Why 99% of People Will Never Be Rich
Wealth is more than money
“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.”- Edmund Burke
Over the past couple of years, I have begun to realize that most people's understanding of wealth is wrong. We often assume that in order to get rich, it is important to make more so we can spend more. A promotion at the office means a raise and a new car or a lucky investment means a wardrobe change.
But if I make $600,000 per year and spend $600,00 per year, am I actually rich? This is where most people fail. You shouldn’t be asking yourself “how can I become rich?”. Instead, you should be asking “how can I make the most and spend the least?”.
The truth is, real financial freedom isn’t the ability to spend. In fact, it is an opportunity to make life choices that lead to happiness backed by a comfortable savings cushion.
Wealth is more than money. It is a series of learned strategies and behaviors.
If you need a mansion and expensive material possessions to be considered rich, chances are my advice will not be what you are looking for. But if you're looking to establish a…
