This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
Want better results? Do the opposite of what you usually do
Not only do they think differently, but they act differently. They abide by a code. These people also feel and think abundantly before they attain their wealth, which is one reason why they have it in the first place.
Do you ever notice that many people who don’t have many economic resources complain about it, talk about it frequently, and tend to attack similar circumstances in their lives?
They never seem to escape their predicament – even though they can change it.
People who have money invest it. People who don’t have money spend it. People with less money tend to believe they don’t have enough money to save and invest, which only perpetuates their economic circumstances.
Those Who Have
The haves (the ones with money and financial freedom) invest and save their money before spending it.
Those Who Don’t Have
Conversely, the have-nots (those financially struggling, managing unproductive debt, and financially dependent) spend their money first and then invest and save last (if at all).
You’ve probably heard that most people don’t have enough money to cover a $400-$500 expense; this fact proves true; most people are spending what they have when they get it and leaving little left to invest.
The Most Powerful Financial Habit
One action a person can take to shift their financial circumstances is prioritizing their financial well-being.
How does one prioritize their financial well-being?
They save and invest before they spend their money.
That’s right. Those with robust financial situations allocate a healthy portion of their monthly income and set it aside to be multiplied by compound interest.
Spending money doesn’t necessarily involve frivolous spending; it could also involve caring for friends and family, paying bills and creditors, etc. Spending money is any money that is not going into your savings and investment accounts.
High Income Doesn’y Guarantee Financial Success
Though it sure does help, a high income will never guarantee financial success, which is why wealthy people end up bankrupt and broke so frequently.
It’s easier to spend than save.
It’s easier to think short-term instead of long-term.
It’s easy to find things to spend money on; the options will always be endless.
The reason most people are behind on savings is because of these reasons. It’s not a lack of education. We are all aware that if we spend our money, we will have less money; this isn’t rocket science.
The key to financial success is how much you keep.
Athletes are perfect examples of what to do with money. Some of them go bankrupt once they stop playing, others go on to build empires or don’t need to because they consistently set aside their money because they knew they wouldn’t play the game forever.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.