Earnings - Spending = Savings....if you are a full time trader
1. EARNINGS - Inconsistent....depends on market conditions
.
2. Spending - Controllable & it depends....
Example :-
One pair of Levi Jeans, bought 10 years ago....
Today, still very good conditions & still wearing....
Other than necessity....zero spending
.
Saving is inconsistent because of inconsistent earnings
Earnings - Spending = Savings....if you are a full time trader
1. EARNINGS - Inconsistent....depends on market conditions
.
2. Spending - Controllable & it depends....
Example :-
One pair of Levi Jeans, bought 10 years ago....
Today, still very good conditions & still wearing....
Other than necessity....zero spending
.
Saving is inconsistent because of inconsistent earnings