Hi all,I hear people say all the time "I want more money..."
Yeah I know, but don't we all...?
So here's the deal!
Many of us (and I have been doing this plenty) just spent way more than they should be.
I think it's sensible to save at least 10% of what you earn in order to build financial muscle over time.
So a lot of us are spending almost every cent they earn for various reasons, which will never result in any sort of wealth of course, so in order to change that we all need to make it a natural habit to spend less that what we earn ( yes, that includes afterpay and your credit card too ).
Once this habit has been successfully established you probably still want more money.
What's the easiest way to have more money?
SPEND LESS OF IT, AND KEEP THE REST!!!
Sounds cheesy right - but it's true!
I remember going for lunch to that Thai place up the road with workmates relatively regularly, until I tallied up what I'd spent the last month (no wonder the shop owner was excited to see us nearly every day)
I'd spent about $300 on lunches that month!!!
That over the course of a year would mean that I would've spent $3600 on lunches with my mates.
A fair chunk of dough, right!?
Put that money aside for a rainy day or invest it in whatever, a stock portfolio, ETF, or maybe to pay for your well deserved holiday!
Now I'm not against going out for lunch and other pleasantries, but you might want to think about what you spend your money on, because after all every dollar you spend equates to an amount of time you spend working for those dollars - it's up to you to decide weather that lunch every day is worth that time.
This is merely one example among many others, but you get my drift.
If you think about what you spend your money on and ask yourself weather it's really worth it, you may find yourself a lot better off after some time.
And home made sandwiches have their own charm too...
Please leave your ideas, questions and comments below.
Until next time - be awesome!
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