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Showing posts with label planning. Show all posts
Showing posts with label planning. Show all posts

Wednesday, August 10, 2011

484. Financial Freedom

Work every day towards your financial freedom. Each day take a new step along the path that you have planned out to create financial freedom for yourself, even if it's a negative one like cutting up that high end credit card. Rather than putting yourself to work for money, put your money to work for you. Working for money is a necessary evil sometimes but you should always aim for making an investment at least once a month. "Profits are better than wages." -Jim Rohn

Tuesday, March 29, 2011

359. Differences between the Rich and the Poor

The Rich keep getting richer and the Poor poorer because the each keep on doing what they have always done. Take all the wealth in the world (which, incidentally, is concentrated in the hands of about 5% of the population) and re-distribute it so that everyone has an equal share and within a few short weeks, it would end up again in the same hands, for the same reason.

"Rich" and "Poor" are not genetic or mathematical conditions although they can be measured mathematically, rather, they are states of mind.  One primary difference between the rich and the poor is that the poor say "I can't afford it." much more often than the rich do. (Instead they should be ASKING the question : "How can I come to afford it ?")  The first sentence on your list of forbidden statements ought to be "I can't afford it".  In planning your life and career, do not, like most people, plan to be poor or fail to plan at all. Plan, instead, to be wealthy. Plan your life so that you will retire young and rich. Always remember that retirement is not a function of your age but of your wealth.

Saturday, January 22, 2011

321.Doing the Right Work

Make sure that for as long as you are working, you are doing the RIGHT work. This is the same as making sure that the ladder you are climbing is up against the right wall. Plam so that it is.