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The Rules of Wealth, 3rd Edition by Richard Templar

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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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