Saving and investing is super simple: stop overcomplicating it

I’m gonna make this short, sweet and to the point.

Investing is just like burning fat and getting lean: it’s about spending less than you earn, investing the difference, and repeat.

It’s about consistency and dedication.

That’s it. There’s no magic bullet or next “make money online” scheme that will make you rich.

Let’s fact it; not everyone can become rich by starting a business. I’m not saying you can’t build a business. But everyone, and I mean everyone should have the foundational knowledge, wisdom and habits of building wealth.

Here’s what you need to do to become wealthy:

• Firstly, live below your means. Reduce your expenses to increase your savings rate.
• Invest that savings into a low-cost ETFs. Don’t overcomplicate your ETF selection choice. There’s ZERO reason to invest into 50 different ETFs. I’d say invest into VTS (which tracks the US total stock market) and VAS (tracks the top 300 companies in Australia). That’s it!
• Keep doing that for 10-15 years.

Now I know this might seem boring. And 10-15 years might sound like a long time.

But look back on the last 10 years, and think about how fast time flies. How fast your life has gone by in a blink of an eye.

Truth is, most people live like rats, letting their bosses dictate how they spend their time. Letting their day jobs suck out all the time they have.

And unlike a business where you might not see any results after 10 years of grinding your ass of, it’s pretty much a guarantee that as long as you consistently save and invest, you will become wealthy.

Now I said building wealth was simple, I didn’t say it was easy. If it was, everybody will be financially free.

So it’s for you to decide whether you want to live your sh*tty mediocre life, or take action, step up and take control of your finances, your future, your wellbeing and your life.

The best time to start was tomorrow; the second best time is to start now. So make that first step.