Wednesday, May 18, 2005

Seven Secrets to Money Success - Number 1.

Make money work for you, don’t work for money Many people spend all of their life selling their time for money. This means they remain an employee and spend most, if not all, their money on supporting their lifestyle. As a consequence they do not invest their money into opportunities which will bring them passive income. They work hard, spend hard and never have anything to show for it. This is like the person who makes a little out of a lot. Contrast that to the person who makes a lot out of a little. This is the person who invests their money into income producing capital and over time their small amount turns into a lot. They truly have turned the tables. They start out in life working for money and end their life having money work for them.

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