payday your checking account is full you finally have enough money to restock your fridge pay the bills and treat yourself to something nice maybe that's a fancy dinner or a pair of shoes you've had your eye on for quite some time but it ends there no matter how hard you work to make your income stretch the ends hardly meet at the end of the month leaving you anxiously waiting for payday only to repeat this cycle again two-thirds of americans live paycheck to paycheck forty percent of those who make a hundred thousand dollars or more live paycheck to paycheck so why are so many people regardless of their income struggling to make ends meet here's why you never have enough money number one lifestyle creep every time you get paid more and get a little extra money on your paycheck you want to go out and spend more get a bigger apartment pay a little bit more rent buy a new car because you work hard and you deserve it but lifestyle creep is the very thing that's keeping you strapped for cash wonder why the ends never meet at the end of the month take a look at how much you're spending month to month i was reading a book recently the millionaire next door not the newest kid on the block but the principles in this book are still very applicable for today stanley and danko the two authors of this book studied and profiled america's millionaires the top eight percent of the population as a recently now the popular image of a wealthy person in the u.s is someone who displays all of the status symbols of wealth the big house luxury car and expensive clothing but this image just displays a big spender rather than an accumulator of wealth if building wealth and changing your family tree is a goal of yours then lifestyle creep is not the behavior that's going to get you there so if you truly want to build wealth and change your family tree then there's a distinct set of characteristics you must possess here's a cheat code live below your means use your time and money efficiently to build wealth prioritize attaining financial independence over displaying social status learn how to invest and explore various investment opportunities something this book reiterated for me on my financial journey is that building wealth and becoming financially independent takes hard work frugality and discipline i definitely recommend you read this book or any book for that matter as i've found many very valuable nuggets hidden throughout various literary works now if you're not a very big reader or if you don't have the time to sit and scan a book cover to cover then book summaries will definitely suffice and for that i recommend short form they make the world's best guides to non-fiction books they're like book summaries on steroids if there's a book you've always wanted to read or curious about or just want to extract the key takeaways from you can get the book's key points in a one-page summary that will take you less than NUMBER_TOKEN minutes to read or you can have it read to you on top of that you can dive deep into super detailed chapter by chapter summaries and they have interactive exercises to help you apply what you've just learned i've personally never seen anything like this before and i'm excited to start exploring books i have yet to get my hands on honestly i find myself opening this app more often than i do youtube studio and that's saying something so if you want to explore book summaries in a really exciting and interactive
START_SPONSOR_TOKEN recommend short form they make the world's best guides to non-fiction books they're like book summaries on steroids if there's a book you've always wanted to read or curious about or just want to extract the key takeaways from you can get the book's key points in a one-page summary that will take you less than NUMBER_TOKEN minutes to read or you can have it read to you on top of that you can dive deep into super detailed chapter by chapter summaries and they have interactive exercises to help you apply what you've just learned i've personally never seen anything like this before and i'm excited to start exploring books i have yet to get my hands on honestly i find myself opening this app more often than i do youtube studio and that's saying something so if you want to explore book summaries in a really exciting and interactive END_SPONSOR_TOKEN