Our earned money is basically our invested time, that we will never get back.

The time we spend working, we don't spend with family, friends, hiking, travelling, etc...

But we need money to eat somewhere, to live somewhere, for our basic needs, not even mentioning our non-basic needs.

So at the end, life is a balancing act between earning and spending.

But we have a way to gradually increase our earning, without increasing our working time, or decrease our working time without decreasing our earnings.

This is #saving&investing

When we invest our earned income, instead of spending, we can get a yield for it. This yield could be considered as our extra income. And the more we invest, the more yield we will get.

If we save enough money, the yield of our investments can replace our original income, and we can stop working.

Disclaimer: this is only a basic idea. This is more nuanced than explained.

#frugaltip #frugalism #frugal #minimalism #minimal #grownostr #nostr #coffee #plebchain #fire #financialindependence #lifestyle #savemoney #moneysaving