Mokokoma Mokhonoana: Invest
on Wednesday, August 4, 2021Mokokoma Mokhonoana Money Quote saying few live below their means and fewer still save and invest the excess. Mokokoma Mokhonoana said:
“There is no law against living below your means (and then saving and/or investing what is left)” — Mokokoma Mokhonoana
Share the Mokokoma Mokhonoana Money quote image above on your site:
Short Link to this Quote:
This quote suggests that there is no legal prohibition against choosing to live on less money than one earns through their work or business endeavors. Mokokoma Mokhonoana seems to be pointing out that individuals are free to live frugally and modestly while putting aside or investing the surplus funds that remain after covering living expenses.
In other words, according to this perspective, no law prevents people from living below their means financially as a way to accumulate savings or grow wealth over time through strategic saving and investment of excess income. The quote implies that this can be a viable strategy for building long-term financial stability and security.