Paul Alex Espinoza

You can hate me as much as you want for saying this, but it won't change the truth in this statement.
It's not considered "cool" to save 20% of your income, live below your means, and invest in income-generating assets.
It's cool to drop $5k on a Taylor Swift concert and post it all over social media.
But let me tell you...
We're heading toward tough economic times.
High inflation.
High-interest rates.
High unemployment rates.
If you don't take your financial situation seriously, you're going to struggle like most of your generation.

3 years ago

A simple rule that can go a long way.
This gives you the best of both sides.
You get to save up money but at the same time you also get to spend it without going broke
As long as you can add the same amount you want to splurge to your savings, you can enjoy your money without having any regrets in the future.
And if you can't...
This simply tells you that vou can't afford it and that vou actually need to find a wav to increase vour income first.
Who's going to implement this rule?

3 years ago