Good Advice from 'Get Rich Slowly'

For any of you that have not found the Get Rich Slowly blog yet, it is a great resource for getting your financial head into gear - so it is a kind of starter for the main course of the DIY Income Investor.

I recently came across their summary of their 'core values' again. These are so helpful that I thought I would provide links to make sure they are easy to refer to. The concepts generally chime well with what we try to communicate here:

• Tenet #1: Money is more about mind than it is about math
• Tenet #2: The road to wealth is paved with goals
• Tenet #3: To build wealth, you must spend less than you earn
• Tenet #4: Pay yourself first
• Tenet #5: Small amounts matter
• Tenet #6: Large amounts matter, too
• Tenet #7: Do what works for you
• Tenet #8: Slow and steady wins the race
• Tenet #9: The perfect is the enemy of the good
• Tenet #10: Failure is okay
• Tenet #11: Financial balance lets you enjoy tomorrow and today
• Tenet #12: Nobody cares more about your money than you do
• Tenet #13: Action beats inaction
• Tenet #14: It’s more important to be happy than to be rich

Enjoy!


I am not a financial advisor and the information provided does not constitute financial advice. You should always do your own research on top of what you learn here to ensure that it's right for your specific circumstances.