Sunday, January 21, 2018

Billionaires let their money grow by investing them



Albert Einstein said, “Try not to become a man of success, but rather try to become a man of value.”


Billionaires have never defined themselves by how much they are worth. In fact, it is more common to see very rich people dress simply in jeans and a shirt rather than in a coat and tie. 


When you first receive your paycheck at the end of the month, what are the first few things that you do with it? Do you spend before you save, or do you save before you spend? 


If you are just winging it by just spending what you wish while leaving a reasonable amount for what you call savings, this could be one reason why you have trouble saving money.

Once upon a time, there was an old man who used to go to the ocean to do his writing.He had a habit of walking on the beach every morning before he began his work. Early one morning, he was walking along the shore after a big storm had passed and found the vast beach littered with starfish as far as the eye could see, stretching in both directions. Off in the distance, the old man noticed a small boy approaching.  As the boy walked, he paused every so often and as he grew closer, the man could see that he was occasionally bending down to pick up an object and throw it into the sea.  The boy came closer still and the man called out, “Good morning!  May I ask what it is that you are doing?” The young boy paused, looked up, and replied “Throwing starfish into the ocean. The tide has washed them up onto the beach and they can’t return to the sea by themselves.  When the sun gets high, they will die, unless I throw them back into the water.” The old man replied, “But there must be tens of thousands of starfish on this beach. I’m afraid you won’t really be able to make much of a difference.” The boy bent down, picked up yet another starfish and threw it as far as he could into the ocean. Then he turned, smiled and said, “It made a difference to that one!”


http://refinancegold.com/make-money/5-golden-money-advice-billionaire-businessmen
https://www.sde.idaho.gov/academic/ela-literacy/files/exemplar/grade-08/boy/The-Boy-on-the-Wooden-Box-Starfish.pdf

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