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

Previous
12 of 15
womanpatientlylookingatpiggybank
Next

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.

you might also like:

from our community:

what’s hot

  1. Top 10 End-of-the-Year Gifts for Teachers
  2. Great Gift Ideas for Dad's First Father's Day
  3. Father's Day Crafts Kids Can Make
  4. VIEW ALL

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

10 Ways to Deal with Temper Tantrums
Temper tantrums are an inevitable part of being parent. Read on for 10 sanity-saving tantrum tips to help calm your child when he's in the throes of emotional turmoil.

8 Printable Thank-You Cards for Your Child's Teacher
Teaching is no walk in the park! Print any of these free printable thank-you cards for teachers to salute your favorite educators for all the hard work this school year.

Explore Funbrain Jr. with Your Preschooler
Looking for fun online games, adorable stories, and cool printables for preschoolers and kindergartners? Check out the new Funbrain Jr., a fun place to learn for children ages 2 to 6.

Award-Winning Apps for Kids of All Ages
Looking for high quality apps for your toddler, preschooler, or school-age child? These 16 award-winning educational apps help kids of all ages learn a thing or two during tech time.

Summer Learning: 11 Everyday Ways to Learn Math
Summertime is a great time to teach your child how math plays a part in his everyday life. These 11 everyday ways to learn math are fun and educational, and will help him see how this subject plays into real life.