When you’re thinking about money, it’s important to remember your goal. I don’t mean specific goals, like saving for a particular item or retiring at a certain age – although those are important to keep in mind too. I’m talking about the ultimate goal – to have more money. Having more money is really very simple when you break it down – it’s not complicated at all. There are two ways to have more money – either make more, or spend less.
That’s it, there’s no secret formula to having more money at your disposal. No matter what your goals are, you need to focus either on making more money or spending less money. If you can do both, then kudos to you! Of the two, making more is the difficult choice for most people. If you’re an average American, then you probably work a 9 to 5 ( or 9 to 7 more likely ) and earn a set salary. Some folks may get overtime, but salary is becoming more and more common. That means that making more money involves either a promotion or a new job – something that isn’t always feasible.
Since making more is out, spending less is in. Or rather, spending more wisely. You need to start making decisions about what you need versus what you want. If you really want to have more money, then that means you’re going to have to spend less. If you spend less, then you’re going to have less stuff. And the stuff you do have probably won’t be as fancy and expensive – and that’s ok. But when you learn to spend less, and you have more money available, you can start proceeding to your real goals – whatever they are.
