Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones. — Ben Franklin
We’re about personal financial freedom and spending is, of course, one important arm of our financial 
freedom plan. The other two are making money and investing your money.
More and more people are reading and researching ways to save money; it’s called frugal living. But, I like to call it “smart spending,” just as I like to refer to Online Investing AI as smart investing. I am concerned that the drift to being frugal is driven by an emotion that is just as negative as greed: fear. Millions of Americans walked away from good investments during the 1930s because they were afraid to spend money. Millions passed on the stocks of great companies because they were afraid of the stock market. Millions of Americans rented because they were afraid to hold a mortgage.
These were costly, costly mistakes.
If you are cutting back on your spending because you are afraid or because you view the world as limited, you’re sending subtle, but strong signals to your habits and your reality.
Becoming a smart spender is simply a more rational way to approach the other side of your personal finance budget. You should spend and invest so that it meshes with your values. Spend money on things you enjoy. Spend money on people you love.
And this is a good time to explore these values. Are you buying that car because you like its performance, or because it will impress your friends? Are you adding that dress to your wardrobe because of its fit and comfort, or because of the designer’s name on the label?
Regardless, your financial choices shouldn’t be an attitude of lack or limitation, just a preference, to how you control your financial destiny.
Investing, Money, Online Investing AI
frugal, frugal living, smart spending
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
