Financial freedom only comes from investments, never from a job. You can be sacked from a job. But you can’t be sacked from your investments. If your parents die, you can’t inherit their jobs. But you can inherit their investments. Your earned income should not be spent on your wants. It should be used to meet your needs, and whatever is left should be invested in income generating assets.
Use investment to cure generational poverty instead of creating generational poverty by spending money impulsively. That way, you will stop getting poorer by default.
A man who cannot suppress an impulse in favour of a principle can never be wealthy or powerful. A minimum wage earner using the latest iPhone obviously lacks impulse control.
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