Spend Less Than You Earn

I am amazed at how many people I meet are spending more than they earn. Many people do not follow this most golden of all the golden rules. That is, • spend less than what you earn • live within your means • do not get stuck in a ‘Hand-To-Mouth’ situation • create a little [...]

Create New Income Streams

When it comes to the “mindsets of getting rich,” you have to know how to invest wisely. Managing your money actively and wisely is important, but nothing beats having more money coming in for you in the first place. Everybody can benefit from some thought about where their income comes from and how they could [...]

Don’t Be Penny-Wise and Pound-Foolish. It Isn’t Worth It.

I have observed that wealthy people did not indulge in small pleasures and small economies. The right thing to do is to go ahead and live comfortably; set aside a certain amount to pamper yourself. This mindset is confirmed by T. Harv’s Jar Money Management concept where he suggested putting aside 10% for a PLAY [...]

Wealth Can Make You Happy, Enjoy Your Wealth, and Sleep Well

In my last post, I mentioned that Money Begets More Money. Don’t be sad. This is a fact of life. Like it or not, this is true. Money Begets More Money. Do not despise the rich. The rich will get richer (but only if they use their money correctly; we know that there are rich [...]

The Rich Get Richer, The Poor Get Poorer

I’m afraid this statement is true. So, what should we do about this? This is one of the important mindsets of getting rich. You need to first get enough money into your system; you have to first be financially free; before you can think of getting rich. But how? Have a breakthrough! How do we [...]

Turn Your Back on Money and Wealth Myths

Some of us grew up with the wrong money and wealth concepts. Some think wanting to get rich is not a good goal; that money is evil and dirty; and that rich people cannot get to heaven and other such misconceptions. I’ve even heard comments like, “I won’t be rich; if I would, I should [...]

Anybody Can Be Wealthy

Anybody can be wealthy. Money is blind – it knows no skin color, religion, or country. Anyone who has the desire to be wealthy can be wealthy. Wealth cannot discriminate or be selective. My job requires me to fly around the world and deal with distributors and customers. As such, I have seen and met [...]

Stephen Covey’s 90/10 Principle

I recently received an email from a friend who forwarded me an article authored by Stephen Covey. The title of the article is ‘Discover the 90/10 Principle’. I find this article motivational and inspirational and hence decided to publish it on my blog. Bear in mind, the rights of this article belongs to Stephen Covey… [...]