”Same House, Same Spouse, Same Car”. Sounds boring right? Well, while it may be just that, this intriguing conservative way of life may well be the key towards a wealthy one.
The message the articles tries to convey: Living below your means is one of the main ways towards riches. Sounds pretty straight forward, yet, it’s something not everyone is able to do, as many are caught out by Parkinson’s Law, which suggest that most people promptly up their lifestyle as their pay-check increases.
The message in the article contain an important lesson, as Thomas C. Corley found in his Rich Habits Study, that there are basically two primary ways towards getting getting rich:
- Pursuing your dream. This comes with great risk and sacrifice and is not for everyone.
- Live below your means. Save money and invest this wisely. With enough time you will become financially independent or even wealthy.
In Thomas’s study it turned out that 83% of self made millionaires chose path 2!
