Believe Me, You Don’t Want to Save to Afford a House or Invest in the Stock Market
Here’s what you want to do with your money
A cheap lifestyle means you are weak.
Sure you can do the laundry by hand and save money. But does it pay off when it takes 3 times as long?
By handing your laundry over to someone else to wash, you can use this time to earn more money.
For many, saving at any cost is no joke, but a means to an end. It allows them to reinvest more in the stock market. Or to buy a house.
From my point of view, it is smarter to think about how I can earn $100, $500, or $1,000 more per month instead of spending every penny.
Saving is good. That is out of the question.
At a certain point, it makes more sense to focus on a higher income. The key word here is to optimize.
Anyone who wants to be rich usually can’t do it with extreme savings. The only way I know of is to increase your income, educate yourself, become an entrepreneur and thus increase your own income potential.
I don’t know any millionaire under the age of 30 who has achieved the status of an extremely saving person.
Have an expensive lifestyle
You set your own limit.
This is why you can set high goals for yourself. I never thought that in my 20s I would be where I am today. Having my own online biz and working remotely. I have geographical freedom. Financial freedom is just a joke from money blogs. It is not true.
If you are pessimistic about your project from the start, it is doomed to fail.
If you let statistics tell you that only 5% are successful and the other 95% are not, then you will not succeed.
Don’t let those numbers take the wind out of your sails, whether it’s about finances, love, or anything else.
I was once told the following: The amount of courage in your life correlates with your quality of life.
Since you spend little, you also need fewer assets to live on passive income, such as dividends. Those who live a simple lifestyle should do so because they want to. And not because he wants to put a financial squeeze on it.
Similar to losing weight.
Those who pursue a cheap lifestyle for the sake of money are wasting a lot of time. Money is a means to an end. The energy you spend on reducing your expenses you could spend on making more money.
A cheap lifestyle means you are weak
Many who love the cheap lifestyle are just in a phase. Because when the children arrive, one or the other will have to move away from the cheap lifestyle. Or they will reorient themselves.
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