oter

Live below your means from "summary" of How to Think Like a Millionaire by Boyce Watkins

Living below your means is a fundamental principle that sets the wealthy apart from the rest. It means that you should spend less than you earn, no matter how much money you make. This may sound simple, but it is a concept that many people struggle to grasp. When you live below your means, you are able to save and invest the difference, which is crucial for building wealth. This requires discipline and a willingness to forgo instant gratification in favor of long-term financial security. It means making choices that prioritize your financial future over fleeting material possess...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Generosity is a powerful force for building wealth
    Generosity is a powerful force for building wealth
    The idea of generosity being a potent driver of financial success may seem counterintuitive at first glance. After all, the tra...
    Budgeting allows us to allocate our resources wisely
    Budgeting allows us to allocate our resources wisely
    Budgeting is a powerful tool that can help us take control of our finances and make intentional decisions about how we use our ...
    The rich understand the importance of creating passive income
    The rich understand the importance of creating passive income
    The wealthy focus on creating passive income because they understand the power of having money work for you, rather than workin...
    Save 10% of your income
    Save 10% of your income
    One of the most fundamental principles of personal finance is the importance of saving a portion of your income. In fact, many ...
    Taking responsibility for one's financial decisions is empowering
    Taking responsibility for one's financial decisions is empowering
    When individuals take full responsibility for their financial decisions, they are taking control of their own destiny. They are...
    Money is a tool, not a measure of selfworth
    Money is a tool, not a measure of selfworth
    Money, in its essence, is nothing more than a tool that we use to navigate the world around us. It is a means to an end, a medi...
    Giving back can bring greater satisfaction than accumulating wealth
    Giving back can bring greater satisfaction than accumulating wealth
    Many people believe that the key to happiness lies in accumulating more wealth. They think that the more money they have, the h...
    Building a strong network and cultivating relationships are important for success
    Building a strong network and cultivating relationships are important for success
    Building a strong network and cultivating relationships are crucial elements in the journey to achieving success. The path to w...
    Money can't buy happiness, but it can buy freedom
    Money can't buy happiness, but it can buy freedom
    The idea that money can't buy happiness is a common one, but it goes hand in hand with the recognition that money can buy freed...
    Shift to a more intentional way of living
    Shift to a more intentional way of living
    To live more intentionally means to be mindful of every decision we make in our daily lives. It involves being conscious of the...
    oter

    How to Think Like a Millionaire

    Boyce Watkins

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.