Planning ahead

I guess this is for those of you with a longer timeline.

If you want to be a success and have a comfortable retirement, do some planning.

I came from a middle class family, but we were different. We had a family business. It didn’t always make money, but we always ate and had a roof over our heads, even if it was just our restaurant.

We slept in that building until my parents saved enough money to buy a house near by. It was a new house and we were very excited considering where we had been living before.

My parents saved and planned and were able to buy a place, eventually. That is still possible though many think otherwise.

If you know where you want to end up, it helps. But if you have no idea where you want to be and no plan, you will be left at the mercy of your boss, strangers and others.Your future will be in the hands of others and you will be powerless.

Plan your future. Save some money and try to buy a fixer upper and give it a shot. Rent your rooms out to friends until you can swing the mortgage on your own.

Don’t be afraid to fail. Failure teaches us a lot.

Rental properties are the surest way for a working person to become wealthy and to have a comfortable retirement. Yes, they can be a pain sometimes but it will be worth it in the long run

If you think you can’t do it, you won’t. If you think you might have a chance, you might have a chance.

You seldom become the King by being afraid.

Once you are successful, sadly, your life will become more complicated. You will have to watch over your treasure, decide how to protect it, how to make it grow, and how to spend it. You will also have to decide who you will help.

If you don’t give some of it away to those that deserve help, you are a fool. The best part of having money is putting it to use to help others. That is where the joy of wealth comes from.