Skip to main content
Fortunate is the person who has learned that the most certain way to get is to first give, through some sort of useful service.

It is better to sacrifice during the age of youthfulness, than it is to be compelled to do so during the age of maturity as all who have not developed the habit of saving generally have to do.

I am thankful that i was born poor that i did not come into this world burdened by the whims of wealthy parents, with a bag of gold around my neck.

Forming the savings habit means that to some extent at least, you must seclude yourself from all except a well selected group of friends who enjoy you without elaborate entertaining on your part.

To admit you lack the courage to trim down your expenditures so that you can save money, even if only a small amount, is the equivalent of admitting at the same time a lack of the sort of character that leads to success.

It has been proved, times too numerous to mention, that people who have formed the habit of saving are always given preference in positions of responsibility.

The saving of money not only adds advantages in the nature of preferred employment and a larger bank account, but it also increases the actual earning capacity.

Any business will prefer to employ a person who saves money regularly, not only because that person saves money, but more because of the characteristics possessed by such a person which make him or her more efficient.

It should be a common practice for all business to require all employees to save money. This would be a blessing to many who would not otherwise have the willpower to form the savings habit.

Henry Ford has gone a very long way, perhaps as far as is expedient, to induce his employees not only to save their money but also to spend what they do spend wisely, and to live sanely and economically. The manager who induces their employees to form the habit of saving is a practical philanthropist.

Opportunities that come to those who have saved money.

Most people in business will not trust another person with their money unless that person has demonstrated an ability to take care of their own and use it wisely.


Comments

Popular posts from this blog

 Loss is painful, guilt can be devastating. Worse than losing one's dream is the knowledge that the loss was self-inflicted. Problems are solutions that have outlived their usefulness. Problems are pattern that were learned in emotional circumstances during one period of life and that now have taken an existence of their own. Many times, outdated solutions replay themselves in a variety of life situations, leaving people mindlessly repeating their mistakes in work, love, and trading. There can be no free will for people who are locked into patterns developed for past challenges. Successful traders are therapists both learn to do what comes unnaturally. The resolution to problems can be found in what people are doing when those problems are not occurring. The problem with many traders is not that they have problems, but that they are focused on their problems. It is this problem focus that prevents them from appreciating what they are doing right, that blinds them to solutions alrea...

Three Choices

When we are unhappy and our Life Conditions do not match our Blueprint, we have three choices as to how we’re going to handle the challenge: First Choice: Blame The first choice people have is to assign blame, and there are three things you can blame: a) Event . There’s a story, something that happened, behind why things are the way they are. However accurate the story may be, blaming an event is convenient because it helps preserve an identity designed to shield us from our true fears: fear of failure and fear of not being loved or accepted. b) Others . “I’m in this situation because this person …” Similarly, the story may be true, but it’s convenient and gives you comfort in the moment. “There’s nothing wrong with me. It’s this other person. There’s nothing I need to change.”  c) Yourself . Most people think that this is being responsible, but blaming yourself will not make it better. There’s a difference between responsibility and beating yourself up—between “Here’s a pattern th...

Wealth File #15 Rich people have their money work hard for them. Poor people work hard for their money

Working hard is important, but working hard alone will never make you rich. Rich people can spend their days playing and relaxing because they work smart. They understand and use leverage. They employ other people to work for them and their money to work for them. You do have to work hard for money. For rich people, however, this is a temporary situation. For poor people, it's permanent.. Rich people understand that "you" have to work hard until your "money" works hard enough to take your place they understand  the more your money works, the less you will have to work. To win the money game, the goal is to earn enough passive income to pay for your desired lifestyle. In short, you become financially free when your passive income exceeds your expenses. Rich people think long-term. They balance their spending on enjoyment today with investing for freedom tomorrow. Poor people think short-term. They run their lives based on immediate gratifications. To in...