Keep expenses low from "summary" of The Simple Path to Wealth by Jl Collins
Keeping expenses low is a crucial aspect of achieving financial independence. By minimizing your expenses, you are able to save and invest more of your money, which in turn allows your wealth to grow over time. One of the key ways to keep expenses low is by living below your means. This means spending less money than you earn, allowing you to save and invest the difference. Another important aspect of keeping expenses low is being mindful of how you spend your money. By being intentional with your spending and avoiding unnecessary purchases, you can avoid accumulating debt and wasting money on things that do not truly bring you value. It is essential to differentiate between needs and wants, and to prioritize spending on things that truly matter to you...
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