That's good common sense. It also can be defeating.
What I don't hear much of is, earn more than you spend.
How? Oh, I don't know,
- Start a business
- Get a better Job
- Develop better marketable skills
- Make investments that make good money
- Learn to make money from people who make money and quit hanging out with people who live paycheck to paycheck
I heard a guy say this 40 years ago and it still rings true today.
Earn more than you spend.
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