There are countless books, strategies and advice out there on how to get rich, save more, or retire comfortably. But without four simple words, no one would stay financially comfortable for long. Rich people know these four words, and I’m going to share their secret:
Live below your means.
The further below your means that you can live, the more wealth you can accumulate. Are clipping coupons, conserving electricity, etc. great ideas? Of course. Will you get rich by doing them? Probably not. Financially comfortable families might clip coupons, but they realize considerable wealth by buying the $150,000 house when they can afford the $350,000 house.
Truly living below your means requires never buying things you can’t afford. And being able to afford something means you can spend money on it and still have money left over for long-term savings, fun and Gli amanti dei giochi d’azzardo da casino hanno quindi la possibilita di scegliere tra tutti i tavoli classici pero rivisitati ovviamente in versione digitale nei best casino Online. emergencies. It’s not easy, but it can be done. Sure, you would rather drive a Mercedes than a minivan. But, are you willing to delay your retirement in order to drive that Mercedes?
Living below your means signifies something different for everyone. For some, it might mean living in a tiny apartment and rarely going out to eat. For others, it might mean forgoing the exclusive country club membership or taking less extravagant vacations. The key is to spend less than you make. Every. Single. Month. Sure, things come up, but budget for the unpredictable so that once all your bills are paid and unexpected expenses are accounted for, you still have money left over.
Who cares if you are still driving that %*^#@! minivan with the dented bumpers, gnawed handles (don’t ask) and apple-sauce-stained ceiling?! At least you are living below your means. Right? Right? And you, my friend, will have the last laugh. Albeit in the same minivan you are driving now.
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