Mad Mad Money Feb 2017 | Page 20

Mad Mad

Money

ABILITY TO LIVE ON LESS THAN YOUR INCOME SITUATION
Well , in my mind , this is by far the most Moneygasmic situation to be in ! Think about it … no matter how much you earn , and how many multiple income avenues you have , and where you invest in , and the returns you get from there , if you are in the habit of living on more than you earn , then you shall constantly be hard-pressed and strangled in the debt network . The attitude , mindset or let ’ s say … lifestyle habit of living on less than your income is something that is worth cultivating , irrespective of your income . Take my word for it , this is perhaps the ONLY way to have plenty of income since as I said , no matter how much you actually increase your income in rupee terms , if you end up spending more than that , then you actually do not really have the income right ?
So as much important as the ‘ ability to search for ways to increase your income ’ is , or ‘ how to multiply your sources of income ’ is , the first and foremost Moneygasmic situation to aspire and work towards is the ‘ ability to live on less than your income ’. If you can manage to attain this , you will end up way richer , with more income to save , invest and spend and thereby , improve your and your family ’ s quality of life !
THE ATTITUDE ,
MINDSET OR LET ’ S SAY … LIFESTYLE HABIT OF LIVING ON LESS THAN YOUR INCOME IS SOMETHING
THAT IS WORTH CULTIVATING ,
IRRESPECTIVE OF YOUR INCOME .
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