Rich Habits Word of the Day
Frugal – Thrifty, penny-wise. Warren Buffet was taught by his parents to live below his means. Consequently, he is considered by many to be frugal.
Rich Habits Fact of the Day
When Jay Leno was a kid he had two jobs. He would spend money he made from one job and save 100% of the money he made from the second job. To this day Leno does the same thing. He lives on the money he makes as a comedian, and puts all the TV money in the bank. He’s never spent a dime of his TV money.
Image: Jost Ammam
Before the introduction of printing all books were painstakingly hand-written. This time-consuming and highly-skilled process meant that books were extremely expensive and an unthinkable possession for many average people. Changing all this was a German goldsmith named Johannes Gutenberg, who in 1440 invented the printing press. His contraption would become one of the most influential inventions in the entirety of human history.
– See more at: https://www.globetask.com/time-management/10-greatest-time-saving-inventions-in-history/#sthash.0bEQwXUl.dpuf
The Printing Press
Image: Jost Ammam
Before the introduction of printing all books were painstakingly hand-written. This time-consuming and highly-skilled process meant that books were extremely expensive and an unthinkable possession for many average people. Changing all this was a German goldsmith named Johannes Gutenberg, who in 1440 invented the printing press. His contraption would become one of the most influential inventions in the entirety of human history.
– See more at: https://www.globetask.com/time-management/10-greatest-time-saving-inventions-in-history/#sthash.0bEQwXUl.dpuf
Rich Habits Lesson of the Day
85% of the wealthy in my study stated that they have always believed that no matter what an individual can always save money if they really want to. Only 2% of the poor share this opinion. As I’ve shared in many of my success articles, there are three ways to become rich and one of those ways is applying the 80/20 Rule. You save 20% of your net pay and you live off the remaining 80%. The wealthiest in my study were taught this Rich Habit by their parents.
About Thomas C. Corley
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