Mind over matter!! Love the idea that saving money really doesn't have to be in conjunction with how much you earn. If you believe you can save money and work on that, not only will you start saving but chances are when/if you earn more money that foundations are already in place!
Ben, we moved to an apartment in the city center last year. The rent costs us an additional $500 a month. It's affordable. Some would call that 'lifestyle inflation'. I say our comfort level soared and led us to grow our income (after moving house). It's like you have to 'experience' wealth to realize that you have enough for a comfortable existence. I didn't plan it this way but was positively surprised by the result.
It is the same simple truth as in The Richest Man in Babylon by George S. Clason. You can start saving no matter what your income is, but it requires an optimistic view of your financial future.
Mind over matter!! Love the idea that saving money really doesn't have to be in conjunction with how much you earn. If you believe you can save money and work on that, not only will you start saving but chances are when/if you earn more money that foundations are already in place!
Ben, we moved to an apartment in the city center last year. The rent costs us an additional $500 a month. It's affordable. Some would call that 'lifestyle inflation'. I say our comfort level soared and led us to grow our income (after moving house). It's like you have to 'experience' wealth to realize that you have enough for a comfortable existence. I didn't plan it this way but was positively surprised by the result.
This is so fascinating. Improving my money mindset is definitely one of my goals over the next few years.
It is the same simple truth as in The Richest Man in Babylon by George S. Clason. You can start saving no matter what your income is, but it requires an optimistic view of your financial future.