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Build Wealth with Old-Time Money Values

September 9, 2014 Filed under Personal financial management

Our forebears lived through hard times and, if they were alive today, would no doubt remark that we live in luxury by comparison.

Despite their meagre household incomes and large families, by  and large they were able to provide the essentials of life for their families without handouts from the Government and without going broke. Read more

A Solid Foundation for Wealth Creation

May 18, 2012 Filed under Personal financial management

Creating a significant amount of wealth during your lifetime cannot be done by saving alone and usually requires the use of other people’s money. Borrowing money from others to invest in businesses and property is referred to as a leveraged investment strategy. Leveraged investments are capable of producing significant wealth, providing the funds invested produce a return greater than the cost of borrowing. Read more

What it Takes to Have an Extraordinary Life

May 7, 2012 Filed under Personal financial management

People who consider themselves ordinary often wonder if it is possible to ever achieve the life of their dreams. Such people fail to understand two really important points. The first point, which almost goes without saying, is that ordinary people live ordinary lives, while extraordinary lives are lived by extraordinary people. The second point is that anybody, even ordinary people, can choose to be extraordinary. Read more

Grow Rich Gratefully

December 20, 2011 Filed under Personal financial management

One of the most important lessons learned by our forebears in the Great Depression was to be grateful for whatever you have. There is nothing like experiencing disastrous financial times to make us painfully aware of the potential for future hardships. Read more

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