Save money, live on less than you make

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Live on less than you make

What if I told you that your salary is now ONE MILLION dollars?

What would you do?  Would you save it or spend it?

Would you make changes to your lifestyle?

Would you go out and buy and new car, house, clothes, gadgets for around the house?

Most people would spend. Unfortunately, that’s the norm in this status-obsessed, consumer culture in which we live. If you’re like most people, the television you watch has an impact on your unconscious. You want to have the things and lifestyle of the stars on the shows: the biggest house, the most expensive car, the trendiest clothes. Some of this is our fault, a lot is not. Marketers are clever – they know how to tap into our lizard brains and zap us into desiring stuff and lifestyle we can’t afford – or need..

Recently, I heard a story about a football player who signed a $3.6 million contract. Most sports players take that money and live a life of flash and excess.

Not Ryan Broyles.

Admission: I’m not a sports fan. I have no idea what teams are in the NFL, NBA, or MLB – and I certainly have no idea who the players are. However, when I heard this story I will never forget Ryan’s name.

He and his wife have chosen to live on $60,000.00 a year. Awesome! What do you think about that? Talk about living below your means. Ryan is smart –  he can save the rest of his income for the future. When his football career ends, he’ll have plenty of money with which to retire or do whatever he wants for the rest of his life.

Could you do that? Can you live on less than you make?

If your answer is yes, then you’ll have enough money in the bank to retire when you want.  YOU could save a million dollars.

I challenge you to look at your lifestyle, and see if you can make adjustments in how you live to spend less than you earn.  Start small. It’s easier. Make a lifestyle choice to buy less. You need to train your brain. It needs to be rewired. Pretty soon, you’ll find you need to buy less. Enjoy what you have – and remember: we are not our stuff. Save more, be more, do more.

Let me know your thoughts. Leave a comment if you like.

 

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