Don’t Break Into Your Nest Egg
Thursday, September 14th, 2006Once you start getting some serious money together, you’re going to face a major challenge.
You’ll want to splash out.
Well here’s how to overcome the problem:
Don’t.
Remember the importance of time in the compound interest formula. Time is your friend IF you let it do its work.
Yes, it’s tempting to buy some of the goodies in life, like that designer jacket that “spoke to you”, or a new car, or a 48” plasma TV screen.
Don’t fall for it. Instead of wasting your money on consumer junk that will quickly drag you back into poverty – invest it to make more money.




investment property