How to get money seems to be an obsession for most. But there is a major difference between getting money and having money. The difference is so great that they have (almost) no relation to each other.
Getting money is the acquisition of money. Anywhere… from a job, inheritance, investing, and so on.
Unfortunately, for some us of money can be fraught with terror. Scams proliferate.
But about having money
If one has some money, one thing to concern oneself is not to lose it.
How Does One Not Lose Money?
Firstly, vigilance, not falling for scams is one thing. The popular press is full of stories of millions and billions with cryptocurrencies. IMHO, most crypto is fake. While Bitcoin and a few others seemingly have staying power, they are all built on emotions and FOMO, with no real substance behind them. There is no real product of service that produces crypto. They are the modern equivalent of the Dutch Tulip Mania of 1634 to 1637.
While some people will profit from crypto, most will lose.
If …
The other half of having money to understand that if one spends money, then logically one no longer has it.
The secret to having money is not to spend it.
That sounds simple and simplistic, and it is both.
The idea of Not Spending Money may seem absurd, and it is not meant as blanket prohibition. What it does point to is being judicious with one’s assets.
For example, to live means to have expenses such as utilities, rent/mortgage, taxes, food, and so on. These one pays, obviously. But so much else that we convince ourselves is important is really only discretionary.
The way to have money is to be strict about one’s discretionary spending.
Is that possible for you?
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