Monday, September 12, 2011

Point of view

People chase high salaries in order to get rich, however, does it really make one rich? It is not the high salaries that would make you rich, it is the savings that does the trick.

For example, some child celebrities end up spending all their new found wealth on drugs and other vices and end up penniless, while you have some exceptional cases where a floor cleaner saving 2 dollars a week and investing it end up donating a few million dollars at the end of her life.

So don't fall into the trap of single-mindedly chasing high salaries without thinking of a saving and investing plan.