Becoming Financially Independent

Posted: April 25, 2013 in Money Matters
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1.       “The first thing you must do is accept the fact that you are solely and completely responsible for your current financial situation.

2.       The next thing you must do is set realistic expectations.

3.       The third thing you must do is thoroughly understand the difference between spending, saving, and investing.

  4.     The fourth thing you must do is recognize that your net investible income (the amount of cash you have after spending and saving) is the single most important factor in determining how quickly you will become wealthy.”

Mark Ford     The Palm Beach Letter    April 24, 2013

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