"Wealth is what you accumulate, not what you spent" - Thomas Stanley, The Millionaire Next Door
Hard-work, perseverance, planning, goal oriented, self-disciplined
Like all sports, must learn to play offense (earning) and defense (saving)
Know the difference between Income and Wealth.
Don't be a cowboy with "big hat, but no cattle"
Taxes are the greatest expense of your life time.
Concentrate on building cashflow over realized income.
Thursday, December 31, 2009
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