Unless Your Parents Were Wealthy, Don’t Do What They Did

May 30, 2008 – 9:16 am

Unless Your Parents Were Wealthy, Don’t Do What They Did

Here’s a quick tip for today… Unless Your Parents Were Wealthy, Don’t Do What They Did

Too often we are given advice from non wealthy people about how to get wealthy. That’s like taking dietary advice from a glutton.

A quote by Einstein says that “the definition of insanity is doing the same thing over and over again and expecting a different result”. If your parents were not living the life you want to live then don’t do what they did! You must break away from the mentality of past generations if you want to have a different lifestyle than they had.

To achieve the financial freedom and success that your family may or may not have had, you have to do two things. First, make a firm commitment to get out of debt. Second, make saving and investing the highest financial priority in your life; one technique is to pay yourself first.

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