One of the things I hate the most about finance articles I read online is how they are always telling you 'NO' to everything that you want. You have to say NO to cable, NO to credit cards, NO to shopping and NO to Starbucks. Many of them include calculations that show how you're spending x amount of dollars on gourmet coffee every year. There's even a blog out there about how one family lives on $14,000/year like it's a good thing. That's pathetic! Why would anyone really want to live on $14,000/year???
Mark Twain once said, "I'm opposed to millionaires, but it would be dangerous to offer me the position." I'm pretty sure most people would rather have more money than less. So instead of trying to find dozens of ways to cut corners and deprive yourself of what you really want in life, why not find a way to increase your earnings? The wife in that family even started out by saying that she had a shopping habit that was stopping her and her husband from reaching their financial goals together. But instead of trying to find a way to make more money, they decided to cut corners.
Growing up, I've always been told to live below your means. Why do people say that? Why don't people tell you to earn more so that you can live the way that you want to?
The only thing I can think of is that people are afraid to chase their dreams. Or maybe they don't know how to. Schools these days don't dare teach you any business skills, finance skills or how to budget your money. They don't teach you how to invest, or how credit cards are actually a good thing, or how to be a CEO, or even how to set goals in your life! No, instead they consistently crank out employees every year at graduation. The only thing most people know what to do after high school or even after college is that they need to go out and get a job.
One of my near future blog posts is going to include all of my life goals, and I can guarantee you they are not going to include telling you to stop going to Starbucks.
And for my fellow Starbucks lovers who may not be aware of this yet, here's a special treat for you.