The Rules of Wealth by Richard Templar

Author:Richard Templar [Templar, Richard]
Language: eng
Format: epub
ISBN: 9781292086446
Publisher: Pearson Education Limited
Published: 2015-06-05T04:00:00+00:00

I know in Rule 38 I said to be decisive and act quickly, and that is still true. But only after you have taken a long-term view; only after you have weighed and considered and pondered and evaluated. The samurai only makes one cut but that cut was an entire lifetime in the making.

Where are you going to be in five years’ time, prosperity-wise? Ten? Fifteen? Twenty? Longer?

RULE 62

Have a set time of day to work on your wealth strategy

You have to have a life as well as gaining prosperity. It is my observation that happy, wealthy people’s financial planning follows a similar set of four principles:

They set targets then get on with it.

They don’t tinker too much.

They tend to work on their financial planning at the same time of day. (I don’t mean everyone works at say 9am but that each person tends to favour a particular time of day whether it’s 10.30 in the morning or midnight.)

They are able to take a break from their financial planning and have a life outside it – it keeps them refreshed and interesting.

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