> Mental space dedicated to watching your expenses is space you aren't using to improve your top-line.
Not inaccurate, but you have "24 hours in a day". Even if you spend 1 hour on frugality, it's not like you spend 23 on "increasing your income." Why not both?
> Stay focused on earning more money
> You'll enjoy life a lot more
Needs sources. We know that earning more is helpful up to a point, but it reaches a point of diminishing returns.
Similarly spending money can help you enjoy life, but we tend to be bad at predicting how happy any particular spending will make us. Learning this lesson and evolving our spending so that we do "enjoy life a lot more" can be well worth the time invested, even if it doesn't help us earn more.
Not inaccurate, but you have "24 hours in a day". Even if you spend 1 hour on frugality, it's not like you spend 23 on "increasing your income." Why not both?
> Stay focused on earning more money > You'll enjoy life a lot more
Needs sources. We know that earning more is helpful up to a point, but it reaches a point of diminishing returns.
Similarly spending money can help you enjoy life, but we tend to be bad at predicting how happy any particular spending will make us. Learning this lesson and evolving our spending so that we do "enjoy life a lot more" can be well worth the time invested, even if it doesn't help us earn more.