Spending money is an addiction most people suffer from and do not realise. If you remember what I said in part one of this series of delayed gratification, building a successful business or building wealth especially in the early days is really about discipline and if you are not grounded as far as expenditure is concerned unfortunately for you my friend building an empire may be difficult. I have seen people who constantly spend on designer gear yet struggle financially or even deny their family good whole foods, all in the name of keeping up appearances and trying to please people. These same people will gladly ask for a money from someone else with no accountability to their own expenditure. You can’t be trying to build wealth and yet remain undisciplined because not only will your future be bleak but you are not exactly setting up a good starting platform for your children and many generations thereafter.
What is your weakness and what are you spending your money on?