Spend Less Than you Earn

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Spend Less than you Earn-Forever!

Anyone can do it!

No matter your income level, spending less than you earn is by far the most important thing. We’ve all heard those stories about people earning millions of dollars a year going bankrupt. Conversely, we all know about the guy next door working at some average job who ended up dying with millions in the bank. The difference is that one guy spent more than he earned while the other one didn’t.

No Debt=Freedom

If you’re in debt, you’re not free and you never will be. The power of compound interest is working against you when you pay interest on your debt. But, if you work a “regular” job and spend less than you make, you can retire in style. Significantly less, you can retire in more style, or much earlier. And if you’re living off your passive income, by living frugally you can reinvest your extra money in the stock market and invest in your future. Be free and avoid debt. Frugal living is smart living. Avoid credit cards at all cost.

Spend less than you earn for the rest of your life and invest the difference wisely in broad market ETFs or dividend paying stocks. It’s simple, now just go do it!

The Book You Need

If you’re an English teacher, you need The Wealthy English Teacher: Teach, Travel, and Secure Your Financial Future. It’s the first and only personal finance book written specifically for you. Frugal living, investing, advancing your career. It’s the book you can’t afford not to get!

 

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  1. Pingback: It’s simple, but it works | Freedom Through Passive Income

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