Law of Riches Part II
As we realize the most fundamental law of riches is to stop wasting money, the second most important law plays a crucial role in accumulating riches. This law, if practiced with unwavering faith, has never failed to deliver. The wealthiest of men have hung on to this law as their lifeline even in the most turbulent times.
LAW TWO: PAY YOURSELF BEFORE ANYTHING ELSE.
The second most important law in acccumulating riches is to pay yourself first. Pay myself first? Some might ask.What does this mean? Some people say "I do pay myself because i get paid for the work i do isn't it? Thats not really true. We pay our housing loans, our electricity and water bills, our transport bills and so on. We are paying to everybody else except ourselves. Why?
In order to build our castle of wealth, we need to start paying ourselves first. Remember this, money is attracted to money. If a magnet can probably attract 10 iron fillings, a stronger magnet can attract 20. An even stronger magnet can attract 50. The more money you have, the more stronger the attaction, provided you abide by the laws.
2 comments:
A very logical and practical approach to understanding wealth and how it works. I like the way you've broken the information up into little digestible bits - one at a time - so that we can swallow each one in turn and learn to use it well before moving on. And you're right - understanding money should be made compulsory in this world. When there's so much of something around and you're not sure how to use it, something's obviously wrong. Good job so far... Keep it up!
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