10 Things You Need to Sacrifice to Become Rich
When I reached the ripe age of 20, I made a bold decision to become a millionaire, despite being born into humble beginnings. But let me tell you, making such a decision was only the first step on a long and winding road to wealth.
I knew that if I truly wanted to achieve financial success, I would have to make some serious sacrifices along the way. And let me tell you, it was no easy feat. But in the end, it was all worth it.
In this story, I’m going to share with you the 10 things I had to sacrifice in order to achieve my dream of becoming a millionaire.
Sacrifice Material Possessions
For over a decade, I stuck to a strict rule: if it wasn’t essential to my existence or business, I wouldn’t buy it. That meant no flashy gadgets, no designer clothes, and no extravagant watches. My philosophy was simple: make money, invest most of it, and manage what’s left.
Sure, there were times when my wife and I were flat broke, despite earning more than most people. But that’s because we invested almost everything we made. Sacrificing material possessions wasn’t easy, but it was a small price to pay for our long-term financial freedom. After all, would you rather be a lion for a day and be respected for a lifetime, or a sheep with no honor for the rest of your days?
As Robert Kiyosaki once said, “Rich people buy luxuries last while poor people buy luxuries first.”
If you want to build wealth, you must have the discipline to sacrifice temporary pleasures and invest a significant percentage of your income.
Upgrade Your Circle
Life is too short to waste time with people who don’t inspire you to be your best self. So, I made a decision to cut ties with the truly poor people — those who lack ambition. Hanging out with folks who complain and make excuses only brings you down.
If you hang out with people who are not ambitious, you won’t be ambitious. If you hang out with people who expect the economy to be better before they’ll be rich, you’ll do the same. It’s time to upgrade your circle and surround yourself with people who are driven to succeed.
Give Up TV and Social Media
I never bought a TV set in my entire life, and last year, I deleted my only social media account. But why? Well, it’s simple. Social media and TV are too interesting for their own good. If you want to be rich, you have to be careful about things that distract you because if anything is too interesting and it doesn’t make you money, it’s taking away money from you.
The reason why you can spend hours in front of the TV set or check your Instagram and Facebook profiles multiple times a day is because it’s interesting. But, the problem with this is that the real stuff in life is often tough and bitter. If you want to be rich, you have to be willing to do difficult things and take action. So, should you delete all your social media profiles? No. But, should you reduce the time you spend on social media and TV? Absolutely, if you want to be rich.
Sleep Less, Achieve More: The Simple Rule for Success
Let’s face it, we all love sleep. The warm embrace of our blankets and the feeling of drifting off to dreamland are irresistible. But if you want to succeed in life, you have to sacrifice some of that precious shut-eye. I’m not saying you have to wake up at the crack of dawn, but you should strive to sleep less than most people or wake up earlier than them. It’s a simple rule of thumb that can help you gain an edge in life. So, don’t be afraid to sacrifice some sleep for your dreams.
Now, I’m not suggesting you start sleeping for only three hours a night. That would be ridiculous. But, if you’re one of those people who sleep for nine hours a day, you might want to reconsider. Sacrificing some sleep can make all the difference in achieving your goals. So, the next time you find yourself snoozing the morning away, ask yourself, “Is this worth sacrificing my dreams for?” The answer, my friend, is up to you.
Ditch the Blame Game
Growing up, it seemed like everyone around me had a list of people and things to blame for their struggles — the government, the economy, and their parents. But when I hit 17, I decided to break free from this mindset. Sure, blaming others might make you feel better in the moment, but it won’t actually solve your problems. If you truly want to be successful, you have to take full ownership of your life and stop waiting for someone else to fix things for you.
The truth is, nobody is going to hand you success on a silver platter. If you want to achieve your dreams, you need to roll up your sleeves, get to work, and be willing to make sacrifices along the way. So, forget about pointing fingers and focus on what you can control. By taking responsibility for your own lives, you can unlock a world of possibilities and achieve things you never thought possible.