Keep watching because I'm a bout to reveal it shortly .Josh Masters loves to talk about how we build wealthy property wealthy isn't actually about the dollars in the bank, but it's actually about how we spend those dollars and how it makes us feel.
Now, without getting too woo-woo on you, there are a few principles that I like to follow in my own life that really help to do that and bring me happiness and one of them is to cut out anything in my life that I have to spend money on that I don't really enjoy apart from bills, we all have to do that, but anything that really is only sort of 50% on the enjoyment or happiness factor, I simply cut out of my life.
I also make sure that if I'm going out shopping and going on a bit of a spending spree, I actually don't buy anything on the day impulsively. I like to wait for about a week or so to make sure that I still am going to get the best value out of it because if I'm buying something on the fly, it's maybe just an impulsive decision and when I get home, I've found that those sort of purchases aren't really the best for me, I don't really feel a lot out of it, but if I can wait for a week and I still get a buzz, then I'm right into it.
And the third and final thing, is to make sure that the treats in my life, whether it's going to the movies or grabbing a piece of cake or on the weekend or something like that, they actually remain treats. I don't maximise it to, so that I'm doing it everyday. If it starts to become too often, four or five times a week, then not only is it sometimes not healthy for me, but I'm also not maximising my enjoyment out of it and the more I do it, the less and less appeal it has.
So remember, wealth isn't about just the dollars in the bank but it's actually how you spend those dollars and how it makes you feel inside. So make sure you're getting the absolute maximum happiness for the longest period of time you can. That's a real investment. If you have any questions around this, or if you'd like to know more, please leave your comments below. My name's Josh Masters and you've been watching On the Ladder. (t.v. static) .
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