Author Topic: If you want to become rich, you need to stop trying to look rich.  (Read 32 times)

Offline fahmidaemran

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If you want to be rich, you need to stop trying to look rich.

Here's the trap many 30-somethings fall into: You live in a swanky place in your town because you finally earn enough money to afford some nice digs. You look at your coworker or your neighbor and you see the fancy material things they have, or the lavish vacations they take.

And you believe they're rich because of these things. Because you also want to be rich, you start doing the things they're doing in order to get there.

But guess what? They're probably not rich!

Yes, of course there are people out there who have significant wealth who can buy whatever they want without consequence.

But the vast majority of people who look rich are just that. They look like they have wealth.

If you could look at their bank accounts and financial statements, you'd probably find that they're spending more than they can afford… and this is the person you emulate in an effort to get rich yourself.

You replicate what they're doing and end up in the exact same boat. You spend more than you can truly afford. You act rich, but never actually become rich.

Source: http://www.businessinsider.com/best-money-advice-financial-planner-millennials-2017-11?utm_content=buffer74a11&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-bi
Best Regards,
Fahmida Emran
Lecturer,
Department of Business Administration
Faculty of Business & Economics
Daffodil International University