Cheap people focus on price first. Frugal people focus on quality. One common denominator they both share is that they control how much money they spend.
A simple life is more than just owning less. It’s about having time and energy for the people that matter.
Spending all your money today because you might die tomorrow is reckless, selfish and not sustainable.
Debt feels like having to run 10 miles to get to the starting line of the marathon. It is impossible to get ahead.
Yes, life is difficult, and you might be unsure how to navigate your reality. Take baby steps and try and see past the darkness.
#15. Dad, do you think that it is important to maintain an image, even if you cannot afford to do so?
Maintaining an image that your income cannot support goes against being authentic. You cannot pay your bills based on how you appear to be.
COAD: Money does not equate success. Money can be a wonderful thing, but without good health, family, friends and gratitude, it is completely worthless.
Wealth = Purpose + Simplicity + Happiness + Value + Time.
Saving money goals boil down to 3 main things.
i. Pick a goal to save up for
ii. Create a separate account to put that money in
iii. Start saving for that goal.