10 Essential Rules Followed By The Wealthy

They Live Below Their Means

In this age of extensivecredit, it’s tooeasy to live above your means. Thosewho keep and expand their wealth don’t do this. They constantly live within their resource limitsso they can invest their money and put it to work for them.

Ideally, you should pay cash whenever possible. Avoid the temptation to charge any purchases. When it comes to your monthly expenses, take steps to lowerthem, and cut any unnecessary spending from your budget.

The more money you have to put into a business or idea, the more income it can produce. It becomes a beneficial cycle that preserves wealth.