Posts Tagged ‘build’

“We inherit our temperament, but we must build our own character.” -Unknown

Advertisements

“Many Americans – average folks working to build a comfortable life – assume the ‘rich’ have a secret.  It seems they know something about ‘how the world works’ that the rest of us don’t….  It turns out, the wealthy do harbor a secret – three of them, in fact….  And these secrets not only build wealth, they allow you to use it to live the life that you want to live….

You don’t need to be rich, though.  You don’t need to pursue money at all costs.  But having financial stability gives you freedom.  Reducing stress improves your health.  And understanding how to manage your income makes for better relationships with your family and loved ones.

Tenet No. 1: Save Religiously.  Tenet No. 2: Invest for the Long Term.  Tenet No. 3: Obsess About Risk

Only by following all three of these tenets can you successfully set yourself free from living paycheck to paycheck.  If you were to find folks with enough cash to live how they’d want to live, you’d find almost all of them followed these tenets.” -David Eifrig

“You work a job to make money.  You work a career to build something you value.  A job is something you do to make money.  A career is a life’s vocation.  With a job, you are always thinking about the time you won’t be working.  With a career, you are always thinking about the career even when you aren’t working….  The litmus test for determining whether you have a job or a career is this question (suggested to me by Gary North many years ago): If you could afford to, would you do it for free?” -Mark Ford

Poverty Cure

Posted: June 10, 2016 in Economics
Tags: , , , , , ,

“You can’t cure poverty with money….  That’s because money is just a tool.  Just as you can use a hammer to build a house or tear one apart, you can use money to build wealth or to destroy it.  It all comes down to the wherewithal of the ‘wielder’.” -J. Reeves

Income Spent

Posted: June 4, 2016 in Money Matters
Tags: , , , ,

“Making more income is the best way to build wealth, so long as you don’t spend it as fast as you make it.” –Mark Ford

“In a normal, healthy economy, people work, save, invest, and build real wealth one dollar at a time.  But today’s dollar is different.  And the economy is different, too.  It runs on credit, not real savings, and builds debt – not wealth.” -Bill Bonner

Good Intentions

Posted: September 28, 2015 in Thought for the Day
Tags: , , ,

“Begin somewhere; you cannot build a reputation on what you intend to do.” -Liz Smith