What you do to make money is your “financial exercise.”
What you do WITH your money is your “financial diet.”
I’ve spoken with trainers who tell me they regularly see clients who bust their butts in the gym and burn a
ton of calories, but never lose weight.
And the reason is always the same – how much they eat when they get home.
Similarly, I regularly see people who bust their butts at their job and make a ton of money, but have no
savings.
And the reason is always the same – how much they spend when they get home.
Losing weight is as simple as consuming fewer calories than you burn. And the bigger the deficit, the
faster you’ll lose weight.
Achieving financial zen is as simple as consuming less money than you make. And the bigger the deficit,
the faster you’ll achieve financial zen.
The key to financial success (and weight loss) is prioritizing your diet over your exercise.
You can’t financially out-exercise a bad financial diet.
