I make myself rich by making my wants few

I make myself rich by making my wants few - Henry David ThoreauThe best way to achieve financial independence and gain your freedom is to attack it from both sides.

1. Improve your income sources.

2. Simplify your life to reduce your expenses.

It’s really hard to achieve this if you only focus on the income side. But, that’s what most of us do.

Better jobs

Raises

Promotions

And, yes, those are very important. But, it’s only half of the equation.

Unfortunately, when we make more, we tend to unintentionally spend more too. It’s easy to relax and let that happen. At least it was for me.

You’ve worked really hard, so you “deserve” that great dinner out, the nice car, the fancy vacation. You earned it!

But, I finally had to ask myself; “Is this thing that I want to buy more important than an hour, a day, a week, or even months of my life?”

The answer is almost always; No.


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