Imagine being first in line at a buffet, except instead of fried chicken, you get a JPEG with... questionable resale value.
No matter! Since they were free, I sold a couple of those freebies on OpenSea, the NFT trading place.
But before I figured that out, I was basically swimming in the actual open sea—trying to learn everything from scratch: how to buy and sell NFTs, where to list them, how crypto wallets worked, and why “gas fees” weren’t about my car.
After that learning curve, I managed to sell my free NFTs, pocketed a little change, and thought, hey, this isn’t bad.
So naturally, I reinvested… and then, well—the market decided to take a 'I-don't-know-how-long-it's-gonna-take' nap. Honestly, I’d mentally filed the whole NFT thing under “fun but failed experiments.”
Then, two years later on one random morning, I checked my wallet. Boom!—one of my NFTs had sold for $1,522.19.
Talk about passive income… or in this case, “forgotten income.”
I hadn’t gone in expecting to get rich. I just wanted to see what all the hype around minting and flipping was about.
Some folks did hit the jackpot though—like the guy who became a millionaire selling NFTs of his selfies. (Yep, scroll down to the Wealth Whiz section for that gem.)
For me, the real win was the lesson: sometimes what feels like “just a JPG” can surprise you.
It’s proof that if you stay curious and experiment a little, money can come from the strangest places.
Kind of like life, isn’t it? You never know what surprise is waiting until you take a chance.
Go on—peek into my Wealth Vault. You might just uncover a hidden gem!
A daily Bitcoin-only newsletter that cuts through the noise, giving you the most valuable insights to help you take control of your financial future.
Should You Run Your Finances Like a Business?
📊 Thinking like a CFO can change your money game. Budgeting, forecasting, and tracking returns aren’t just for corporations — they work wonders at home too.
How to Cure Shopping Addiction If You’re an Impulsive Buyer
🛍️ Swipe less, save more. This guide offers real tips to curb emotional spending and take back control of your purchases (and your peace).
The Safest Brokers for Trading in 2025
🔒 Want to trade without fear? Here’s a roundup of the most secure brokers right now — including the ones that keep your data and dollars safe.
Monetize Your Knowledge Like Justin Welsh
🧠 You already know something valuable. This breakdown shows how to turn your expertise into income through personal branding and digital products.
Finding Undervalued Properties to Flip
🏠 Deals are out there — you just need the right lens. These smart (and scrappy) tips can help you spot hidden gems before anyone else does.
Stay ahead of the markets. Get The Early Bird in your inbox every morning at 7:00 AM and never miss the stories that move stocks.
🎬 GLENGARRY GLEN ROSS
A gritty, intense look into the cutthroat world of real estate sales, where desperation and pressure push salesmen to their limits. Featuring a powerhouse performance by Al Pacino, whose fiery intensity perfectly captures the brutal stakes of the game.
📉 The Big Idea: When the boss offers a high-stakes contest—sell or you’re out—the team turns into sharks fighting for survival, exposing the raw and ruthless nature of sales.
📊 Why It Matters: It’s a powerful reminder of how high-pressure environments can bring out the worst—and sometimes the best—in people.
🔍 Action Step: Keep your ethics strong even when the heat is on. Sales success isn’t just about closing deals, but how you do it.
🔥 Hot Take: Al Pacino’s electrifying performance makes this movie both terrifying and unforgettable — you’ll never look at salespeople the same way again!
Selfie-Made Millionaire: When Consistency Pays in Pixels
You don’t need a business plan, just a webcam and five years of commitment.
Turns out, showing up every day—even with the same face—can mint more than just memories.
Before you dismiss your daily routine as boring, remember: someone turned 1,000 selfies into $1 million.
The real flex? Turning ordinary into opportunity.
When I first started managing my money like a tiny business, I stumbled more times than I’d like to admit—think spreadsheets that looked like abstract art.
But those early mistakes taught me that wealth isn’t just about how much you make, but how wisely you steer the ship.
That’s exactly why I created Wealth Potpourri: to share the map I wish I had.
P.S. Some links in here are affiliate links for tools and wealth-building products I personally use and love. If you snag something through one of them, you'd score a sweet deal and I'd get a perk—at no extra cost to you. Thanks for helping to keep the potpourri fresh!🍃