Frequently we tend to look to all the nice things we can buy with our money. A new car, an appartment, a new watch and so on. But what if we look at what else you can do with this money?
An unexpected method to earn money is by not spending your money. If you don’t use your money for purchases you can use it to invest. Every bit of money you invest has a potential to increase in value in due time, compared to your normal purchases that only decrease your buying power.
The gratification of wealth is not found in mere possession or in lavish expenditure, but in its wise application. – Miguel de Cervantes
It’s really simple to pretend to be rich. Just get yourself the newest I-phone or get the airpods. For a lump of money people will think you are rich for a whole second. They may even fake you in believing that it actually matters for them, that they are interested in the fact what you can buy. In all honesty people don’t care what others are able to purchase or that they have.
To achieve greater flexibility in your finances look at your purchasing pattern. The lower amount that you spend the more you “earn” by allowing yourself to invest your money. Another important part about not spending money is to avoid borrowing money. When you borrow money you are able to only spend a little money now for a purchase that you are paying back in time. If you can avoid borrowing you can start applying your money in other ways.