Wednesday, June 20, 2007

Secrets of the Millionaire Mind - PART II - The Wealth Files #14

Rich people manage their money well. Poor people mismanage their money well.

- Managing money does not restrict your freedom, it promotes it.

- The habit of managing your money is more important than the amount.

Money Management Method:
> Financial Freedom Account (deposit 10% of every dollar you earn into the fund, to be used only for investments and buying or creating passive-income streams, when retire, start spending the income generated from the fund, but not the principle itself)

> Financial Freedom Jar (Like attracts like, money attracts more money)

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