These day it’s impossible to go to the movie theater without encountering a superhero movie…not that I go to the theater. Who pays those prices anyway? Remember, I don’t pay retail!
Anyway, superhero movies are really popular right now. Almost too popular!
Did you ever notice that all these movies have something in common — all the heros have a special power that sets them apart from the common man. That’s it. Other than that one power, they’re just regular people.
This unique superpower dials up the hero-factor to 11, and allows the superhero to vanquish the forces of evil…in every movie! You’d think the bad guys would learn…
Of course, we all know superpowers like we see in the movies don’t really exist. But what if they did?
What if there were other kinds of super-abilities that could help us vanquish financial evils like debt, consumerism, jobs, overpriced delivery pizza, poverty, and financial hubris?
I’m talking (of course) about financial superpowers! The abilities that set you apart economically from ordinary humans, allowing you to push your financial net-worth into the stratosphere!
Don’t think they exist?
Just look at the financial superpowers of other personal finance bloggers: The Bike Rider, The DIY Flipping Master, The Super Option Trader, Super Frugal Homesteader, The Real Estate Master, The Credit Card Reward World Traveler, and the Guy Who Has Three Kids and Hasn’t Lost His Mind. Just to name a select few.
Those personal finance bloggers all have special financial superpowers!
What kind of skills or abilities qualify as financial superpowers? Nearly anything that will allow you to earn more, invest better, or save yourself money.
Here’s some super examples:
- You’re great at creating profitable side-hustles to earn extra income.
- You cook 4-star meals for a one-star price, keeping food costs exceptionally low.
- You are an excellent stock trader, and earn exception returns on your money.
- You ride a bicycle everywhere, and save money by not using the car.
- Your understanding of personal finance is so good, people pay you for financial advice!
- You live and dream in spreadsheets. Budgeting and projections are your thing.
- You create your own clothes from reclaimed fabric.
- You go on multiple international vacations a year (for nearly free), entirely from credit card rewards.
- Your home is heated during the winter with wood entirely chopped by hand.
- Your gardening skills are so good, that not only can you live off what the garden produces, you also sell the excess!
- Your home is furnished with hand-made furniture you built from scraps and pallet wood.
- Your rental real estate properties consistently earn returns that exceed those of the stock market.
- You’re so good at using coupons the supermarket actually pays you to take the food away.
By no means is this a definitive list. The possibilities are nearly endless! Come up with your own financial superpowers and share them in the comments!
Why Financial Superpowers Are Better
But what if you don’t have any financial superpowers right now? What if you’re entirely ordinary and only have ordinary people finances?
Well, you’re in luck. Financial Superpowers are better than movie superpowers. Unlike movie superheroes, none of these super-powers require you to be born with them. You can learn any (or all) of these financial superpowers!
Eventually, with time, practice, and a handful of financial superpowers, you should be able to conquer almost any financial evil that comes your way!
Having good finances isn’t about being lucky and getting a high paying job — It’s about having the financial abilities to give bad finances a beat-down when they need it, and improving your financial position. Day after day, bit by bit.
Over time, as you refine and acquire more of these super-abilities, getting your finances into financial-fighting-shape gets easier. Eventually you’ll be a lean, mean, financial machine. Debt and overpriced-delivery-pizza won’t stand a chance!
My Financial Superpowers
The fun part about writing this post was thinking about my own financial superpowers. What abilities (or behaviors) do I have that set me apart from other humans financially?
While I never earned a really large income, one of my biggest financial superpowers was my ability to be happy with less. You don’t need to earn much, when you need very little to be happy. I ended-up avoiding unnecessary things like high-cost cell phones. In fact, I always manage to find ways to do things for free or very little.
While I don’t consider my cooking super-powered yet, I am trying to improve.
When it comes to investing, I’m starting to develop some ability there too.
At the very least, I’ve had loads of practice, made plenty of mistakes, and learned what not to do when investing. I’ve also had a number of really big successes over the years that pushed our net worth over $2m. Will this success continue? Have I developed an investing superpower? Keep following the blog to find out!
For All Those Talentless Hacks
OK so maybe you look at yourself and think “I don’t have any financial superpowers”. That’s OK folks. There is nothing that says you can’t develop one.
A financial superpower isn’t something you just decide to have.
Remember Malcolm Gladwell’s book “Outliers“? It takes around 10,000 hours to really build up a skill to the point of expertise. Having a financial super power means you’re more than just an expert — it means your a super expert. Don’t go expecting to build up these powers in a week, it’s going to take years.
What? You thought this was something you’d finish over the weekend? Honestly?
Don’t feel discouraged though — My advice is to never think you’re ordinary. You’re not doomed to a life of financial mediocrity because you currently lack financial superpowers.
You might be a financial superhero and don’t realize it yet! Your powers could be right on the verge of escaping your mortal shell! You just have to do the work to set them free!
Find your financial superpower. Capitalize on it. Improve it. And be far more than financially ordinary.