You can’t always control how much you earn, but even without earning more, you can immediately control the spending and what you do with the surplus money (more on this later). You’re always going to continue to work on growing your income. But if income growth is your only focus, you may just end up earning more and still be broke at a higher level. There’s nothing gained by earning $100,000 a year and spending $100,000 a year. Actually, all you’ll have done is raised the bar of your expenses and skewed your wealth calculation to now have fewer years to live off your savings. So it is imperative that you get control of these first two topics right off the bat.


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