Being Well-disciplined w/ Money

Being well-disciplined with money isn’t just an important trait for entrepreneurs, but people in general. I see it all the time where people go out of their way to spend large sums of money or have improper money management skills. Many people don’t know how to invest, save, diversify, or be frugal and wise in regards to how they are spending.

The key is that the best investments are centered usually around where you see your money grow. Leisure comes way down the list. People seem to be spending in ridiculous stuff like coffee they can make at home, memberships they don’t use, tons of vacations, etc. Lots of the people trying to live luxurious lifestyles than don’t have money for the stuff they need. You have another side to the spectrum where the super rich end up burning through money at an accelerated rate until they are bankrupt.

If you want to be great with money, regardless how rich you are, you need to learn not to be unwise with it.

Disclosure: Please keep in mind, everything I say is on an opinion based basis. This is not meant to be taken seriously or as actionable financial advice. Do your own due diligence and any trades you do is at your own risk. We are not responsible, proceed with caution and we are trying to voice an opinion not meant to warrant action. This is solely meant to be viewed as a non actionable opinion not meant to be taken as seriously or as a form of actionable advice. Also keep in mind the jurisdiction, rules and laws for certain forms of trading depending on the country you are in.