Saving Money Is For Poor People
The rich see it differently.
In one corner, you have the “savers.”
They write about saving $154 by having coffee at home instead of Starbucks. They budget like their life depends on it (kind of does, doesn’t it?) They always spend less than they earn.
In the other corner, you have Tim Denning and Dan Koe.
Tim says saving won’t make you rich. Financial education will. Dan says buying things that cost a bit more than what you can afford is the way to stretch yourself and achieve higher goals.
Let’s get ready to rumble.
When I was younger, I thought saving money was for poor people.
In my head, saving money was something to be ashamed of. Surely, rich people didn’t need to worry about savings, right? They just always have enough for everything they want.
The idea of saving never seemed attractive, so I didn’t.
Then, I grew up, and I started saving.
As I started learning more about money, a specific idea stuck in my head and slowly changed me.
It was this: building wealth isn’t about what you make but what you keep.