Supply and Demand

(from "The Wealth Formula by B &J Lane)

Most wealthy people are frugal—to some degree—but not all are penny pinchers. Frugality is the natural byproduct of being focused on a goal, almost like the successful dieter who can avoid overdoing it on the treats they used to crave. The successful wealth builder has learned to direct their money toward what they truly value.

Wealth building has two sides to it—the supply side—your ability to make money—and the demand side—your expenses. We call this the “wealth formula.” The wealth formula is the key to building wealth. Anybody can become rich by discovering their own wealth formula, and managing both the supply and demand side of their finances. Once you know where your control lies, you will be able to create your plan for wealth.