Live below your means - Deepstash
Live below your means

Live below your means

Practice frugality and avoid lifestyle inflation. Millionaires often live below their means, saving and investing the difference to grow their wealth and secure financial freedom.

28

413 reads

CURATED FROM

IDEAS CURATED BY

karbatos

A deep thinker and a big enthusiast of technology.

Millionaires have a unique perspective on wealth management. Let's learn from their strategies and work towards financial freedom together! Share your thoughts and experiences in the comments. 💡💰

Similar ideas to Live below your means

Live Below Your Means

Live Below Your Means

Controlling expenses is fundamentally about choice and discipline. The ancient Babylonian principle teaches:

  • Necessary expenses will always rise to meet income unless consciously constrained
  • Every purchase should be evaluated by need versus want
  • Mai...

Live below your means...

Live below your means...

....not within your means. 

The only way to get ahead financially is to stay behind your own earnings power.

Frugality buys time

The relationship between time and money is this: When you spend less, you can work less. That means that frugality buys time. On a deeper level, frugality buys freedom - financial freedom, freedom from worry, freedom to spend your time as you wish.

There's a balance, and i...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates