Getting rich is fun. There are so many paths, and it really all comes down to the choice to become wealthy.
You choose to get rich, plain and simple.
Somewhere on this road to financial independence is the choice to spend less than you make. Unless you’re Mark Zuckerberg and become a billionaire overnight, you’re going to have many of the same decisions that millions of millionaires have taken before you.
One of these is dealing with peer pressure to spend, from both your friends who are debt slaves and the ones who are high-income earners, with little to nothing to show for it.
Even as you build real wealth, accumulating assets, and cash-flow, you will be surrounded by people who make much less than you, but drive nicer cars and live in bigger houses. There are also many high-income earners who act affluent, but have very little net worth.
Here in Texas, there is a saying for these high-income earners with zero net worth: “all hat and no cattle.” The temptation will be there to flex your own brilliance and try and keep up with the spenders, but always remember why you’re being prudent.
The decision to become rich isn’t so we can stare at our bank statements or have the biggest house on the street – it’s to buy your own freedom. Money equals options, time, and the freedom to do what you want.
President, FutureMoneyTrends.com
