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by smoyer 3975 days ago
It's easier to keep the money you earn than to earn more, and the discipline will provide long-lasting benefits. You'll be surprised to find that you can live with far less expenses without decreasing your standard of living. It will however require thought.
1 comments

"It's easier to keep the money you earn than to earn more"

That's true in some cases and some circumstances, but not all. Apart from anything else, if there are things you want or need that cost more than you currently earn on a per-month basis, then it's definitely easier to earn more in order to be able to afford them.

There are also a number of circumstances where it's far easier to make more money than make more savings - for example, the very common "freelancer drastically undercharging" or "exemplary, beloved full-time employee who can probably get a raise just by asking" ones.

"the discipline will provide long-lasting benefits"

Depends how you do it. In general I'd agree with you, but being excessively frugal can be just as damaging to your health and happiness, and that of your family, as being spendthrift.