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September 11, 2018

Is Financial Freedom Obtainable?

With a few simple principles mastered, it is amazing how simple it will be as long as it has a serious commitment.

Clauson, in The Richest Man in Babylon, gives us "Seven Cures of a Lean Purse." It is useful to examine them at this time.

1. 10% of all I earn is mine to keep.
2. I will learn to live comfortably on 90% of my income.
3. Put my money to work earning more money, and that money to work in turn.
4. Guard my money against loss. Know about what I do. (Knowledge)
5. Own my house.
6. Provide in advance for my old age and the needs of my family.
7. Cultivate my own powers. Become wiser and more skilled.

We will discuss these in greater detail, but for now, begin to make them part of your thinking.

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