Want to get ahead? Apply the oldest wealth rule on earth

We humans like to complicate things. We find drama where there is not, we keep telling ourselves we don’t have time for (fill the blank); when it comes to money and wealth, we are convinced that 10% of all us belongs to this “special circle” . That some have been chosen to know the secrets, rules and laws to reach a wealthy life. There is this idea that “the chosen ones” came to the world with a special chip and that in terms of wealth, they have all figured it out and that there is nothing else they have to do but to pose for cover magazines. This is nothing but far from the reality. 

True to be told, there are no secrets or chosen ones to be wealthy. We all can have access to the lifestyle we desire, if we are up for the job. Off course it is not an easy journey, and spoiler alert, wealth is not going to fall in our laps, and it won’t show up by magic. We wouldn’t find value in the reward if it were easy, but it is achievable.  

We can all start by following the oldest wealth rule on earth. It is a simple one, but it is the one most people failed to follow. Once you start following this rule, you will start seeing results pretty much immediately. Are you ready? Here it is: spend less than you earn.

I don’t know about you, but I say it cannot get any simpler than that. Yet it took me years to finally apply it to my day to day. I was waiting for this magical day when I would be making so much money that I could actually say I am spending less than what I make…as I am typing my story, I am trying to wrap my head around “what in the world I was thinking”…But you know what? The answer is very straight forward: I didn’t have the correct mindset.

And since I know I am not alone here, I want to grab a mic and spread the word and tell you and everyone else who wants to listen and is ready to do what it takes: you need a change in your mindset. Also, be aware of your habits and adjust accordantly.

First of all, you must watch where your money is going every time you receive your paycheck or any kind of income. Evaluate if those expenses are aligned with your why, your purpose and your goals. We live in this constant conflict between receiving instant gratification and achieving what we really want. And this is exactly why we need to be certain about what we really want and have those goals handy.

If we know why we are working hard, saving, investing, budgeting, etc., it will be easy to pass on those shoes that are at discount and that you “suddenly need”. Trust me, I have been there. You don’t have to carry your gigantic vision board with you, that will be weird! lol but you can have those goals as your screensaver phone or if you keep a regular paper agenda like me (I know, I know) you can edit your vision board into a printable version and have a mini copy with you at all times. Your board, your terms, make it fun! 

Keep in mind that the income you make is important, but it is even more important what you get to keep of that income. The bigger the gap between what you make and what you spend, the better off you will be. For starters you will be able to build a cushion for your peace of mind. You will be able to save for those big-ticket goals. You will have money to invest, to make it work for you. That sounds so so so amazing, doesn’t it?

Take action: start by listing the money you are making and the money you are spending. Don’t be afraid, it is not advance calculous. Is there any gap? Is it positive or negative? Once you know where you are standing, you will know if you are going in the right direction or if you need to correct the course. The wonderful part of knowing is that you will start taking action.

You got this!