Secrets of the Millionaire Mind by T. Harv Eker
Rich people manage their money well.
Poor people mismanage their money well.
“Thomas Stanley, in his best-selling book, The Millionaire Next Door, surveyed millionaires from across North America and reported on who they are and how they attained their wealth. The results can be summarized in one short sentence: “Rich people are good at managing their money.” Rich people manage their money well. Poor people mismanage their money well.”
“Poor people either mismanage their money or they avoid the subject of money altogether. Many people don't like to manage their money because, first, they say it restricts their freedom, and second, they say they don't have enough money to manage. As for the first excuse, managing money does not restrict your freedom- to the contrary, it promotes it. Managing you money allows you to eventually create financial freedom so you never have to work again. To me, that's real freedom.
ACTION STEP FOR TODAY:
Do you manage your money well?
If no, what step(s) can you take to improve that area of your life?
***EMAIL this to a friend that would love these daily reminders.***
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Quotes from: T. Harv Eker, Secrets of the Millionaire Mind (New York: Harper Collins, 2005), page 145-146.