Tag Archives : long term planning


Pay Yourself First is the Key to Wealth! 3

All fundamental wealth begins with paying yourself first. Unless you are going to inherit the money or win the lottery or get lucky somehow, all fundamental wealth and financial security begins when you decide to pay yourself first. You need to decide that when you go to wrk, the first person that is going to be paid is you. Not the government, not the credit companies but you. Once you make this decision, that is when it all changes. Pay yourself first is the idea that that you should routinely and automatically put money into a savings account before anybody else gets their hands on it. This means that you […]


Why Am I not Rich? Here’s a clue!

When many people think of why they are not rich, the first thought that comes to their mind is that they simply do not earn enough money. But whilst your earning power is an important factor in becoming rich,  it is not the only way. Many millionaires alive today have instead chose a difference path – to spend less. According to the best seller, the Millionaire Next Door by Thomas J Stanley, many millionaires became millionaires because they lived frugally. When most people hear the word frugal, many assume this to mean cheap. But these millionaires are by no means cheap, they are economical about how they spend their money. […]