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Now there's a simple concept, four little words strung together to make a sentence. Seems innocent enough, doesn't it? But what a powerful concept that is aroused by such a nondescript string of verbage. These four little words arranged in a particular order, one before or after the other, forming a cohesive thought that, if acted upon, will transform your life financially like none other. And, unfortunately, if ignored will lead to nothing but financial ineptitude and misery.
Despite the simplicity of its meaning, few are able to accomplish its directive. Why is that? Perhaps greed? Perhaps selfishness? It's a sad reality, this inability to follow such sage advice. But don't despair, there is hope. Human behavior can be modified through a willful attempt to do so. And if we have any desire to accumulate wealth, it is a necessity.
So what does it mean to live below our means? Simply this: "Spend less than you make and save the rest."
That's it. Do this on a consistent basis, pay period to pay period, and you will reap the rewards of prudent financial living - a very prosperous future.
This concept will be the underlying foundation of The One Minute Wealth Tip Newsletter.
Until next time, Al Crisp, CPA
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