Career and Finance: Overspending and wealth creation

Sunday, June 28, 2015

Overspending and wealth creation

It is impossible for one to build wealth by overspending. Wealth creation can only occur by surplus and not by deficit. It is up to you to make the choice. You should ask yourself the question: do you desire to be wealthy or to be poor? The question is formulated with desire and not want. Desire implies your attitude converging with your saying. One thing is to say you want to be wealthy, another thing is to make the needed sacrifice involved with controlling yourself and spending less than you make. Spending less also means delaying gratification. That is to delay your pleasure of the present to the future. Think about this!   

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