I have recently thought back on some things I would have liked to have financially dealt with. Student loan. Down payment on a house. A better car. Mine is almost 30 years old and has 213K miles on it. I am hard on myself about it because I feel like I SHOULD be able to handle these things. I'm an adult and SHOULD be winning in these area.
I then think of where a lot of my money has gone over the years. Money to start Sloane. Money for a website. Money for a big inventory order. Money to take a risk on an up and coming influencer. Money for a legit photo shoot. ALL of that was necessary to keep Sloane up and going. I COULD have a nice car, but that would have come at the expense of something I needed for Sloane.
There is no way I could have had everything going. Too many needs and not enough resources. Welcome to the life of an entrepreneur.
I have a cousin who has his own restaurant in Dubuque, IA. The place is great and has been very successful over the years. He took me on a tour of the place. I was very impressed with the kitchen, traveling BBQ truck, fridge, etc. As they've grown the business they have had to buy new stuff to support the growth.
My cousin pointed to their huge new walk in fridge/freezer. He said that when many of his friends are buying new pickup trucks he's buying a new fridge for his business. A fridge. That statement stuck with me. I laughed about it at the time, but that is REAL. You cannot have it all. Sacrifices must be made and you need to understand how much sacrifice you are willing to make.
Do you want a car or a walk in fridge???