RE: It's Not About What You Make Its About What You Keep
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Well I feel there's this need to spend more immediately you make more money. But then your way of taking, reinvesting and taking less profit for spending is actually recreating. Not many people can go this.
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Indeed, there's a saying here, we have to spend the old money to make room for the new money which is the dumbest thing I've ever heard, but somehow becomes the justification for constant spending. Save your purchasing power, turn it into streams that make more purchasing power so you don't have to constantly go out and earn money and chase the carrot.
In a world where we all constantly chasing the next high, how about stopping the chase and let it come to you
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I always try to remind myself to be minimalistic in the way I spend even if the future promises things. But then your post here says one thing I know, wealthy people don't become wealthy by increasing their spending rate
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Lol, the world is one big marshmallow test, it's all about who can delay gratification most and once you jump that hurdle it how to deploy capital effectively. It may sound simple, just 2 steps but many fall at one or both