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Do you think being rich is about earning a lot of money? Well, it sure is, but it’s not the only thing. In fact, spending wisely is key to accumulating wealth. Seems counter-intuitive, right? Some purchases seem too expensive at first glance, but they’ll save you a lot in the long run.

For example, buying your own coffee machine may be expensive, but it’ll pay off in just a couple of months. The same applies to expensive clothes. They are more durable, and if you take care of them, they’ll last you at least a few years. In the end, you’ll save yourself both money and, more importantly, time. So let’s see what millionaires recommend to buy to take you to the top of the financial ladder. By the way, there’s a bonus for you at the end of the video, but it will only make sense if you’ve watched it all.

Other videos you might like:
Will You Be Rich or Poor? True Personality Test https://www.youtube.com/watch?v=QwqMbj88lT8&
7 Main Differences Between Rich and Poor People https://www.youtube.com/watch?v=gsTjM2WFAeE&
11 Tips from Millionaires on How to Save Up a Lot of Money https://www.youtube.com/watch?v=jj_oSSXnphk&

TIMESTAMPS:
A good car 0:36 🚗
Reasonable subscriptions 1:14
Discounted goods 1:52
Quality clothes and accessories 2:27 👗
Coffee machine 3:15
Smart tech for your home 3:59
Education 4:34
Shares 5:09
Later versions of electronics 5:46 💻
Rest and recreation 6:24
Things that will last you a lifetime 7:12
💥 A little bonus for you 8:00 💥

#howtobecomerich #richpeople #brightside

SUMMARY:
– Opt for a car that’s easy and cheap to maintain, has never been in a serious accident, and will serve you for years.
– It’s best to only subscribe to services that you know you need. It’s a good idea to pay for a TV service that features your favorite shows without the auxiliary stuff, or buy a bigger hard drive once than pay monthly fees for a cloud.
– The most surefire way to get to wealth is being thrifty. Discounted doesn’t automatically mean bad: discounts are usually just a marketing move to get you to buy more of something, while it’s still sold at a price that is favorable for the store.
– Cheap clothes and footwear mean they’re made of cheap materials and have low quality. And that, in its turn, means that they’ll serve you for a single season at best, and you’ll have to buy new ones again.
– It may seem that buying a cup on the go is easy and doesn’t really take a bite out of your wallet, but if you do some math, you’ll see how deceptive that feeling is.
– A couple of clicks and swipes, and your dinner is being cooked, your laundry is being washed, and your house is being cleaned by automated devices, while you can go about your own business, carefree.
– Self-improvement is key to becoming a better version of yourself and, therefore, a wealthy person. Focusing on money itself won’t lead you to wealth.
– There are lots of startup companies that invent unusual and innovative things, and if you spend some money on buying their shares, you might get incredibly rich when they achieve success on the market… or not.
– Whenever a new product appears on the market, its version is by default 1.0. If you buy it immediately, chances are you’ll have to deal with bugs and glitches that haven’t been discovered during the testing phase.
– Working, learning, and creating opportunities for yourself is awesome, but having quality rest is no less important, otherwise you’ll simply burn out, even if you sincerely love what you’re doing.
– Whatever you buy — a car, a laptop, or a fridge — think of it as a long-term investment. Will it serve you for many years or even decades, or are you going to replace it after a short while?
– To become rich, you shouldn’t buy anything that makes you indebted. If you need to overdraw your account to buy a new car or take a mortgage to buy a new apartment, it’s best to think twice before that.

Music by Epidemic Sound https://www.epidemicsound.com/

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