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What’s stopping you from seeking financial independence?
Do you feel like you’re postponing life by saving money every month?
If yes, chances are that you’re lifestyle is pretty expensive. What do you sacrifice in your life now to reach a goal in the future? I’m not here to tell you that you should change your habits if you like your life as it is, but more often than not we do what feels most comfortable. Every single day.
We know saving more money is good for us, but so does the feeling of having the brand new iPhone. The problem is that saving money creates wealth, while consuming makes you poorer.
Show me your budget and I’ll show you how wealthy you’ll be.
How wealthy you’ll be in 5, 10 or 20 years depends on how much you save and invest today.
So what’s more important to you? To look wealthy or to actually be wealthy?
To look wealthy you can signal this by buying a car on credit, have lots of fashionable clothes and post Instagram pictures of your expensive restaurant meals. To be wealthy, it requires you to have few needs and rather invest the surplus of money. But since most people are terrible delayers, they buy the things they want today.
I agree with you, the picture above looks like the perfect day. And yes, this can be yours one day. But the difference between people with a rich mindset and those with a poor mindset, is that those who’ve a rich mindset postpone their gratification until they actually got the money to buy what they want.
How To Be Wealthy
Throughout your life you will need to have some amount of money in savings. This is where investing starts. Investors use savings primarily as a buffer against life’s unexpected expenses.
Sometimes you need a new air conditioner or a new roof for your house. Maybe you lose your job. Whatever reason, money should be earmarked as savings to ameliorate life’s inevitable curveballs.
A good rule of thumb is to have enough savings to cover 3 months’ worth of living expenses. If you have an extremely stable government job, you might lower this to 2 months.
On the other hand, if your job or income is at risk, you might consider having 6 months or more in savings. The obvious implication is that if you save too little, you may have to liquidate other investments at an inopportune time and at great expense.
If you have too much in savings, you are missing out on the higher returns of long-term investments.
Only you can decide what’s best for you.
Mindset
To some people, wealth means having the appropriate mental state.
This is brought about by combining a specific way of thinking with the right attitude.
This combination often takes them towards the goals they want to achieve in life. This “wealthy mindset” is not about money but about drive and purpose.
It can be illustrated by a person in difficult circumstances who nevertheless rise above their difficulties and achieves their goals because of inner strength and a belief in themselves.
14 Steps to Develop a Wealthy Mindset

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Have questions, comments or suggestions? I would love to help you with your FI-journey.
Feel free to reach out directly at @Route2FI on Twitter or email me at post@route2FI.com
Becoming wealthy definitely starts with a change in mindset, before you can build the habits to build wealth. Good post!
Thank you!!
Mindset before anything. If you have a strong mindset as a foundation for the rest of your life, you can build further on that without things tumbling down. Consistently keep improving your mindset and you’re golden!
You’re damn right, Radical! How is the e-book going for you? Launched it yet?