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3 Things People Who are Good with Money *Never* Buy
Not all millionaires look wealthy
71
1K reads
MORE IDEAS ON THIS
People who live far below their means enjoy a freedom that people busy upgrading their lifestyles can’t fathom.
NAVAL RAVIKANT
86
951 reads
3. They don’t buy mansions they can’t afford
Millionaires invest only in affordable homes. If they bought a mansion they couldn’t afford, their savings would die, and soon their luxury would convert into their...
72
714 reads
A millionaire is a mindset, not a title.
Money is not a possession; it’s a feeling. If you understand the concept of money, you can be rich. Filthy rich!
That’s why most millionaires don’t feel the need to look rich. They internally feel rich instead.
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886 reads
Last Thoughts
So, being a millionaire is not about wearing branded clothes or traveling luxuriously. It’s also not about making your home a liability.
Having a million dollars doesn’t mean blowing it off on a white elephant.
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936 reads
It’s good to have money and the things that money can buy, but it’s good, too, to check up once in a while and make sure that you haven’t lost the things that money can’t buy.
GEORGE HORACE LORIMER
82
929 reads
1. They don’t blow money on luxury brands
Millionaires and billionaires are focused on making the best use of money and accumulating it rather than spending them on pricey designer gear that doesn’t fit their lifestyle and mindset.
Instead of purchasing branded products, many wealthy people choose to spend their money on education,...
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777 reads
2. They don’t spend a fortune on traveling comforts
If you think most people sitting in business class airplane seats are filthy rich, you might be wrong.
Even if they have the financial freedom to pay more, rational individuals prefer to travel modestly.
Finance experts know that buying old is the best value and that maintaining the s...
74
748 reads
CURATED FROM
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Understanding the concept of money is the key to being rich.
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MORE LIKE THIS
People who are good at self-control
- They actually enjoy the activities some of us resist (eating healthy, studying, exercising)
- They have better decision-making habits
- Some people just experience fewer temptations
- It’s easier to have self-control when you’re wealthy - when you’re poor, the future is les...
We are people with choices
As grown-ups, we have choices. We are not small children where we have to depend on our parents for everything.
We could work as a bus conductor or retrain as a psychotherapist. We could volunteer in an emergency shelter. We can throw ourselves into learning a new lan...
Choosing who you are
What do you value? Look outside of the limited confines of other people's narratives about you. You might not be an introvert or a slacker. Maybe you're someone who wants to live out loud and avoid the little tasks that make up a life. Don't look at your past failures to answer the questio...
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