About this ebook
Pinching pennies and living life cheaply can do more damage than good. Protecting your money at all costs prevents you from learning how to create money.
The true path to wealth is having your money make money. Trying to save a couple of pennies on each transaction only leads to hate and discontent.
Even if a cheap person amasses a vast fortune, they will hesitate actually to spend the money. Remember that they have lived their entire lives cheaply.
It will be challenging to change your perception of saving and investing money; however, it is possible through reading and taking action. Do you want to be genuinely worry-free? Then learn how to invest. Good Luck!
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Will Being Cheap Make You Rich? - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Home of the Free PDF
Will Being Cheap Make You Rich?
Monthly Dividend Tracker Template: Buy on Etsy
All Right Reserved Military Family Investing | 01 Will Being Cheap Make You Rich?
02 Are You a Spender or a Saver?
03 Saving & Investing with $400/month Available
04 The Magic of Cash Flow
05 You Can’t Get Rich By Acting Rich
06 Living Overseas on Passive Income
07 Vacation Dividends
08 To Become Rich, You’ll Need Leverage
09 The Magic of Living Below Your Means
10 Live Your Best Life with Dividends
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MILITARY FAMILY INVESTING
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Will Being Cheap Make You Rich?
How Do The Wealthy Earn Their Status?
01 Will Being Cheap Make You Rich?
02 Are You a Spender or a Saver?
03 Saving & Investing with $400/month Available
04 The Magic of Cash Flow
05 You Can’t Get Rich By Acting Rich
06 Living Overseas on Passive Income
07 Vacation Dividends
08 To Become Rich, You’ll Need Leverage
09 The Magic of Living Below Your Means
10 Live Your Best Life with Dividends
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Monthly Dividend Tracker Template: Buy on Etsy
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 Will Being Cheap Make You Rich?
Most of us grow up with a sense of happiness about our surroundings. We don’t understand how rich or poor our family is, nor do we care.
We enjoy playing with our friends, eating with our family, and not having many responsibilities—we call this childhood.
We can live like this for 10-12 years until we enter middle and high school. During these pivotal years, we learn how much money our parents truly have.
Being Broke Isn’t Cute part II: Getting on the Right Path
Why do we become cheap? Money is nothing more than a piece of paper; however, having money is a central theme in our lives.
Therefore life becomes a challenge of how to get money, keep money, save money, and spend money. During high school, we decide whether we are spenders or savers.
If we realize our parents didn’t have money, we may aim to obtain cash at all costs. We could also decide that spending money is our top priority.
On the other end of the spectrum are the savers. Their parents may have lived through the great depression or another calamity.
Income Investing vs. Inflation
If you are a saver, you have a high chance of becoming wealthy one day. However, saving money and being cheap are two very different mindsets.
Wealthy vs. Rich. Wealth is having excess income versus expenses. Wealthy people have a large margin between the money they bring in and the money they spend.
We call the difference between money-in and money-out cash flow, which is the heart of a wealthy household. Thus, the goal