Wealth is what you accumulate, not what you spend
"If your goal is to become financially secure, you’ll likely attain it... But if your motive is to make money to spend money on the good life, you’re never going to make it."
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•Driven by Discipline, Hard Work & Integrity •Lifelong Learner •Believer in Hope and Positivity
Similar ideas to Wealth is what you accumulate, not what you spend
Temptation to spend
It is tempting to spend more when your income rises. But savings rely on the ability to receive an extra dollar and say: "I can spend this money, but I'm not going to."
Track every purchase
Write down whenever you spend money on anything. A spreadsheet can be used to track your spending.
The good life is easier to attain if you're able to budget for it, such as using saved money to buy books.
What Confidence Means
- It means not equating money with happiness, being self-assured, to understand that you cannot change the world but your response to everything you experience determines your happiness.
- It means being in control of your lifestyle, to be able to learn new skills, to understand that you...
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