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Another answer that seems glib is, "spend less than you make." Much like the "secret" to weight loss (expend more calories than you consume), it is neither fun nor glamorous. Yes, there are exceptions to these rules: the financial playing field is not level, and some people have health issues, I get it. Yes, an injury or market crash can gently caress your financial poo poo up. But in general, if you make decent financial decisions (don't buy a brand new, expensive car on credit) and spend less than you make, eventually you should be able to stack up a couple bucks. There's a book called "The Millionaire Next Door" which runs statistics on financial data of folks worth more than $1,000,000 and shows you the patterns in their behavior. It's a great read.
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Dec 2, 2016 22:17
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| # ¿ May 2, 2024 06:24 |
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