Posts Tagged ‘accumulate’

Wealth Trick

Posted: April 4, 2018 in Money Matters
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You need to live below your means to accumulate wealth. There’s no backdoor trick around that fact.” -David Eifrig

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“Your retirement… and wealth that you accumulate across your lifetime… depends almost entirely on just one factor: Your savings rate.  It doesn’t matter whether you make $30,000 per year or $300,000.  It’s all about the percentage that you can save.” -David Eifrig

Spent Wealth

Posted: November 22, 2014 in Money Matters
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“Wealth is what you accumulate, not what you spend.” -Thomas J. Stanley

Life of Habits

Posted: July 18, 2014 in Thought for the Day
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It seems, in fact, as though the second half of a man’s life is made up of nothing, but the habits he has accumulated during the first half.” -Fyodor Dostoyevski

Why Wealthy

Posted: December 18, 2013 in Money Matters
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The skills necessary for building wealth – including the habits and the customs that allow you to hold onto it and pass it along to the next generation – can take a long time to accumulate.  Why are the Swiss so wealthy, for example, and the Bolivians… or the Zimbabweans… or the Albanians… or the Baltimoreans… so poor?  The Swiss have the habit of wealth; the others do not.” -Bill Bonner