SPEND MONEY AND PRETEND TO BE RICH, OR SAVE MONEY AND ACTUALLY BE RICH?

Question:

My sister complains about never having enough money, but she constantly buys miscellaneous items and hopes she’s just going to miraculously become rich one day. She could have saved the money she spent on useless items and made worthwhile investments. What should I do?

Answer:

Exactly right! Incremental investments in your future are far more beneficial than petty purchases. Show her what her reward would be if she invests that $5 in herself.