There are two sides of wealth that we will cover here and what to do with them.
The first side of wealth is what we will call the supply side.
This is the side of the money that comes to you every month.
Whether it's from passive investments or your job, it's just the money that comes in.
Next is the demand side, which is the expenses side.
This is the amount of money that you spend each month on whatever you spend your money on.
Most people usually fall to one side or the other.
They may do it intentionally or unintentionally.
The people who are more demand side oriented are usually trying to keep up with the times.
They buy the new big car or the new big house, not really knowing why they do it.
They think it's because they chose to, but there are a lot more unconscious reasons that they do it.
You must learn to become an expert on both sides.
First you want to manage the demand side.
You have to choose what is in demand for you.
This means buying what your need, not what you want.
Get your expenses low.
Get them as low as you possibly can.
I don't mean go to McDonalds and eat junk food, but don't spend money on things that aren't needed.
An example might be a new TV.
You could save the money instead.
Manage the demand side first.
Next once you get that handled, then you can move to the supply side.
Most people who earn a lot of money have figured out the demand side.
The way to up your supply is to lower the demand.
Many doctors, lawyers, engineers, and others have a lot of money at their disposal, but they still manage the demand side.
The reason they have this money today is because they stick with what they need and what is best for them and their families.
Don't try to live your life for anyone else but yourself and those that are important to you.
Focus on creating a stung supply side.
Get into business doing something you love.
Get a job with a company that you can move up in.
Move to a new place and meet new people.
There is your whole life to live and you need to get started now, not later!