Upgrade Your Life Correctly

It doesn’t really matter how much money you make. You will always be poor if your expenses are greater than your income. Do you frequently spend more money than you make? Studies have shown that people who often overspend are more likely to have a low sense of self worth. As far as I’m concerned, the only person you should be worried about impressing, is yourself.

It’s true that you should always be trying to improve your standard of living, but please do so while living within your means. There are basically only two options to achieve this: 1. Make more money and 2. Spend your money more wisely.

I think it’s safe to say that the amount of effort put into spending less money decreases as the amount of income increases. This makes sense since the more money you have access to, the less you value it and the less you value it, the less work goes into saving it.

I took the liberty to create a graphic to further illustrate my point.

As you can see here, while income increases, cheapness decreases.

This graphic illustrates what we should strive for.

As you can see, when income increases, cheapness remains nice and high.

Honestly speaking, it’s really easy to find ways to be cheap when you don’t have money. You don’t really have a choice. The difficult part is to continue to be cheap when you do have money and don’t HAVE to be cheap anymore. Spending money is easy. Not spending it is hard. People seem to forget that.


Q: I want to enjoy my life now while I’m young and worry about the future when it comes. What’s the point of making and saving more money if I can’t enjoy it?

A: I’m not telling you to not spend money. Obviously as income increases, standard of living and expenses will also inevitably rise. I’m telling you to not get lazy on the little things just because you can afford it. Continue to budget unfailingly, scour for deals, pack lunch, and do whatever else you did when you had to. This will leave you with more additional income that you will enjoy even more.

Q: I really like your graphs.

A: Thanks! You are so kind.

Q: Did you make up this FAQ section just to compliment yourself on the graphs?

A: Yes.