@John Wijtenburg spend money to make money would be better stated “spending money on assets will make you money”. It does not mean you need to lack discipline to make money.
I’m not sure why so many try to separate the concepts of frugality and investing. The fastest way to wealth is when the concepts of frugality and intelligent investing are married.
True, you need to spend money in a biz on marketing or assets to make money.
True a penny saved is a penny earned.
False, spending money like you are wealthy now will make you wealthy.
False, being frugal is a scarcity mindset.
It’s not about the cup of coffee at Starbucks, it’s about discipline. Can you budget your cup of coffee ? If so fine, but know that a lack of control will make your account porous.
Make a budget so you live well within your means. Budget in some nonsense like coffee if you want. But stick to that budget and save as much as you can to INVEST in investments that will make you more money that you can then SAVE and SPEND later on investments.
I think I’ve said the same thing 5 different ways now so I’m done for the night.