Thursday, September 17, 2009

How to get rich slowly


As they say... slow but steady wins the race. It may be thrilling to suddenly come into a heap of cash, but how often does this happen? And when it does, how long does it last? It can be argued that it is far better to be the tortoise than the hare when it comes to personal finance matters. The tortoise takes the time to think through his decisions and makes intelligent investments while the hare may be quick to rush into get rich quick schemes. Even if the hare does get a lucky break and comes upon a sizable amount of money he is also more likely to have an easy come easy go attitude and may very well end up with less than he had at the start.

For a more in depth analysis of the merits of getting rich slowly check out the article below.

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