Tuesday, April 19, 2011

Excerpts from articles on being rich

Lately yahoo has been posting a few articles on how to save and being rich.
Below are a few things that I've learnt:

"Wealth Is What You Save, Not What You Spend"

"Wealth is more often the result of a lifestyle of hard work, perseverance, planning, and, most of all, self discipline"

"Income alone does not make one rich"

"Don't look to debt to fund your lifestyle"

"Live below your means:People with high incomes who spend all that money are not rich; they're just stupid."

"credit-card debt for luxury purchases or extravagant vacations will never pave a road to riches"

"Have access to Cash: While the rich keep much of their wealth invested, they can get cash when they need it."

hope these bits help

Wish me Luck

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