In this post we look at why you should not spend all your money every month and why you should not keep it either!
So what do you do with it if you are not supposed to spend all your money? You invest a portion of it first, before you use the rest for your “monthly expenses.”
Robert Kiyosaki said that the difference between rich and poor people is this: Poor people spend their money and invest what is left. Rich people invest their money and spend what is left.
Don’t spend all your money – Video thoughts
If you should not spend all your money, nor keep all of it, what should you do?
If you suffer from generational poverty, suffer no more. Just start right now to do it right. Don’t spend all your money. Find investments where your money is protected against inflation, or where it can grow much faster than inflation, or where it earns you profits.
Follow the advice given in this video on why not to spend all your money; then do your due diligence and take action.
Learn…discipline yourself to live of what is left. Compound that over the next 5-10 years and you would have broken free from any form of poverty.
To your happiness, health and prosperity!
~ Will Kilian
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Tags: being broke, broke, how to invest, invest your money, liquid assets, overcome poverty, spend all your money, stop being broke
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