On average, millionaires invest 20 percent of their household income each year.
--
Ramit Sethi
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Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.
Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each.
A typical millionaire lives in a middle-class home, drives a two-year-old or older paid-for car, and buys blue jeans at Wal-Mart.
Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this.
Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this.
I tell everyone never to take more than a fifteen-year fixed-rate loan, and never have a payment of over 25 percent of your take-home pay. That is the most you should ever borrow.
If you invest $464 in a good mutual fund every month from age thirty to age seventy, you'll end up with more than $5 million.
The average millionaire can't tell you who got thrown off the island last night.
Winning at money is 80 percent behavior and 20 percent head knowledge.
Social security was never intended to be a retirement plan. At most, it was designed to provide an income supplement.
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