Get Rich, Or Die Saving

Increasing revenue beats cutting costs.

Photo by Mathieu Stern on Unsplash

You are You, Inc., a bustling enterprise where the bottom line isn’t just about cash but crafting a life well-lived.

Like any savvy company, there are two dials to tweak for prosperity: slicing expenses or cranking up revenue.

Let’s tackle the cost-cutting strategy first. It’s a favorite during tough times – trim the fat, tighten the belt. Sounds straightforward, right? The math behind why trimming costs often beats boosting sales is intricate, but trust me, it holds water. That’s why firms trim their biggest expense – personnel – when the going gets rough.

Yet, frugality, while financially prudent, comes at a steep non-monetary cost.

Pinching pennies can lead you down a path of perpetual mediocrity. Life becomes a hunt for bargains, every decision weighed against its cost. This mindset seeps into every facet of existence: your self-esteem, work quality, and relationships. It’s a breeding ground for envy, regret, and a sense of never quite measuring up – a spiral of negativity fueled by scarcity.

So, what’s the flip side? Amping up the income. This is where the real magic happens. It’s about investing in yourself, pushing boundaries, and not just chasing dreams but living them. This approach isn’t about…