Get rich without working

I recently came across a great article called “The Rich Drink Better Beer, Not More“. I summed it up to be great examples of our lack of self-control. As we make more money, we tend to spend more money. Why is it that “…most people roughly double their spending when their income doubles”? And it’s not just the consumers like you and me. Just look at the government. They spend more than they bring in…

Remember, one of the surest ways to a financial freedom is spending less than you make. Don’t fall into the trap of spending more because you suddenly have more. The next time you get a raise, save it automatically every paycheck. Stash it in your 401(k) or 401(k)ondo. The next time you get a windfall (think Economic Stimulus check), save it. Put this new money to work. Invest in a rental property, buy some stock, or lend it out. Make this new money work for you, so you don’t have to work so hard to earn it in the first place… Never forget the most famous (in my opinion) financial quote of all time:

“The most powerful force in the universe is compound interest”
- Albert Einstein

The point is simple. Money will work for you if you let it. Every dollar you make with money at work is one less dollar you’ll need to work for. Stop working so hard; let your money do it for you.

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