How Wealthy People Get Wealthier

It’s a common misconception that borrowing money is bad. I’ve had students proudly tell me at seminars that their only debt is their mortgage and that they pay cash for everything else. While it’s good that they have no consumer or credit-card liabilities, these people are not going to get wealthy until they change their…

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How Wealthy People Get Wealthier

“If a man has money, it is usually a sign, too, that he knows how to take care of it; don’t imagine his money is easy to get simply because he has plenty of it.” – Edgar Watson Howe (Country Town Sayings, 1911) It’s a common misconception that borrowing money is bad. I’ve had students…

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