Do you have your spending under control?
Aysha van de Paer
Cross-border Investment Expert ?? Supporting expats invest & grow a multi-million retirement portfolio I Avoid typical & costly tax + pension mistakes when living an international life????????????????????????????????????
I always loved investing. But up until a few years ago, I wasn't investing consistently.
I knew I should make it a priority to invest every month. But I kept pushing it to 'later.'
And the main reason was that I didn't have my?spendings?under control.?
Even if I've never been a big spender.
But somehow, keeping up with exorbitant childcare costs, cleaning costs, rent, restaurants, holidays, etc. meant that my income would just somehow vanish by the end of the month.?
All of this didn't feel quite right.
I was earning a decent income and married to someone with an even better one.
How could it be that I still had close to nothing left at the end of the month??
And so that's why the quote below by Robert?Kyosaki?makes so much sense to me now:
?
"The rich invest their money and spend what is left. The poor spend their money and invest what is left."?
–?Robert Kiyosaki, Personal Finance Author (Rich Dad Poor Dad)
And so now I?go about it very differently.
As soon as my income hits my bank account, I make automatic payments into my investment accounts.?
And then I just make my life work with whatever is left.
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This simple trick has made my life so much easier!
Because I no longer need to try to 'save' money to be able to invest.?
Could that work for you too??
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TET?-Alchemistin | Verwandle das Blei deiner Erfahrungen in das Gold deiner Seele | Altes Wissen trifft auf moderne Heilmethoden
3 年Tanks for this great article.
Master your Mindset | Helping you gain clarity and confidence so you can stop doubting yourself and live a life that truly fulfils you. Self-Confidence & Inner-Freedom Coach ??
3 年Such a great reminder ??
????????Der Asienunternehmer ??Südostasien-Experte & Denker ??Business Mentor Thailand & Vietnam ??Azubis aus Vietnam ???? ASEAN Representative BWA Germany ???? #southeastasia #gerhardleypoldt #entrepreneurship
3 年I can only agree with you that saving and investing regularly is extremely important, especially for middle-income earners.
Power Doc | CEO | Power Platform Enabler, Certified Trainer, Speaker and Blogger
3 年I invest a steady amount monthly to managed fonds. I think this is the easiest way for me to invest money.
Freelance Translator
3 年Thanks a lot for your inspiring article that open eyes