In this article, we are going to examine why the “live within your means” mantra is now outdated advice that should be tossed in the trash can.
In your twenties, your future is too far away to think about and what is important is the “here and now.” Your financial habits are not great, as you will have probably maxed out your credit card, delayed any savings, and focused mainly on pleasure spending. Your twenties are the time to have fun, and
Fairness and Freedom are two contrasting, inversely proportional terms.
The more freedom there is, the less fair things are going to be and vice versa.
Wealth is not defined by how much possessions you have. Most of the things people keep around and use as a measure of wealth are indeed liabilities. Wealth is measured by time, not money. It is the number of days you can survive without physically working and still maintain your standard of living. In other
Prosperity is usually mistaken to be a life of financial abundance alone. While this definition is correct, there is more to Prosperity than having lots of bucks, cars or houses to your name. Wealth is just a part of it. What happens if you have Bill Gates wealth but at the same time you’re paralysed
If Money is a “river” of wealth, your Value as a person is the “source” from which the channel of river flows. Then, your network of friends is your “leverage”. You increase your wealth, not by pumping more water into the river, but by increasing the width and depth of your value or worth as
Last time I checked, Mark Zuckerberg was on Forbes’s list as the 5th Richest man in the world with a net worth of US$71.5 Billion – of course, he still is. ? How did he start? He discovered a problem and he set forward to solve it, even when it meant dropping out of Harvard
On Thursday, 3rd August, we received a shocker from the world of business and wealth! Amazon Founder and CEO, Jeff Bezos briefly dethroned Microsoft billionaire Bill Gates to become the world’s richest man for less than 4 hours, before settling back into 3rd place. That was a quick one if you ask me. Why is
Wealth is not necessarily the amount of money you accumulate in the bank nor the cash at hand. There is more to being wealthy than having lots of money. To my mentor, Robert, WEALTH is neither a goal nor the means to a goal, rather, it is “a measure” for financial survivability or how much