| Home |
The Millionaire Next Door
*PAWs (Prodigious Accumulator of Wealth) allocate nearly twice the number of hours per month to planning their financial investment as UAWs (Under Accumulator of Wealth) do.
*The millionaires have a "go-to-hell fund."
In other words, they have accumulated enough wealth to live without working for ten or more years. Thus, those of them with a net worth of $1.6 million could live comfortably for more than twelve years.
*PAWs are living below their means, allocating funds efficiently in ways that build wealth, ignoring conspicuous consumption, being proficient in targeting marketing opportunities, and choosing the "right" occupation.
---------------------------
I encountered a great book, "The Millionaire Next Door" last week.
I hadn't known how PAWs life were, how they were leading their life till I read the book.
Most of the millionaires are very frugal.
Being millionaires is not how they use their money.
Being PAWs is that how much they have their net asset.
They use huge time for planning with their very smart financial specialist and invest very very carefully.
I could say that being a millionaire and being a great musician has same points.
Plan for today, tomorrow, after a week, a year, five years, ten years, twenty years, and prepare for the future.
"The Millionaire Next Door"
By Thomas J. Stanley and William D.Danko
http://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/0743420373
*The millionaires have a "go-to-hell fund."
In other words, they have accumulated enough wealth to live without working for ten or more years. Thus, those of them with a net worth of $1.6 million could live comfortably for more than twelve years.
*PAWs are living below their means, allocating funds efficiently in ways that build wealth, ignoring conspicuous consumption, being proficient in targeting marketing opportunities, and choosing the "right" occupation.
---------------------------
I encountered a great book, "The Millionaire Next Door" last week.
I hadn't known how PAWs life were, how they were leading their life till I read the book.
Most of the millionaires are very frugal.
Being millionaires is not how they use their money.
Being PAWs is that how much they have their net asset.
They use huge time for planning with their very smart financial specialist and invest very very carefully.
I could say that being a millionaire and being a great musician has same points.
Plan for today, tomorrow, after a week, a year, five years, ten years, twenty years, and prepare for the future.
"The Millionaire Next Door"
By Thomas J. Stanley and William D.Danko
http://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/0743420373
Being a pianist while TV is on
Once we have kids, especially while kids are small, we really don't have time to study, enjoy being solitude, read a book, sip a cup of coffee quietly. Every parent has to make every effort to have his or her children lead a fruitful life.
The life with kids is like this:
Seven days a week, my kids stay up late with me even though I want to enjoy quiet time longer on weekends.
During the day time I have a responsibility to make my kids have fun and to teach or to lead them to learn something everyday.
At night small bees need me while they are in dreams, want to be cuddled.
I am a parent of two small girls - 18 months and 4 and half years.
I love my children, enjoy being with them now.
Am feeling that my love became double, triple or more after I have my family.
************
My kids have summer break now. They have fun to spend their time with me, so do I.
But I could not have time to practice the piano.
To spill the beans, I was frustrated and felt something bad whenever
I listened to piano pieces which requires a lot of practice that I could not have.
A couple of weeks ago we found very nice TV programs in the morning.
My children love to watch those. I allow them to stay in front of a TV up to two hours.
And I've decided to use one hour for me during their TV time from this week.
Please let me practice the piano just a little bit, please!!
I am moving to my second CD now.
Hopefully it is coming this fall.
Contains beautiful music and will be special for every one who loves music.
The life with kids is like this:
Seven days a week, my kids stay up late with me even though I want to enjoy quiet time longer on weekends.
During the day time I have a responsibility to make my kids have fun and to teach or to lead them to learn something everyday.
At night small bees need me while they are in dreams, want to be cuddled.
I am a parent of two small girls - 18 months and 4 and half years.
I love my children, enjoy being with them now.
Am feeling that my love became double, triple or more after I have my family.
************
My kids have summer break now. They have fun to spend their time with me, so do I.
But I could not have time to practice the piano.
To spill the beans, I was frustrated and felt something bad whenever
I listened to piano pieces which requires a lot of practice that I could not have.
A couple of weeks ago we found very nice TV programs in the morning.
My children love to watch those. I allow them to stay in front of a TV up to two hours.
And I've decided to use one hour for me during their TV time from this week.
Please let me practice the piano just a little bit, please!!
I am moving to my second CD now.
Hopefully it is coming this fall.
Contains beautiful music and will be special for every one who loves music.
| Home |