May 2013
Beginner
256 pages
3h 58m
English
Content preview from The Rules of Wealth, 3rd Edition
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RULE 104
Spend your own money because no one will spend it as wisely as you
What! Surely we all spend our own money? No, we don’t. As we get richer, the need to have others spend it for us grows stronger. Believe me, it becomes a real risk to hand things over and lose value and wealth because of it. It is so easy to figure that because we are busy and someone offers, it is a good thing to hand over.
I have noticed that the successful rich don’t hand over anything; they carry on paying attention to detail all the time. Obviously there might come a time to hand over as we grow too old to administer our own affairs but until then, give up nothing.
I HAVE NOTICED THAT THESUCCESSFUL RICH DON’THAND OVER ANYTHING
Examples? Of course. I have a friend ...
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