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What are the three words that
profile the affluent?
FRUGAL FRUGAL FRUGAL
Websters defines "frugal" as:
"behaviour characterised by or reflecting economy in
the use of resources"
Being frugal is the cornerstone of wealth-building.
Often, self made millionaires become millionaires by
budgeting and controlling expenses and they maintain
their affluent status the same way. They are
disciplined, they plan, they budget, and this
translates into wealth. Living frugally is not to be
confused with living with poverty consciousness.
What does the word 'frugal' mean to you?
Frugality is about sensibility, it is about value
for money, it is about appropriate exchange.
Frugality is about expansion and integration whereas
poverty consciousness is about contraction and fear.
However much or little we have, we do have a choice
in every decision we make.
We can choose to be frugal, knowing
that in doing so we can still get a whole lot out of
life, whilst contributing in return or we can choose
to feel sorry for ourselves, operate from poverty
consciousness, slam on the brakes, stop giving, back
ourselves into a dark and lonely corner.
How do you plan to budget and control your spending
this year so that it translates into wealth?
Think like a millionaire!
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