Learn more about moneyandinvestments with this collection
The value of hard work and persistence
How to stay focused on long-term goals
How to learn from failures and setbacks
The mere act of saving money by itself does not make one rich, or wealthy. Saving is not the magic sauce of retiring early and enjoying life to the fullest.
Wealth comes from investing. It is a direct effect of what we do with the money we save. Saving may well be the first step.
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Early Retirement can be summed up as:
Money Invested In A Purpose + Our Motivation = True Freedom
The key is to make the money work for you, not you working for money. One has to invest money, not just not spend it and feel as if everythin...
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Frugality cannot be the sole cornerstone of our personal finance strategy.
Because we can’t save more than what we earn and saving by itself leads to losses, due to inflation devaluing your money.
There is a natural tendency to spend the money we earn, instead of saving or investing. If we watch how rich people utilize wealth, we can learn a lot from them and change our financial mindset.
One has to invest money no matter how less the income is, choosing something t...
Our desire to achieve next-level money or to master, control and optimize it, can only be fulfilled by us, and it goes beyond just earning, saving and investing money.
Many of us try to find financial advice in blogs and books, hoping that the other person who has no c...
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