DiegoSantori
Senior Don Juan
- Joined
- Jan 31, 2015
- Messages
- 271
- Reaction score
- 106
Don't spend your money just because you have it. That's stupid. If you trade time for money, your money shouldn't be for consumable frivolities. It's not for designer clothes, or iPhones, or a Mustang GT. Unnecessary excess on depreciating assets is a poor business decision.
If you are wondering what to do with it you SHOULD SAVE IT AND INVEST IT until you have a clear answer.
Would you rather have a nicer car "because you can afford it" or a cheaper car, keeping your cards close, and 8/10 of that money you would have spent in investments? I know what I would rather have.
Money is your best bet to earn more money. Until you're meeting needs at such a high volume that money is available in excess, the little bit you do have, whether it comes from a job or a lucky break from somewhere, should only be spent one way. Buy something to meet the needs of others. Spend your money in a way that causes it to be multiplied rather than consumed.
If you pick up a dollar, and your first question is "What can this buy me?" rather than "Can this buy something worth $1.50, $2.00, or $5.00 to someone else?", you're thinking about money the wrong way, my friend.
If you are wondering what to do with it you SHOULD SAVE IT AND INVEST IT until you have a clear answer.
Would you rather have a nicer car "because you can afford it" or a cheaper car, keeping your cards close, and 8/10 of that money you would have spent in investments? I know what I would rather have.
Money is your best bet to earn more money. Until you're meeting needs at such a high volume that money is available in excess, the little bit you do have, whether it comes from a job or a lucky break from somewhere, should only be spent one way. Buy something to meet the needs of others. Spend your money in a way that causes it to be multiplied rather than consumed.
If you pick up a dollar, and your first question is "What can this buy me?" rather than "Can this buy something worth $1.50, $2.00, or $5.00 to someone else?", you're thinking about money the wrong way, my friend.