Finance & Fury Podcast

Today we will talk about the fundamental principle of being wealthy. It’s very basic, and, if you get it right, you will start to accumulate wealth…which is the whole concept behind actually being wealthy. You don’t get dumped with a truckload of cash and all of a sudden find yourself wealthy – those who are wealthy tend to have accumulated their wealth over their lifetimes.   It’s about keeping more of your money, and investing it to grow over time.   The big dream: Have millions of dollars and being able to purchase anything. This revolves around spending money You need the money in the first place to do this though   I want to talk about the allure of getting everything that we want in one go – the get rich quick schemes Lottery winners, or massive inheritances – do they never have money worries again? Well, it’s been shown that they do. And this goes back to the fundamental principle of spending more than is sustainable. The money is going to run out pretty quickly if you don’t have any discipline.