Post
Topic
Board Economics
Re: You don't earn money only from others, but also when you avoid spending your own
by
wxa7115
on 02/08/2022, 20:06:01 UTC
Exploring alternative means of income does not necessarily involve getting a new job or venturing into a new asset but it also involves limiting nonsensical expenditures on your part. I think it is essential that people should determine their wants versus their needs; the latter being the more essential in terms of priority in spending compared to the former.

If a person can determine and check his expenditures, he will also realize the things that are not worth spending on, thus saving more cash in the process.
This is what I used to think as well. I always looked for more income because I believed that if I could make a tons of money then I could retire easily and I wouldn't have this problem. However, soon I realized that while I was working hard to make a lot of money for myself, then it hit me, I was missing life and I was spending 20 hours a day making money that I wouldn't be even spending.

This is why I need to just reel that back in, and hope that I didn't do anything wrong to my health or my mind, and I am working a normal job now. I love the fact that I do not have to worry about anything extra anymore and I love my job anyway, so it doesn't feel like "work" after all. I want to write a book one day, maybe I will work hard on that again but that’s it.
Governments and private companies have been pushing for a culture of consumerism all around the world, and while there is nothing wrong with buying the stuff you need or want we must exert some self-control.

However that is not how they want us to live, they wants us to consume just for the sake of consuming and such a lifestyle is not only incredibly wasteful but very difficult to maintain, however if you can control those impulses and control your spending very soon you will realize that you do not need to work as hard and deteriorate your health in the process, while at the same time you will have more time to enjoy your life and you can even retire early with all the money you can save and invest.