What diamond hunting taught me about saving money

A long time ago, in another life, I went digging for diamonds in Arkansas.

So there I am sifting through dirt in Diamond Crater state park.

The old fashioned way… with a bucket… a hand shovel and… water.

It was 120 degrees in the shade.

If you didn’t stop every 15 minutes to have a drink, you’d run a risk of dehydration.

And you couldn’t take your shirt off because… sunburn. Even me and my brown Indian skin was no match for the direct southern sun in the summer.

Never did find any valuable gems that day but I did learn an important lesson.

There are easier ways to create a fortune.

Probably the easiest is to simply save money.

It sounds almost too simple.

And it is.

A little each month and then… increase that amount each year.

Set realistic goals like saving up for a car or a vacation. And then… possible retirement or maybe enough money to start a small business.

This is what we did and… today… my wife and I save 1/3rd of our income.

We’ve been as high as 52% of income before but… that’s not always necessary (or desirable).

I don’t say this to brag but to demonstrate that it’s possible.

Saving $30,000 or $50,000 or even $100,000 is really not that difficult.

People who tell you it is are lying to you.

Getting to $1 million or more just takes time.

That’s it.

And it’s easier than combing a hot AF wasteland for diamonds or… waiting around for a lucky break.

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David Lewis

This post brought to you by //The Rogue Agent//. David has been a life insurance agent, and worked with some of the oldest and most respected mutual life insurance companies in the U.S., since 2004. Learn more about him and his business, here.

This post brought to you by //The Rogue Agent//. David has been a life insurance agent, and worked with some of the oldest and most respected mutual life insurance companies in the U.S., since 2004. Learn more about him and his business, here.