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Making more money doesn’t mean you have to start spending like it.
Nara Smith grew up with a father who taught her to save, invest and live below her means. Those habits have stuck so strongly that she says she’ll still go to the store herself rather than spend $20 on delivery fees.
💰 Earning more doesn’t have to mean spending more
📊 Build systems for where your money goes
🛒 Sometimes $20 is still $20
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Watch the full conversation with @narasmith and @emmagrede now on Aspire on @youtube , @applepodcasts , @spotify and wherever you listen 🎙️✨
Transcript
According to Forbes, you made about $7,500,000 last year. And I wonder how your upbringing, your relationship to money is working out now that you're actually making multiple millions as a business owner. My dad was always very frugal with money. He was always... I don't know whether it's a German thing, but it was always... He drilled into our head, saving, live below your means. He came up with this pie chart of a percentage best, okay, you can only use 20% of your income for this, 30% of your income for this. You should put this into savings and this is your living cost. It was never, oh, you're getting a paycheck, go ham and do whatever. He's very frugal about it. He always said best your money, save your money, live below your means. So that's kind of the mentality I took on and that got instilled in me. So I'm still like that. I'm like, we can't Postmates that. It's gonna be $20 in delivery fees. I'm just gonna run to the store really quick. So it really is like a balance of things.