You Don’t Have to Be Rich to save Money
Having more money will not save you if you don’t believe in your ability to manage money
All wealth is created from income.
That’s a phrase I have repeated often in my writing and is something I believe to be an objective truth.
Without an income that exceeds at least a modest — but comfortable — cost of living, it’s impossible to save enough money to build significant wealth.
BUT
I want to be crystal clear about something:
You can still save money even on a modest income — and if you believe that you are capable of doing that, your odds of building wealth when your income rises in the future will increase exponentially.
Today, I am reviewing a research paper that shows that believing in your ability to manage money might be the key to crushing your financial goals regardless of how much money you make.
You can view your money objectively and subjectively
The research paper in question is appropriately titled “You don’t have to be rich to save money…
