Here's a thought that hits different for anyone managing their portfolio: spend boldly on the things that genuinely matter to you, but go absolutely ruthless cutting costs everywhere else.

Finance educator Ramit Sethi breaks down this wealth-building principle perfectly. Most people get it backwards—they penny-pinch on things they love while hemorrhaging money on stuff they don't even care about. That's backwards.

Think about it in crypto terms too. Are you throwing money at hype coins that don't align with your strategy? Or are you strategically allocating capital where it actually makes sense? Same principle applies to your entire financial life, whether it's your trading setup, research tools, or lifestyle choices.

The confidence shift happens when you stop feeling guilty about intentional spending. You're not being reckless—you're being deliberate.