I know, this is a pretty big claim, but yep, I’m saying it’s pretty much this easy.
It’s also this hard.
1. Spend less than you earn.
If you are spending more than you earn you have only three options to correct this: spend less, earn more, or do both.
Our in-come must be greater than our out-go.
– Pretty much every treasurer in history
2. Set some aside.
Take a small percentage off the top of every paycheck and use it for savings: emergency funds, sinking funds, vacation, retirement, etc.
“A part of everything you earn is yours to keep.”
– George Clason, The Richest Man in Babylon
3. Give generously from what you have.
Giving doesn’t always have to be financial, but giving financially helps us maintain a proper and healthy attitude toward money.
Happiness comes from spiritual wealth, not material wealth… Happiness comes from giving, not getting. If we try hard to bring happiness to others, we cannot stop it from coming to us also. To get joy, we must give it, and to keep joy, we must scatter it.
– Sir John Templeton