Earners versus accumulators

Some people think that the way to reach financial independence is to earn a lot of money through a high paying job or business venture that dishes out big paychecks every month. They believe that no matter how much they save one day they will be earning so much that they won’t need to worry about money anymore.

Other people think that the way to reach financial independence is to accumulate of lot of money through different investments that grow slowly over time with the proper attention and care. They believe that no matter how much they earn one day they will save so much that they won’t need to worry about money anymore.

There are way more earners that accumulators in our world today, but the accumulators are usually the ones who win. When it comes to how you think about reaching financial independence it literally pays to be in the minority.