We all know how mind-numbingly long it takes to make money. The time between paychecks feels like an eternity -even if your paychecks come just a few weeks apart. What’s even worse? The mind-blowing speed you get through your salary!
There are so many things we have to spend on, from the basics (food, electricity, water, WiFi) to the necessary luxuries (phones, laptops, clothes). We even have to spend in order to work (think transportation fees, meals and coffee).
But the cost of living doesn’t have to make you go broke. All you need is a little guidance and a lot of discipline.
According to The Millionaire Next Door only 20% of American millionaires come from wealthy families. The rest are self made. And one of the most common traits these self made millionaires have is frugality.
These guys don’t come from rich backgrounds, but because they knew how to spend their money wisely they were able to become what most of us only dream of being: millionaires. We can do that too! We can learn to be excellent savers and smart spenders. Remember, each wise investment is another step closer to financial freedom. So let’s go make our fortune!
Come back to the site every so often to learn easy ways to cut costs. It’ll be worth it.
In the meantime, here are 9 Smart Habits of Real Millionaires. Click the link for more info.
1. Start every day before sunrise.
2. Read every day.
3. Step outside your comfort zone.
4. Get 2 hours of peace every weekend.
5. Stay frugal.
6. Work while working out. (Multitask)
7. Never stop learning.
8. Stay motivated.
9. Do a good deed every day.