KEY TAKEAWAYS
If you categorize every purchase you make as an asset or a liability, you will lose your damn mind.
INSTEAD: Simply considering the concept of whether something you buy is an asset or a liability encourages you to be more mindful with money: whether there are any alternatives you could buy or any ‘better’ ways to spend your money.
The end goal is to not have to work for your money; Think of saving not as a chore, but rather as a way to unlock your own financial freedom.
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