“Do not save what is left after spending; instead spend what is left after saving.”
― Warren Buffett
Don’t you agree with me?
We’re afraid to be called troglodytes if we don’t spend on living a luxurious life. We feel inferior with inexpensive clothes and shoes. If we use public transport, we think we’re cheap, and with the two-year-old model of the iPhone, we feel outdated.
The Market is so organized to steal our accounts that it’s hard to protect our pockets. The salespeople are ready to split our heads into two parts: one makes us feel important, and another introduces an inferiority complex. We’re the distracted kids in the dreamland of shopping malls.
It’s our natural tendency to spend and save the little left with us, but if we want to create a safe and secure future, we must reverse our habit.
“It costs nothing to ask wise advice from a good friend.”
― George Clason
Make a habit of saving a significant portion of your earnings in keeping accounts, stocks, bonds, commodities, cryptocurrencies, and real estate.
Diversify your portfolio to reduce losses in volatile markets. Practice good risk management and develop a sound psychology of money.
Keep accumulating physical and digital assets that can pay you long-term. Avoid buying depreciating assets with heavy maintenance costs.
The best luxury is under the shade of an oak tree, working on the project you love to work on and at the same time enjoying the warm rays of the Sun detoxifying the body and the cool breeze nourishing the soul.
With freedom comes choice, but we’ve to pay the price. It will help if you commit to creating abundant wealth to produce enough assets to earn the money you need to achieve your freedom.
Financial freedom is not a choice. It's the necessity of the soul. Think about freeing your soul from the bondage of materialism.
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