I read an article today talking about being flat broke despite earning a high salary. And having to struggle making a positive networth.
To quote from the article that I felt sums it all up very nicely – “Earning decent salary does not guarantee you a decent networth. It takes much knowledge and discipline as well.”
This is where delayed gratification plays a very important role. The inability to spend within one’s earning power have its consequences. Some of these may include having to postpone family plans.
For those interested in the full article, read here.
