Substituting the discount rate for the ever increasing chance of death and a dollar for joy, joy today is worth more than joy tomorrow.
Things change, not only in one__ life but also in the economyand on the political scene, and it pays to be aware. Is the foundationof your financial house secure, with an income that isguaranteed? Have you built solid walls, investing appropriately,and keeping inflation at bay? Are you living under a reliableroof, with assets positioned to grow? Is your house insulatedand sturdy, safe from any economic storm?
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Things change, not only in one__ life but also in the economyand on the political scene, and it pays to be aware. Is the foundationof your financial house secure, with an income that isguaranteed? Have you built solid walls, investing appropriately,and keeping inflation at bay? Are you living under a reliableroof, with assets positioned to grow? Is your house insulatedand sturdy, safe from any economic storm?
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Success is relative. We shouldn't compare the financial success between a person born into riches and the one born into abject poverty.
(_) my money guy Richard is going without a tie now, like a politician who wants to appeal to the suffering common man (or perhaps every morning his firm takes the ties and shoelaces away from the brokers and financial planners to keep them from offing themselves)
Th e average person spends much of his or her lifetime buildingfinancial security, but it can be lost, never to be regained. That__why you need to carefully assess your definition of financialsecurity and make sure it is realistic for the goals that you haveset. You can take the necessary steps to put that plan in place,and never lose that financial security, and to pass on your valuesand assets to the coming generations.
Cheap people often are not very happy because they love money more than they love their families
There are brains so smart in finance and unconsciously reject wealth.