When we are creating wealth, it's should be done quietly and not by showing off. Like it's important to look poor and quietly build the wealth in the background. People when they get a new job and starts earnjng, they syart to show off.
It might be because of the social pressure or anything, but a lot of people get into the habit of showoff and thus their financials doesn't stay good. They have to use the Credit Card to fund their lifestyle and thus get into the Credit Card debt. When their salary increases, their expenses also increases and this the cycle continues.
Instead we all should remove some amount from our paycheck and think that they never existed which can help us to save as well as we can start living below our means. I know we all have the urge to invest. Like in my case, I am fond of bikes and wanted to buy Royal Enfield but I am not buying. That's because my 6 year old Suzuki Gixxer is working great and I don't want to spent money on bike now.
And that's how we can reduce our desires and eventually create the wealth. It's depressing for some people to live below their means but again if you are not living below your means now then might be in future you might have to work more or might not have the money if you are not generationalal wealthy.
And that's why of your old mobile phone is working fine, then you don't have to chase the iPhone crowd. If you are in rented house and of everything is fine, you don't have to invest in your flat and so on. It's all the life choices we can make to make our future better. You can watch the video and let me know what else can be improved in it.
Discord Server.This post has been manually curated by @bhattg from Indiaunited community. Join us on our
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
Discord Server.This post has been manually curated by @bhattg from Indiaunited community. Join us on our
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited..
This post received an extra 20.00% vote for delegating HP / holding IUC tokens.
It is not looking poor, It's stay smart and financially aware.
Otherwise, I have seen dumb people spending borrowed money on luxury, that's what credit card misuse is.
❤️☮️