469. Education

"It is better to spend a few thousand Euros more on your children's education than to leave it to them in your will." -George Elliott.
Once you have determined that a course would be valuble, sign them up then find the money to pay for it.

462. More Advice from Alan Alda

When they offer you fame without the money, dont take it. It's a scam.

317. On Spending Money

"For every Euro you spend, remember this : You will only ever get one chance to spend it. Make sure that you use that one-tine-only chance wisely." -The Motley Fool

201. Ivan Misner's Game Plan

Ivan Misner is a master networker and founder of the worldwide business group called Business Network International (BNI). The philosophy on which this group is based is summed up in the two words "Givers Gain". This is a co-operative group and an excellent model for how you should treat other people. His Game Plan or strategy for networking is as follows :-

1. Remain Curious. Ask questions and listen to the answers. People love a good listener who is interested in what they do.

2.Learn from everybody. Talk to people at all levels because everyone can teach you something.

3. Cultivate contacts with people in power. They can bring you ideas, support and opportunities. Cultivate people who enjoy making money. Cultivate those whose hearts and interests are like your own.

4. Enjoy the journey

88. The Purpose of Your Financial Education - Your Financial I.Q.

Your financial education is a tool box that allows you to convert the maximum possible percentage of the money you earn by working at your profession into capital that will provide you with life-long wealth and security.

The purpose of educating yourself financially is to raise your Financial I.Q.

Financial I.Q. is not about how much money you make but about how much you keep and for how long and how hard it works for you.

You know that your Financial I.Q. is increasing when your money is buying you more freedom, happiness, health, fun and choices in life than before. The reason people say that money is power is that it gives you more choices.

Remember, the more you NEED money, the less power you have. You have power over money - never become a slave to it.

It is a grave mistake too, to ever think of yourself as poor. If you have no money, you are merely broke. Being broke is temporary, being poor is eternal. Remember this because it is a very important distinction.

Never say "I can't afford it." Rather, you should ask yourself "How can I afford it?" This has the effect of forcing your mind to focus on the solution, not the problem an to think for its self. The other way leads the mind to accept the statement and give up trying.

72. Charity and Bequests

Whoever leaves money in his will to charity is only giving away what no longer belongs to him. It is good to leave money to charity in your will but it is better to give time money and effort to good causes while you are alive.

3.There is no Wealth but Life Itself

All the wealth in the world is no good if you are ill or dead. You should have a disciplined approach to all your monetary affairs and always work to maximise your wealth. This MUST be combined with a healthy mind in a sound body. You should read a little philosophy or scripture every day to keep your mind clear and exercise every day to keep your body healthy. Walk, Swim and train in your Martial Arts. The Martial Arts will help you to protect your body from injury. Meditate, eat well, exercise properly and get proper sleep. These will keep you healthy throughout your life so that you can enjoy the wealth that you earn.