Here it is, the true way to increase your wealth and get richer in just one day. They don’t tell you true story behind increasing your wealth. Getting richer doesn’t involve schemes, plans, or secret guidebooks.
To increase your wealth you need to:
1) Decrease your wants. If you can resist media temptation and want less, you are richer already.
2) Find happiness without possessions. Does it take a new tv to make you happy? Sometimes volunteering or participating in an activity in a group is more rewarding than that new tv you purchased. Wealth isn’t always measure by the amount of things you own.
3) Live practical. If a car gets you from A to B does it matter what it cost? Do you really need a mansion or is a small 2 bedroom house more than enough?
4) Live behind the times. If you live behind the times, you can afford everything that is a few years old much more than the newest technology. For me an X-Box would be a step up. Now you can pick up an X-Box original for cheap since everyone wants the latest and greatest. Living a bit farther behind lets you enjoy more for less.
Conclusion on increasing your wealth
When I was growing up I thought it would be great to have wealth to buy things, and the key to happiness was building wealth. Wealth does equal less worry, but not happiness. Now I’ve reduced what I own to two suitcases full of stuff. I don’t own a car, or a bike.
To me now, wealth is more about the value you get out of your daily life. If you like life and form meaningful experiences, that is more than you will ever get out of the latest Playstation, or fast sports car.
As Benjamin Franklin once said “There are two ways to increase your wealth. Increase your means or decrease your wants.”
That point about living behind the times is one that I have thought about but had not seen yet pointed out by another. The savings are quite large, but it requires one to step away from the “my item is more advanced than your item” thinking that pervades our public space.