I hear this phrase lately on the daily, “Turn Down for What”. By people who claim they are having a blast living life in a constant state of euphoric bliss aka a 24 hour party. Before the phrase, “turn down for what”, popped up all over the media, the opposite phrase (Turn Up) that means the same thing, and it was also mentioned by everyone who likes to party hard. I will give you and explain the Top 7 Reasons Why you Should Turn Down.
One thing that makes me laugh is that the people who made the phrase, “turn down for what” famous are the stars in TV / Radio personalities / Club DJ’s. They are brainwashing you to get you to promote this phrase for their benefit. Their motives for yelling this phrase and the last 5 phrases including YOLO, is to get the regular Joe to spend more money. This supposedly leads to a happier life for average Joe. I get it you want to live life to the fullest without any regrets, but believe me you will pay in the end if you keep yelling, “Turn Down for what”, while opening your wallet to live above your means. Going clubbing every weekend might seem like a great time, but believe me that is not the right place to meet the future husband or bride to be. Night clubs have the reputation as the place where singles go to meet other singles, but the basic flaw is that the likelihood for anybody finding a soul mate in night clubs is very low.
Top 7 Reasons Why you should Turn Down:
Future Business Opportunities
You’re Kids
Future Financial Freedom
Present Independence
Homeownership
Investing
Debt Freedom
Every decision you make leads to negative or positive results later. Do you think the people yelling Turn Down for what are making the best decisions now for their future? I don’t think so because it’s ok to party once in a while, but every weekend in my opinion is going overboard. Below you will see my reasoning behind how if you turn down you will save more.
Future Business Opportunities: The facts do not lie, and most business owners had to save up cash in order to fund lifelong dreams of owning a business. I hope you are not thinking that the local restaurant or grocery store owner just walked into the bank and said; hey banker I’m ready to own my business now with $0 dollars in the bank. That is just laughable and the less you have saved up, the greater risk you are for getting approved for a future business loan.
You’re Kids: When was the last time you read your kid a story, taught them something new or actually just took a walk? These kids are playing with your IPAD or watching TV for hours a week because you are too occupied sleeping off the buzz from the night before. People turn down for your kids.
Future Financial Freedom: The more you watch your money, the closer you are to retiring. Did you know that, if you can save 50% of your pay that you could retire in about 15 years? I know some of you still have favorable living situations at home so saving 50% is not far from reach. (Roommates, living with parents, Cheap Rent, Military)
Present Independence: By spending less than you earn now you can buy yourself the ability to achieve current money goals now. By completing the goals you are giving yourself present monetary independence. Saving up enough to finally move out, to finally begin investing, to finally avoid the paycheck to paycheck life, and so forth.
Homeownership: If you build the savings you will be able to buy a home early on and hopefully pay it off before you retire, doing this will help you lower future expenses. This will help you live life on your terms later, like traveling the world.
Investing: Living above your means is counterproductive to investing. Begin now by socking away a portion of income to begin the compounding effects of starting early.
Debt Freedom: Do you have credit card debt due to not minding your money? Well if you can sacrifice then you will avoid adding future debt. This will lead you to drop excessive payments to these credit companies and open up your cash flow for other wants and needs.
If you can’t see the advice I am trying to give now, maybe in the future you will learn from your mistakes. The final point is to live modestly today for living a life on your own terms later. I know I will and I will do it smiling while I travel the world. I hope you enjoyed the Top 7 Reasons Why you Should Turn Down.
Comment if you will Turn Down for a greater purpose.
Rich Uncle EL
That pic at the top is just precious =D
And I totally agree with you, I'd been a big fan of YOLO, still am but in reality it did end up raising my expenses and am doing my best to change that. I guess when your framework of living and decision making is "live for now" one is bound to make lots of mistakes that may be costly in the future and you point some of them out.
So yes, I Will Turn Down For A Greater PURPOSE!
Thanks for the comment, It's a bad cycle that younger generations keep making, unfortunately the same mistakes. If they can just press pause on all that stuff for a while to get affaris in order then they can party with no worries later.
Those are great 7 reasons to turn down. If you live below your means, you can start building your wealth and be debt free soon. Yeah you should start living modestly today for living a life on your own terms later
I agree and thanks for the comment. If they plan early, read blogs then they can avoid all the mistakes all the PF bloggers are writing about thus ensuring a better path for them.