A Buck Saved Is A Buck Earned
From my experience, most people fall into these categories:
Savers — good at being frugal and saving but suck at earning big
Earners — good at earning more income but suck at saving/frugality
Many people who make $80k /year have more money saved in the bank than people who make $1m /year because they live frugally
How is this possible?
It’s possible because a buck saved is equivalent to a buck earned
Earning more money and spending more money cancels each other out
But there’s a third type of person that’s extremely rare (almost nonexistent):
Earner-Savers — good at earning big, being frugal, and saving big
These are the masters! Warren Buffett, Jeff Bezos, Bill Gates, Sam Walton
They have asymmetry in their philosophy: Earn BIG, Spend small
Inject asymmetry in your life through property investment
It’s a way for you to earn BIG, spend small, and save BIG!
Take advantage of this unique time in Australia’s housing history
You’ll look back in 10 years and thank yourself that you did