The Law of Diminishing Expenses is pretty straightforward: the richer you become, the less expensive everyday things seem to you. All of the sudden, the daily requirements to live your life, like gas in your car and dinner on the table no longer become a prohibitive expense in your mission to become wealthy. In order to get there, you need to build a budget and have multiple streams of income so that if any one of them went away, you wouldn’t have to change your lifestyle tomorrow. Tune in to hear more tips and real-life examples of how the Law of Diminishing Expenses works.
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