How To Achieve Financial Independence
Desire To Want More
People are designed to want to live a better life - always. If you have a salary at a certain level, you learn to live with that salary by developing certain habits of spending money. At the end of each month, you may end up spending all the money you’ve got for the month and think that it would be great to have a higher salary. You make plans in your head what you would buy if you had a higher salary, you can find many ways that your money can be spent to improve your life. This is quite natural, everybody wants to have more than they currently have. So in fact, most people end up spending all the money that they got for the month, having exactly the same bank account balance they had before they got their last salary.
So what happens when you actually get a salary rise? Usually, nothing changes. You immediately start spending the additional money you got. You buy the car that you wanted, you get a bigger house, perhaps you start buying a better quality food. Your monthly expenditures increase and at the end of the month, you are exactly where you were before - thinking how great it would be if you had a higher salary and how you would like to improve the quality of your life. You are still driven by a natural desire to have more than you currently have. And again, you end up spending all the money that are available to you for the month. Read more…
