Here’s a profound and simple truth:
If you don’t get your finances in order, you will struggle.
There’s no other way around it.
The worst part?
Oftentimes, that struggle is unnecessary. And the reason it’s unnecessary is that there are many easy ways to avoid it.
Unfortunately, most of us don’t learn about this in school.
Instead, we had to learn it the hard way when we got out into the real world and faced reality head-on.
Heck, some people never even learn it at all!
But there is a silver lining.
And that silver lining is this:
With only a handful of money-management principles, you can avoid these struggles altogether.
So let’s go over one of the most important money-management principles right now…
Money-Management Principle #1: Earn More Money Than You Spend
Though this may seem like commonsense to some…
For most, it’s anything but common practice.
For example:
If you earn $3,000 per month…
But your monthly expenses are $4,000 or more…
At what point will you start getting ahead?
The answer?
NEVER.
And here’s why:
As long as you spend more than you earn, you will always be digging yourself into a deeper hole. The deeper this hole gets, the harder it is to get out of it. And the harder it is to get out of it, the more prone you are to stress and struggle.
BUT — if you make sure you’re earning more than you spend, you will never find yourself in this situation.
You will never have to dig yourself out of a hole.
You will never have to ‘rob Peter to pay Paul.’
You will never have to struggle just to get by.
Instead of going backwards…
You will actually be inching further ahead.
But ONLY if you start earning more than you spend.
So do me a favor…
Take a look at your finances…
Make a note of how much money you earn each month…
Then, calculate the total of everything you actually spend that money on.
Are you earning more than you spend?
Or are you spending more than you earn?
Your answer will tell you exactly what you need to do.
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And when you’re ready 