Making Your First Million.pdf - Association of Net Entrepreneurs and ...
Making Your First Million.pdf - Association of Net Entrepreneurs and ...
Making Your First Million.pdf - Association of Net Entrepreneurs and ...
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<strong>Making</strong> <strong>Your</strong> <strong>First</strong> <strong>Million</strong><br />
Chapter 22 - How Do I Keep What<br />
I've Got?<br />
You can easily at this point think you're infallible <strong>and</strong> you have a mortgage on your<br />
continued sales <strong>and</strong> pr<strong>of</strong>itability <strong>and</strong> you'll be tempted to lash out <strong>and</strong> spend. New house,<br />
car, extension, more staff, higher pay. Remember the grasshopper. He reveled all summer<br />
while the ant stored up grain for the winter <strong>and</strong> come the winter he died. It's not how<br />
much you earn that counts. It's how much you save.<br />
On my daughter's twenty-second birthday I asked her how much she had in the bank.<br />
"$7.23"<br />
"Why don't you save your money?"<br />
"Come on Dad. I earn $220 a week <strong>and</strong> pay $75 rent. How can I save?"<br />
"The only way you will ever be able to save", I told her, "is if you earn less."<br />
"You mean more?" she queried.<br />
"No. If you earned more you'd spend more. There's no way you'll ever start saving until<br />
you earn less."<br />
She screwed up her face <strong>and</strong> in exasperation did a Pauline Hanson: "Please explain!"<br />
"Well, it doesn't matter how much you earn. It's how much you save that counts. Let's say<br />
your wages rose to $250 a week. That would be great. Cause to go out <strong>and</strong> celebrate."<br />
"You bet I would!"<br />
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