Mental trick I recommend: You don’t have $8M - you own a business that lends money to people. Your business gives money to various companies through financial v

Mental trick I recommend: You don’t have $8M - you own a business that lends money to people. Your business gives money to various companies through financial vehicles called ‘index funds’, which ensure that your loans are distributed across many different companies. The businesses use this money to fund their ventures, and are happy to pay you some money for the access to this capital. Your business is quite successful, earning you (.03 * 8M) = $240,000 per year. If someone else saw your balance sheet, they may be willing to pay you $8M for access to such a lucrative and easy-to-run business! Thinking this way allows you to spend the money however you want. Want to buy a Lamborghini? Go ahead! Use your $240k salary to finance your new car, just like any other normal person. But NEVER mortgage or sell any part of your amazing business just to buy a toy.