What are your thoughts on "dress for success?" Is there merit to buying that $40,000 car to reward yourself for achieving your goals and a reminder if you work hard you have things of this luxury? Don't think people should spend more than 10-25% of their savings though.

I think that would be very personal, and based on one's values, goals, world view, etc. I think its important to acknowledge your own victories and milestones and celebrate that. But at the same time we live in a world where this can easily become a trap where you are constantly buying things to make you feel good because you work so hard and therefore you deserve it. It can also easily appeal to feelings of vanity and pride. So my answer would be yes, there is merit depending on who you are and what you want for your life, but I would say watch out to your motivations and make sure you are not making any financial mistakes.

Buy that 20k car and put the other 20k into kids college fund.

In Brazil we have a situation where the best universities are public. So my kids will probably not have to pay for college education, unless they decide to go to a foreign school.

I wish in the states they taught more of these financial advice starting at a young age. America is ironic with one of the richest countries and also one of the highest homeless population as well.

There is a famous government propaganda here in Brazil that says "A rich country is a country with no poverty" and I gotta say that makes a lot of sense. Saying your country is rich because there are a few billionaires making 80% of the wealth doesn't seem very accurate when referring to the whole country.

They call me Jonny Greiko.

Friend of mine does this. Also only records cash outs on some poker clubs he plays, doesn't track day to day results or anything. One of the best mental games I've ever seen. I used to or rather still do have a mental leak on trying to have a "perfect graph" or keeping a "winning streak" alive! Trying to avoid high variance plays because I want a winning day! When all that matters is your overall journey. Not looking at day to day results I've only done once in my journey for about 3 months, would only check weekly. When my session was over, would just log off and go to the gym or whatever the next daily activity was. Some days I for sure thought I lost and I won, other days thought I won and I lost. But your advice on only checking once in a while is very helpful! Did this a little bit when I used to play SNGs. Figured I wanted to make around $5k a month and was playing $16 SNGs with a 10% ROI at the time. Would keep track of playing 100 games for the day, once I finished all 10 games, my day was done. I knew by the end of the month I would be up roughly $5,000. Didn't matter if I won or lost at the time, I looked at it as I won $160 for the day even if I was +$500 or -$500. Long run netted same amount.