Quote from: Roseline492 on Today at 01:47:09 PM

Quote from: Reatim on Today at 06:54:34 AM

is self control enough in this economy?

in order to save money, is it enough to just prevent oneself from buying things unnecessary or limit ourselves to only what is needed to survive? is this a way to live? is there no other easy way aside from earning so much?

sometimes i feel like even with utmost self control you still don’t end up getting rich due to expensive prices and lack of salary in general

A control doesn't assured a person to be rich but what it does for you is that it changes how you use your money because you cannot have that control and still be using money on the things that doesn't matter, although the rich could also emerge from having a self control because is one of the factors that eradicate distortion of positive conviction by creating the belief that the only way those dreams they have would come to reality is when they think towards it and not just thinking but also cutting off some of the over usage of funds they usually do so that enough money will come out through there savings and channel to something resourceful. You are also right because not all the poor people today lack control because they actually have it but there is no finance or income provider.

Perhaps self control plays a role in managing money wisely but it cannot on its own create wealth if there is no steady income to manage in the first place. Saving from what you already earn is only possible when that earning is above your basic needs and this is where many people struggle. Even if someone practices strict discipline the lack of sufficient inflow limits how much can be saved or invested. What really changes a person’s financial standing is combining self control with finding ways to grow income streams so that there is always something to allocate toward long term goals. Without that balance self control only prevents waste but never really opens the door to growth.