If you ask any true wealthy person they will tell you that you “Save” your way to wealth, yet the average person is out there trying to “Spend” their way to wealth. They purchase the flashy car, expensive jewelry, over large homes, exotic vacations, and all the latest electronic toys on the market. Now I am not condemning those things or saying one should not have them. What I am suggesting is that style is more of the behavioral habits of a high income earner and not one of a true millionaire.
In fact, you should do yourself a favor a read the bestselling book “The Millionaire Next Door” a study and survey of the average Millionaire and you will learn that they live lives far different than the average high income earner. The authors of that book asked one Millionaire what was his favorite beer? He replied “Free”. Of course I am not advocating a lifestyle of depriving yourself of the comforts of life, in fact that is one major purpose of financial freedom is to enjoy life and without the finer things in life that is hard to do.
The real question at play as I see it is “Priority System”. How you go about earning your money, saving your money, spending your money to create and sustain wealth. If you took out a $100.00 bill and laid it next to $100.00 worth of Gold you would find three major factors at play.
- Both are real currency
- Paper money is only getting weaker in buying power and going down in value
- Gold money is getting stronger in buying power and going up in value
The question is what kind of currency do you want to save and build your wealth on? Do you want more paper money which is of a weaker power or Gold money which is far more superior money? Your answer to that question will determine your sustainable wealth status over the long run.
Don and Melinda Boyer
“Our mission is to educate you about the importance of owing Gold Bullion so that you can make an intelligent decision about your financial future”