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Saturday, December 30, 2006

Building wealth takes time.

Building wealth takes time. You can't just become rich overnight. Whenever you see a program stating if you only do X you will become rich, you can bet that this is a hoax.

Remember that in order to build wealth, you must stay in the race for the long run. One of the greatest examples that correlates with this is the simple book about the tortoise and the hare. The tortoise wins because he outwits the hare and uses his knowlege. The same is true today. In order to build wealth, you can't just do it overnight, it takes time and dedication. This always goes back to setting goals. If you never set any goals in life, then you will never make anything of yourself. Each day you need to rememeber your goal and do whatever it takes to accomplish it. Go read a book about your field and always remember to do your hardest at work so that you might get that raise or promotion. Most important of all, make sure that you are frugal in your spending and making sure that you tell your money where it goes (make a budget and spend it on paper before using up your money).

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