Thursday, November 13

7 Rules of Wealth Building

Wealth Building Rule 1: Put Off Marriage "Yikes"

The author argue that you should get your financial life in order before you get married.

In some cases you will be 40yo until you get married, by then you may not want children. I have to disagree -put marriage first, love can always outweigh money. You can always make up for the money you lost. Not the same with love.


Wealth Building Rule 2: Debt is a Disease
-- true. Get rid of it, because debt gets in the way of wealth building



Wealth Building Rule 3: If You Don't Like Where your Parents Were at Your Age - Do Things Differently "I like" do the opposite.


Wealth Building Rule 4: When you Begin a Job, Look at the Pay of the Highest Employee

I did this, and it does make you focus on wealth-.........This will give you an idea of how high you can expect to climb



Wealth Building Rule 5: Do Something You Love and Get Paid for It- then you will never dread going to work. I actually love what I do, computer technology and blogging, love doing both!

Wealth Building Rule 6: Understand the Money Myth


Wealth Building Rule 7: Your New Commodity is Not Your Labor, It's Your Ideas

"..........you are no longer limited to supporting yourself or making a living by your physical labor. The only limit you have on yourself now is your own imagination - your ideas are the most valuable thing you possess"


Although, I do not agree with all the rules, this is something worth reading

Joshua Kennon, wrote these rules on About.com

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