This is not a survey of the world’s economic woes, but rather a look at the state of things in the world today.
The average person in the US spends over $30,000 a year on entertainment, entertainment media, and entertainment services, but only about $10,000 on real estate sales, and only $5,000 on entertainment services. The average person’s total entertainment spending is over $70,000 a year, and they spend only about $2,000 on entertainment and entertainment services. This means that more than 95% of people are not getting the entertainment they need.
If you’ve been reading this blog and listening to the podcast for any amount of time, you’ll know that we like to talk about a lot of different topics. One thing that we like to talk about, most often, is how to save money. There is no “right way” to save money, but there are ways that you can save money that work for you, so you can get a little more done every day.
If you want to succeed in business, you should be doing business that is focused on your bottom line. The money saved by doing this will in turn allow you to focus on the things that matter to you. You should also be spending money wisely. Money spent wisely translates into more money and more opportunities for you. The more you spend on your bottom line and the more you devote to the things that matter to you, the less you will have to worry about.
We’ve all heard of the “do what you love” mantra, but we’re often surprised by how many people choose to do what they hate. As we’re spending our time on this website, we’ve probably noticed an increase in the amount of work that we are putting in on our time.
While we all have things we dislike about ourselves, what really stands out to us is our need to spend our money wisely. I always thought that was the whole point of the do what you love mantra, but now that I have time to think it through, I think it should also be true of our spending. If you are spending money wisely, you will save money you dont have to save, but you will also have more money you dont have to spend.
The question is whether or not the money you have on hand is actually spent wisely. If you have a lot of extra cash now, are you spending it wisely? If you are spending it foolishly, you have not saved anything but may have wasted your money. It’s pretty hard to save money if you spend it foolishly.
You can save money, but you can also spend the money in ways that could be bad or good. If you save enough money to buy a nice car, you’re getting a nicer car. If you save enough to buy a few big-ticket items, you are probably spending more money than you intended to spend. If you have enough money to pay off a mortgage or pay your taxes, you are probably spending more than you intended to spend.
In my book, saving money is a lot like investing money. A lot of the time you’re going to have a lot of regrets about what you spent your money on, but you can try to be grateful for what you got. Saving money is hard work, and there are some upsides to doing it. A lot of people do it, and they are rewarded for it. It’s a lot of good, bad, and ugly.
The way I see it, our society has a lot of free money. But instead of giving it away, we spend it on things that give us nothing in return. Like a new video game, a new video game console, a new piece of technology, or a car with a new engine. In this day and age, we have a lot of money out there that we don’t use, but we don’t have any idea how to use it.
