Many folks who tally their assets and liabilities after years of modest but steady increases in income often end up scratching their heads, wondering why their net worth is nothing to write home about. Whether they’ll admit it or not, those dumbfounded individuals usually have a lot in common with the chronic couch potato who can’t understand why he weighs 450 pounds. Both have management issues — the former, cash; the latter, calories.
The bottom line: Wealth is the difference between the value of what we produce and consume. Control your consumption and you will, over time, almost certainly increase your wealth.
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