5 ms·
One does not get rich by saving money. One does get rich by earning it.
by philippnagel 11y ago
One does not get rich by saving money. One does get rich by earning it.
- lern_too_spel 11y agoThat's overly simplistic. If you consider $1 million rich, like the author does, you can easily get rich by saving money. If you consider $1 billion rich, your Starbucks habit doesn't matter.
- thesteamboat 11y agoPedantic grammar note: If you consider $1 million rich you almost certainly consider $1 billion to be rich. In contrast, if you consider rich to be $1 billion, you may or may not consider $1 million to be rich.
- PhantomGremlin 11y agoAttitude has a lot to do with getting rich. "Saving money" is one very important aspect of it. Here's[1] a guy who "earned" more than $100,000,000 but was forced to declare bankruptcy. Sadly, there's a large group of his contemporaries[2] that "earned" a lot of money but have very little to show for it. E.g. Mike Tyson "earned" an estimated $400,000,000 over his career but went bankrupt. [1] http://www.npr.org/2015/01/27/381724445/how-do-some-highly-paid-athletes-go-bankrupt-theyre-risk-takers http://www.npr.org/2015/01/27/381724445/how-do-some-highly-p... [2] http://en.wikipedia.org/wiki/Personal_finances_of_professional_American_athletes http://en.wikipedia.org/wiki/Personal_finances_of_profession...