This steps are really easy to do but sadly only a few people follow it. Most of the people would by expensive stuff just to look rich but in reality they have no money. The other way around with rich people i know, most of them live simply but have millions of money.
That's nature of man, we ought to say everything but we cannot apply it to ourselves. I am very guilty to poor saving habits, and now I am realising what is the essence of saving yoir money and I guess for this time I dhould learn already. Based upon what is stated above I guess this is all true, how can you be able to spend some if you don't work to gain, and don't spend money so much, self-discipline is really hard, but it will work if we practice often.
At the end, they end up living a fake life, a life above their means of income and the next thing you know, debts keep coming in and they keep servicing more all in the name of trying to impress. Impress who ? It is important to always discipline oneself most especially when it comes to spending and focus more on savings and investment if anyone wants to live a big life eventually. Rome wasn't built in a day but some people really wish they could build theirs in seconds. Unlike western cultures, many other traditions are teaching about saving from the childhood itself. For those people, managing their financial things effectively will not be a big concern.
