#201 - Why You Should Spend 5x Your Budget on an Engagement Ring

**Sam Parr** (0:00)
All right, there's this amazing book called Getting Everything You Can Out Of All You've Got. I read it a few years ago and it changed my life.
And the reason I loved it was because it basically talks about how to get and make more money using things that you already have.
Coincidentally, today's podcast is brought to you by Business Made Simple. It's a podcast by Donald Miller, who I'm going to tell you about in a second, but he has this amazing episode that's all related to this book and the things that I learned in this book. It's called How To Make Money With What You Already Have. It's an incredible episode. It talks about all the stuff that I learned in this book. The host is Donald Miller. I didn't know who Donald Miller was up until recently, but over the last 12 months, this is totally by coincidence. It was all separate people. They said you have to check out Donald Miller. He's amazing. So I'm happy that he's part of HubSpot's Podcast Network. You can check it out. Business Made Simple Podcast. It's where he coaches you on how to build your business like an airplane, where the cockpit is your leadership, the body is your overhead, the right engine is your marketing, the left engine is your sales.
You have to check it out. This guy's amazing. It's called Business Made Simple with Donald Miller.
I don't care if I only had $100,000. I'm spending $50,000 because this is the whole point of working really, really hard is spending my money on stuff that will make my family happy and they'll talk about forever.
All right. Welcome to the episode. We actually talked about maybe eight legitimately wonderful ideas. We talked about privacy startups. We talked about ghost.org, which is a WordPress competitor that we actually think is going to be a $100 million plus company. We talked about burrflow.io, which is a new business that just started like two weeks ago. That's quite interesting. What else did we talk about?

**Shaan Puri** (1:42)
We talked about IKEA Hacking, which is the art of suping up and upgrading your basic furniture into something dope using IKEA parts. And that little trend that might actually be something that you could build a little business around.

**Sam Parr** (1:57)
This is going to be an interesting episode because we actually rattled off a ton of stuff. It just went from thing to thing to thing to thing.

**Shaan Puri** (2:02)
And at the end, Sam tells you why you should be spending three times as much on your engagement ring as you're planning to.

**Sam Parr** (2:09)
Five times as much. I spent five times as much. And I don't regret it at all. And I actually think everyone should. So listen to the end. That's the...
That bit's at the very end at 54 minutes, I think.
Give it a listen. And also go and click that Subscribe button on iTunes and that Follow button on Spotify, because we're going to be launching some more episodes that are interesting next week.

**Shaan Puri** (2:27)
And go subscribe to the YouTube channel. We just had our first video that had a hundred thousand views on YouTube. So we're getting big over there. Let's do it.

**Sam Parr** (2:35)
All right, Sean, grab your iPhone for me. I'm going to talk to you about something, but first I'm going to show you.
So all right, go to your iPhone, go to Settings, type in Privacy and click Privacy. Type in Privacy.
And if you're following along on an iPhone, do this for me. This isn't like privacy. This is like a real thing. All right. Click Location Services and then scroll all the way to the bottom where it says System Services.

**Shaan Puri** (3:04)
Yep.

**Sam Parr** (3:05)
All right. After you click that, scroll halfway down to where it says Significant Locations. Do you see that?

**Shaan Puri** (3:11)
Yeah.

**Sam Parr** (3:12)
Click that. And it asks you for your password, probably.

**Shaan Puri** (3:16)
It just face ID'd me. All right.

**Sam Parr** (3:18)
All right. Now your latest location, it might say Vegas or Nevada or something. Click it.

**Shaan Puri** (3:23)
Yep.

**Sam Parr** (3:23)
So what you're going to see is...

**Shaan Puri** (3:26)
My precise location.

**Sam Parr** (3:28)
Your precise location is tracked forever. So since you use your phone, and you can clear your history, but you see how it's like tracking all your stuff.

**Shaan Puri** (3:38)
By the way, I clicked it. It says Arrived via a 27-minute drive. It knows exactly when I arrived and how I arrived.

**Sam Parr** (3:44)