It’s with amazement that I sometimes see how people gather as much as they can hold, and even more. The other day I saw a lady at the green grocer with stacks of strawberries, it was on a special, and it made me think that when will people realize that nothing is really on a special. It might sound cheap, it might even be at a cheaper prize than normal, but it is still at a prize where the seller makes more than he paid for the product. In this case, it might be that he got the strawberries cheaper from the supplier.
We as humans get tricked very quickly because we are trained to listen to the marketing campaigns, it is aimed on our inner fear that we will not have enough. Is that not why so many people get into financial trouble? How will you determine when you have enough?
I thought the following few steps might be of some help:
1. Food:
a. Do you have at least 2 meals a day
b. Do you have fresh vegetables or fruit
c. Can you prepare a meal when you are hungry without having to go to the shop?
2. Transport:
a. Do you have access to public transport
b. Do you have a reliable car
3. Housing:
a. Do you own your house and is it almost paid for
b. Do you rent at a affordable price
If you can say yes to most of the questions, then maybe you have enough and do not need to buy a new, bigger house or car. You might not need to eat all the luxuries that get advertized on a daily base. Be happy with what you have. Only if you have surplus funds, upgrade you lifestyle if you really feel it is necessary.
Don’t you think instead of spending a fortune on a big house, you can rather stay in a smaller house and use the surplus to buy another smaller house to rent it out, then build a passive income instead of you spending this money on something that sounds good to have?
Well that’s my thought for today, till next time, stay well and have fun
Tags: enough money, passive income
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