1. Have patience:
Money must be saved over a long period of time. Don't take high risks for quick returns. Investing is a marathon not a sprint.
2. Take the risk while you are young:
It is ok to take calculated high risks occasionally, but do them when you have time to make it up.
3. Don't gamble:
Gambling is for the desperate and the poor. If you must, do small amounts and view it as pure entertainment. You will never make money in the long run gambling.
4. Stay healthy:
Good health keeps your mind sharp, your doctor bills low, you lifespan long, and lets you work more to make more money. Healthy people make more money.
5. Laugh and Smile:
See above. Happy people make more money.
Buy old car & keep it for many years or if you need a new one buy one a few years old.
A car is one of the biggest waste of money in our lives. People spend too much on new one. Should be buying newer used ones.
7. Everything in moderation:
I learned this from an older customer that used this as his mantra. He said he did everything in moderation from drinking to working. He said it was the key to life.
8. Keep the fights clean and the sex dirty:
The key to a happy marriage. A good marriage will help you save money or cost you a fortune if it goes bad. People stayed together longer in years past. They were a savings team.
9. Don't spend your money on worthless things:
Don't buy anything at the checkout counter, don't buy collectibles, don't buy all the worthless junk sold around you at the box stores.
10. Move:
Stay active. The more you see the more you learn. The more learn the more ideas you have. The more ideas you have, the more chance you come up with something that will earn or save you money.
These are all my opinions as gathered by my ears. Some people may agree some may not but it's how I live my life. Enjoy!
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