Don't Adjust Your Income Adjust Your Spending
The first rule of wealth creation is not to find ways of earning more, but to cut your spending or more specifically change the way you think about how and what you spend you money on.
Now we all know people who earn vast sums of money, but never seem to have a dime, often this is because they spend the money faster than they are making it, as their income goes up so does their spending, often on things they don't actually want or need. This is why it is important to get your mental attitude to money right before you focus on making more of the stuff, otherwise you will just end up in the same place you are know.
This theory often referred to as a poverty conscience has been proven time an time again, by lottery winners, sports stars, pop stars and stars of the silver screen. The money these people earn or receive is vast and comes so fast that they get caught up in the hype and just start spending, and once they start spending they struggle to stop. Inevitably the money dries up, take a sports start for instance, during their playing career they will earn tens or hundreds of thousands of dollars a week, this gives them access to thing most only ever dream of, but a career in sports is often very short and once their playing career is over the money stops but so often the spending continues and bankruptcy follows.
By just taking a little care to spend less than you learn you will naturally create a wealth mindset and the money will stick, don't focus on trying to keep up with all those around you, buy only what you really need and want providing you have the money to do so. This will reduce any money worries and the stress that goes with them, and help you build a sound foundation to move forward in creating long lasting financial freedom and security. Next time you are about to buy your next purchase, stop and ask your self if you really want it or is this purchase just coming from habit, you will be surprised by the answer and once you break the habit of buying things you don't really need your mindset will change as will your financial fortunes.
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