Secrets to wealth

Jul 28, 2010

Change the way you think about money. People have a love/hate relationship with wealth.

Change the way you think about money. People have a love/hate relationship with wealth.

They resent those who have it, but spend their entire lives attempting to get it for themselves.

The reason a lot of people never accumulate a substantial nest egg is because they don’t understand the nature of money or how it works.

S Understand power of small amounts. The biggest mistake most people make is to think they have to start with an entire Napoleon-like army.

They suffer from the “not enough” If they aren’t making $1,000 or $5,000 investments at a time, they will never become rich, they argue.

S Each saving you make gets you freedom. Since money has the ability to work in your place, the more of it you employ, the faster and larger it will grow.

Along with more money comes more freedom - the freedom to stay home with your kids, retire, or the freedom to quit your job.

S Study and admire genuine success and emulate it. Pick the traits you admire and dislike most about your heroes, then do everything in your power to develop the traits you like and reject the ones you don’t.

Mould yourself into who you want to be and invest in yourself.

From beginersinvest.about.com

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