2018-12-01 11:37:00 Sat ET
trust perseverance resilience empathy compassion passion purpose vision mission life metaphors seamless integration critical success factors personal finance entrepreneur inspiration grit
As the solo author of the books Millionaire Next Door and Richer Than Millionaire, William Danko shares 3 top secrets for *better wealth creation*. True prosperity is the convergence of good health, wealth, and happiness. The median net worth of self-made millionaires is $2.3 million, and their median age is 50. Most millionaires are men (90%) and also live in happy marriages (93%). First, most wage-earners should save 20% of their income per annum, whereas, most American consumers save only about 5% of their income each year. Second, each person should be a good steward of his or her resources. These key resources include stable personal relationships and frugal personal habits. In effect, frugal habits help ensure longer life longevity, better compound time, and greater compound interest. Third, it is important for most wage-earners to develop multiple streams of passive income. Fiscal discipline contributes to effective investments in small and profitable value stocks with conservative capital investment growth and low market risk exposure.
Most self-made millionaires share the basic fact that they need no budgets. These millionaires spend relatively little in comparison to their disposable income due to their fiscal discipline and self-control. As a result, this frugal habit renders budgets unnecessary.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-06-04 08:38:00 Monday ET

Microsoft acquires GitHub, a software development platform that has been widely shared-and-used by more than 28 million programmers worldwide. GitHub's
2018-10-11 08:44:00 Thursday ET

Treasury bond yield curve inversion often signals the next economic recession in America. In fact, U.S. bond yield curve inversion correctly predicts the da
2019-02-06 10:36:49 Wednesday ET

President Trump delivers his second state-of-the-union address to U.S. Congress. Several key themes emerge from this presidential address. First, President
2017-02-25 06:44:00 Saturday ET

As the White House economic director, Gary Cohn suggests that the Trump administration will tackle tax cuts after the administration *repeals and replaces*
2018-05-25 07:30:00 Friday ET

President Trump introduces $50 billion tariffs on Chinese products and new limits on Chinese high-tech investments in America. This new round of tariffs
2019-08-28 14:46:00 Wednesday ET

Santa-Barbara political economy professor Benjamin Cohen proposes new fiscal stimulus to complement the current low-interest-rate monetary policy. Cohen fin