Should You Spend Less or Earn More Money To Build Wealth

Minority Mindset
ā¢March 6th, 2019
DESCRIPTION
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. People often ask if you should spend less or earn more if you're interested in building wealth? Let's talk about it
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Should You Spend Less or Earn More Money To Build Wealth
0:11 - Is it more important to spend less money or earn more money
0:37 - Spending less and earning more come hadnāt in hand
0:57 - Earning more money isnāt enough
1:54 - Common sense isnāt very common
2:52 - Is spending less money enough
3:38 - The importance of money discipline
4:35 - Active vs Passive investing
5:18 - Businesses get tax breaks
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Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.
Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #MIH #ThinkMinority #FinancialLiteracy
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