Private Wealth and Family Office Association – achieving financial security through financial education.
Following on from last week blog, an experienced Financial Advisor, commented on my post to express that quotes containing the secrets of the rich are actually quite simple and sweet.
He sent me his 3 rules to becoming rich:
- always be an owner and not a loaner,
- don't buy milk, own a cow,
- it's not what you earn, it's what you keep
(Richard M. Kiernicki)
Whilst owning a cow may prove a challenge; specially convincing your partner and elder members of the family; the young ones no doubt will be excited. (A joke was building up but I will refrain from thinking it out). We know he does not mean it literally.
I will elaborate on Richard’s advice next week.