A man lost everything, rebuilt through disciplined investing, then got complacent and nearly lost it again. He warns that success can make you abandon the habits that created it. Wealth lets you live better, not recklessly.
Chapters
but I stopped valuing every single dollar. In my experience, what began to happen is that I was making some good money and I was growing some wealth and I was investing strategically and the system was working. This is after I'd lost everything and started all over again. But what started to happen is that I got complacent. I got complacent and I stopped doing the very things that got me into the position of wealth that I created in the first place. Now this isn't to mean that you should be building wealth living on baked beans and rice. That's not fun, right? It's all about building wealth to support and expand the experience of life you want to have. So you're continually growing and compounding and expanding your wealth. But the important thing is don't be stupid.