Common sense dictates that if you are poor and start living like a rich person, you will eventually become rich. By the same token, if you are rich and start living like a rich person, you will eventually become poor.
So what are the things that Rich People Do? Dr. Thom Stanley takes a look at the lifestyles of the wealthy over ... Read more
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There was a long term study of graduate school students completed between 1960 and 1980 by Srully Blotnick, an American author. In that 20 year period, he studied 1,500 people and grouped them into two categories.
Category A people said they wanted to make money first so they could do what they really wanted to do later - after they had taken care of their financial concerns. Category B people pursued their true interests first; sure that money would eventually follow. Of the 1,500 graduates in the survey, the Category A's, who wanted money now, comprised 93% or 1,245 graduates. Category B risk takers made up 17%, or 255 graduates. After 20 years there were 101 millionaires in the group. 1 came from category A, 100 came from category B. dream jobWe've all heard that we need to 'follow our hearts', but have you ever heard that and thought something along the lines of "no one likes their job", "I make good money here though", "it's too risky and I'm too scared to do something on my own", or "I can't make money working for someone else?" "No heart has ever suffered when it goes in search of its dreams." - Paulo Coehlo Somewhere during the past few thousand years our careers changed from something that we do to make a difference in our lives because we really enjoy it, to something that we do because we need the money. For the life of me, I can't figure out why so many people continue to work somewhere because they make 'good money' but hate going to work every day. Maybe it's time you really thought about following your heart, and trusting that the money will follow. That might include starting a business, taking a few months break from your current job to think your life through, or simply devising a plan to do what you really want to do and follow through. "Life is either a daring adventure or nothing at all." - Helen Keller
If you're like me, then you may continually be looking for ways to teach your children valuable life lessons. I only know of a handful of topics that are as important as money.
If you love your kids enough to arm them with th... People often apply for a loan without properly considering what difference the rate of interest makes, they will often take the first loan offered to them, without a thought as to, if they could have saved mo... College students often find themselves paying only the monthly minimum payment on each of their credit cards due to limited funds. It is not uncommon however, paying only the minimum payment can lead to outrageous interest accum... If you have ever struggled with your own money management issues, you probably know how difficult it can be to deal with personal finance issues. If you have made it to the light at the end of the tunnel, and have been able to o... Retirement is the point where a person stops employment completely. A person may also semi-retire and keep some sort of retirement job, out of choice rather than necessity.
To some, this is the end of the road of years of he... Do you use a checking account? You may be paying too much for the use of a checking account and could be saving bundles by switching or eliminating the use of a bank checking account altogether.
If you want to save money b...
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