“To those who use well what they are given, even more will be given, and they will have an abundance. But from those who do nothing, even what little they have will be taken away.” – Matthew 25:29 (NLT)
Brian Tracy wrote a chapter on the “laws of money” in “The 100 Absolutely Unbreakable Laws of Business Success” and one particular passage caught my eye:
“Money tends to flow toward people who can use it in the most productive ways to produce valuable goods and services and who can invest it to create employment and opportunities that benefit others.
At the same time, money flows away from those who use it poorly or who spend it in nonproductive ways.”
In short: You get more money when you use it well and you lose money if you use it wastefully.
That key idea seems obvious, but it’s mostly ignored by a lot of people, similar to how smokers know that smoking is bad but continue to do so anyway even if they wish to have good health.
Most of us know that wasting all our money on certain things is bad, but we do it anyway even if we someday hope to be rich.
What’s worse is, many of us don’t even know that we’re spending money unwisely!