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Identifying the skills needed for the future
Developing a growth mindset
Creating a culture of continuous learning
Education and wealth
College degrees can add significant wealth. The more education you have, the more you’ll earn and the less likely you are to be unemployed. And if you can keep debt low while getting the degree (and there are reliable ways of doing this), then it’s almost guaranteed that getting a college degree is a good deal.
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Controlling expenses and wealth
Those who control their spending do much better. This doesn’t mean you have to save on EVERYTHING, just some things. Enjoy your life by spending on what you want here and there, just keep it in line so you have excess to save and invest. Even 10% will make you wealthy over time.
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"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves
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Wealth In Terms Of Prestige
Some people view wealth in terms of prestige and not dollars. They would rather have a job that requires years of education than learning a trade, even though they may earn less with their Master's or Doctorate degree.
But less than half of those who start college...
Individual Power In The Creation Of Wealth
Joining a company is not the only way to create wealth. As long as you can create something that people want you can create wealth and for that you don’t need a company as an intermediary.
Working hard has a high individual cost but creates the opportunity to earn more wealth than on...
Defining Budget Deficits
When you spend more than you earn and the total amount of money that you're spending turns out to be more than the amount that you're brining in causes a budget deficit.
For example, if you spend $100 per week but earn less than that every week, that's a budget deficit. In addition, sh...
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