Live Below Your Means

Now, this might sound simple, but it’s a big one. You can’t get rich if you’re always spending more than you earn. The wealthy live frugally—at least in the beginning. They don’t blow money on things that don’t bring value. You need to delay gratification, build your wealth first, and then enjoy it later. It’s about long-term thinking. Play the long game. Instead of buying luxury items or flashy cars, they prioritize investments that build their wealth. This approach requires long-term thinking and discipline. The rich don’t get distracted by short-term pleasures; they stay committed.