Becoming Wealthy or Being Cheap? Or Both?
Are you taking actions toward becoming wealthy or are you actually just being cheap, likely never to get truly wealthy? And what’s the real difference? As Ramit Sethi often talks about on his blog, I Will Teach You To Be Rich, cutting out a few expenses is not going to dramatically change your financial future. In fact, if you ordered a tall latte every day before work for a year, it would cost you about $1,000. That sounds like a lot of money, but what if, during that same year, you started a side business that generated an additional $10,000 in profits?As my nifty graph shows above, the difference maker was not those negative lattes, it was the positive business income. Becoming wealthy is often
Read More