Gain personal freedom by being frugal.
The two most in-demand resources for starting a business are time and money.
If you can save money and time, your business will be much more likely to succeed.
- Visualize what you want to free up time, space, and mindshare for.
For example, your business or your significant other.
- Pay off credit cards.
This is the most expensive form of debt.
- Pay bills online.
Save time, postage, and late fees.
- Be wary of impulse purchases.
Wait at least ten days before making an expensive purchase.
- Enjoy free entertainment.
Choose YouTube over movie theaters.
- Do it yourself.
Instead of going out to a bar or club, make a meal at home for friends.
- Spend time with people who demonstrate being frugal by their behavior and willingness.
At all costs, avoid people who are impressed by extravagance.
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