The Sacrifice You Need To Make To Build Wealth

To Sacrifice is to give up (something valued or dear) for the sake of future considerations. It's an ancient belief worldwide that if you sacrifice something today, you would get manifold of it in future. Premise of sacrifice is based on Delayed Gratification, the ability to postpone an immediate gain in favor of greater and later reward.

One common thing which all of us value and hold dear is Money! Money gives us the means to instantly gratify our needs & wants. Instant gratification is the desire to experience pleasure or fulfillment without delay or deferment. Its the opposite of desirable.

So does sacrificing money means to do charity? That is one way, but I am not going to discuss that here. What I am suggesting here is to lock some money with discipline into Investments. Invested money is form of sacrifice! Imagine number of things that we could have done with the money in our hands now. We have sacrificed all that in favor of greater and later reward. Investment habit is a form of delayed gratification.

By sacrificing your current wants you make provision for your future needs! For example retirement planning. You are earning well in your job or business. You have a created a lifestyle today. Retirement planning is making provisions to maintain or better your lifestyle in future without working for it.

Leaving you with a clipping from an interview of Kapil Dev, his words toward the end are hard hitting, do watch.

You can watch the entire interview here

You can contact me here