YOU ARE A BUSINESS!!!
You are a business, people pay you an hourly rate to do them a service. In providing this service you incur expenses such as rent, entertainment, food, clothes and general expenses. That without the business would cease to exist. You must save some to reinvest, generating more income in the future.
Enough will give you the freedom to buy independence to stop work and feed on the fruits of your investment. If you want to succeed you must gain knowledge by reading books and studying business. Having a plan will enable you to see the future rewards that today’s sacrifices will bring.
Big money is not made by working for someone else. There is nothing wrong with burrowing money, just so long as the income generated from it exceeds what it costs. Renting and investing can be better in the long run for the future because the money you can make will pay for your first home easier. Don’t get fooled into thinking it’s an age for retirement.
- You are a business.
- You can become financially independent.
- Set yourself a wealth target.
- These are the most common reasons why most people fail to achieve financial success.