Motivatology

The Law of SavingBy: Brian Tracy Financial freedom comes to the person who saves ten percent or more of his income throughout his lifetime.One of the smartest things that you can ever do for yourself is to develop the habit of saving part of your salary, every single paycheck. Individuals, families and even societies are stable and prosperous to the degree to which they have high savings rates. Savings today are what guarantee the security and the possibilities of tomorrow.Start With Yourself. The first corollary of the Law of Saving comes from the book The Richest Man in Babylon by George Classon. It is to "Pay yourself first."Begin today to save ten percent of your earnings, off the top, and never touch it. This is your fund for long-term financial accumulation and you never use it for any other reason except to assure your financial future. Develop New Habits Regarding MoneyThe remarkable thing is that when you pay yourself first, and force yourself to live on the other ni...

Make Money In Any Market byUnderstanding "Herd" Behavior by Larry Edelson Dear Subscriber, If you're like the average investor, you're probably wondering how can stocks rally when the economy continues to sink? How, too, can commodities — especially oil — surge when unemployment continues to rise and businesses are shutting their doors left and right? I consider the answer to both of these questions one of the most valuable lessons you can understand about the markets. After I explain the answer, I'll then respond to some of the most popular questions I've been receiving lately. And to wrap up this week's column, I'll give you a quick update on what I'm seeing in the markets. Now, the sooner you understand the answer to the two foregoing questions, the more money you'll make in your investments. The Economy And The MarketsAre Often Two Different Animals Huh, you're asking? What's Larry talking about?Let me explain — and be sure to keep ...