“Gold is the money of kings,
― Norm Franz, Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order
I have an entire adult life history of spending all my disposable income on stuff & fluff until I came across the silver stacking community on YouTube and until I convinced myself that a better way to use that income is to spend it on silver and gold and keeping most of it in cash.
The long and short story of my life: No savings and no emergency cash...
I don't know if anyone else was like mine, but my wallet used to have this large hole and money just inordinately drains out of it.
The reality: It is futile to fight the bad habit of spending.
Other people can do it, but for me personally, I can't change overnight. It will take me another lifetime and an enormous amount of time and much discomfort to break an ingrained habit of spending and buying things. I just know that I cannot do this!
The challenge: Substituting my craving for stuff & fluff for a desire for silver & gold.
I can't go for a month without buying something. So why not this... buy things of real value. Why not silver and gold? Why not buy real money?
The mind over matter game: Develop a love for silver & gold
How can I love something I do not know about? I must learn about that which I want to love.
I deliberately spent a couple of hours a day watching videos on silver stacking and coin collecting instead of spending hours browsing the web for shoes, handbags, accessories, and fluff.
The internet is a wealth of knowledge about silver and gold.
I learned that gold and silver are precious metals have real intrinsic value, and are in fact real money by definition, and that fiat currency is really not money.
As expected, my daily exposure to the shiny stuff via YouTube created a desire within me. Before I knew it, I wanted to buy silver coins.
And why not??? It makes so much sense! Buy silver and gold with fiat currency. You spent the money, but not really... because then you still have real money! Am I making sense?
It does not take a rocket scientist to figure that this is a fantastic deal and perhaps the best way to store wealth for an ordinary person like me. I CAN DO THIS!
Forcing a turning point: Action (and not plans) is that which bring about change
On Octber 2015, and as soon as my paycheck hit the bank and after determining what my disposable income for that month was, I spent half on silver bullion coins and US Constitutional silver and the other half I kept in cash inside a purse that I seldom use (out of sight out of mind, yes!). And there was nothing left to spend on stuff & fluff.
Slow and steady wins the race.
I really do not have much in disposable income a month. But I continued to do the same thing month after month: I bought a small amount of silver and fractional gold every month.
Be ahead of the game.
This was how I became a stacker of silver and gold.
If you are a stacker, how did you become one? If you are not stacking yet, why not?
Thanks for being here. It was great sharing with you! I hope that you like this post.