Back to School at FamilyEducation.com
Home > Mom's Life > Family Finances > Family Budgets > Basic Rules for Financial Freedom: Make Wealth Happen

Slideshow Iconslideshows MORE

|

Basic Rules for Financial Freedom: Make Wealth Happen

12 of 15
womanpatientlylookingatpiggybank

Think Long Term


If you expect a rapid and sudden catapult into prosperity, go play the lottery and good luck to you. (You'll need it.) Gaining wealth is a slow process, and rightly so. If you get it all quickly, you have no time to acquire experience and sense. Too quickly, and it'll be all "spend, spend, spend."

Thinking long term is a bit like thinking in very fast motion while the rest of the world moves incredibly slowly around you. Easy does it, as they say. Ever tried to swat a fly? A fly's eyes are different from ours and they basically see in fast forward. By the time you raise your hand, they have already predicted the movement and flown away. You have to develop the same ability. You have to see what's happening before it happens, and the only way to do that is to think long term.

Think of gaining prosperity as stalking a reluctant tiger. It'll be wary and cautious, and you have to stalk it skillfully, quietly, almost lovingly. It's no use running up and shouting at it -- it will either turn round and kill you or run off. Better to take your time and creep up slowly and quietly. Any sudden movements will startle the canny beast.

Next: Create New Income Streams

From The Rules of Money Copyright © 2007, FT Press. Used by permission of FT Press, and Pearson Education. All rights reserved.

To order this book, buy on Amazon.

stay connected

Sign up for our free email newsletters and receive the latest advice and information on all things parenting.

Enter your email address to sign up or manage your account.

Facebook icon Twitter icon Follow Us on Pinterest

editor’s picks

highlights

Printable Fall Fun To-Do List
Celebrate the cooler weather with this printable checklist of fun fall activities for your whole family.

Kindergarten Readiness App Wins Gold
Our Kindergarten Readiness app won the Gold Award of Excellence in the educational category at the 2014 Communicator Awards. This valuable checklist comes with games and activities to help your child practice the essential skills she needs for kindergarten. Download the Kindergarten Readiness app today!

Top 10 Care Package Items for College Students
Show your college student that you love and miss her by mailing a care package full of dorm room essentials and comforting treats. Whether it's her birthday, exam time, or just because, get care package ideas to brighten her day.

Find Today's Newest & Best Children's Books!
Looking for newly released books for your child? Try our new Book Finder tool to search for new books by age, type, and theme, and create reading lists for kids!