Thursday, July 30, 2009
The Third Step
The third step on your path to riches is saving money. You simply must save money if you are to become rich. Many people have a hard time with this one. However, it is critical. If you do not save money, you will never have a seed which you can plant. You need a solid chunk of money in order to grow it. Also, for basic financial planning, you need saved money for emergencies. If you don't have any emergency money, you may have to use up your investment money in case of an emergency.