“Embark on a new vocation on part-time basis?! You must be crazy!” exclaimed an acquaintance which met me for lunch recently at a posh restaurant.
For some, doing something beyond what they are currently doing is an unthinkable option. After all, some already have their hands full with one 60 hour week job. There are also other household chores and domestic matters to attend, no forgetting needing time to rest and have some recreation. How else can they squeeze time for creating another source of income. There are also others who feel that they know “next to nothing” other than what they are currently doing. Still, some will say they have no spare cash to start another vocation.
Excuses, excuses, excuses……..hello, that’s nothing new. I have heard this countless times before.
Remember: whatever your circumstance, you are always in control. Take some quiet moments and reflect, I am sure the answers you seek will pop-up. Meditate if you need to – your inner voice will speak. Meanwhile, have a awesome day!
Showing posts with label wealth. Show all posts
Showing posts with label wealth. Show all posts
Saturday, January 3, 2009
Monday, November 5, 2007
LESSONS FROM THE MILLIONAIRE NEXT DOOR
If you want to retire comfortably, one of the must-read is the #1 best selling book “The Millionaire Next Door” by Thomas J Stanley and William D Danko. The book revealed that, contrary to popular notions, most of America’s millionaires are not the high-income people!
According to the authors, one of the key traits of America’s millionaires is that they are meticulous planners and they spend years carving their financial future. They allocate significantly more time planning, managing and studying their financial futures and investments than non-millionaires.
The other key trait of millionaires is that they understand the foundation of wealth-building is being frugal. And few live a high-consumption lifestyle and become a millionaire at the same time. Many maintain a family budget and have tight control over their expenditure.
If becoming a millionaire is that simple, why aren’t there more millionaires? Because despite the knowledge, most people don’t have the discipline to do what it takes to accumulate wealth. It’s similar to getting physically fit – most people know what is required but can’t lift the finger, so to speak!
“The Millionaire Next Door” is available in www.amazon.com. Check it out. Cheers.
According to the authors, one of the key traits of America’s millionaires is that they are meticulous planners and they spend years carving their financial future. They allocate significantly more time planning, managing and studying their financial futures and investments than non-millionaires.
The other key trait of millionaires is that they understand the foundation of wealth-building is being frugal. And few live a high-consumption lifestyle and become a millionaire at the same time. Many maintain a family budget and have tight control over their expenditure.
If becoming a millionaire is that simple, why aren’t there more millionaires? Because despite the knowledge, most people don’t have the discipline to do what it takes to accumulate wealth. It’s similar to getting physically fit – most people know what is required but can’t lift the finger, so to speak!
“The Millionaire Next Door” is available in www.amazon.com. Check it out. Cheers.
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