Although this quote is centuries old, it is still relevant. It was instrumental in my FI journey.
The biggest lever I used on my FI journey was not Earnings or Investments but good old Savings. As I was on the path to save more and more, I learned that frugality is a great virtue. Not only does it lead to a low cost of living, but it is also a sustainable way of living.
On the flip side, there is no limit to one’s wants and desires. No matter how much someone earns, if they cannot control their spending, it does not matter. They will never be Financially Independent.
A life spent craving for more and more is a poor life indeed.
It is not the man who has too little, but the man who craves more, that is poor.
Seneca