Staying focused on the health of your financial future with discipline and patience will eventually allow you to have the financial means to not be in need of anything, including the means to get the things you want! By taking care of what you need, which includes paying off debt and not accumulating more, along with the delayed gratification of your wants, will set you on the path to financial independence.
Something that you also should know is that the principle of living below your means doesn’t stop once you achieve your financial goals. Living below your means and the conditions in which you live are relative to one another. So, living below your means when your means are high affords you more, where living below your means when your means are low affords you less. As you grow your means, due to your diligent effort applied over time, so will your living conditions and lifestyle.
“Do not save what is left after spending, but spend what is left after saving.”
– Warren Buffet
Even the wealthiest people on the planet live below their means. That’s how most of them have become wealthy and the reason that they stay wealthy. I’m sure you’ve heard the expression – money makes money! Well, it’s true, but it has to start somewhere and that somewhere starts by living below your means. It’s a universal principle that can’t be ignored when it comes to building wealth.
Money is a tool, that when used the right way, can make you more money. There’s nothing fancy or sexy about it. It’s all about instilling good, small money habits over a long period of time from living below your means through focus, discipline and patience that will get you to the financial freedom you desire and deserve!
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