An important factor about whether you do well with #money is not necessarily whether you budget or anything else like that.

An important component of doing well with money is to detach from the outside world, such that you do not worry about what other people think about your decisions. Moreover, you live a modest lifestyle that is incongruent to how most people actually live.

It means living far below how people “expect” you to actually live. And doing this for a very long time.

It takes a decade or more by the time that you can actually reap the benefits of living well below your means.

Most people find this spectacularly difficult to do.

It takes courage to live a modest lifestyle. However, you reap the benefits many years down the road if you can.