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Christian Personal Finance Shows Us How to Create Wealth!
Jul 23rd, 2009 by The Practical Nerd

How to create wealth: 10 tips to get you started! [Christian PF]

Jay Peroni rocks another great article over at Christian Personal Finance today. While written from a faith-based perspective, the site continues to dole out advice that everyone needs, regardless of beliefs. My favorite on the list:

8. Don’t try to look wealthy, look to become wealthy. Remem­ber to buy assets and not liabilities. Remember, assets are items that pay income to you. Liabilities, on the other hand, require that you make payments. Minimize payments that are required by you and find ways to get more payments coming to you.

That's a great piece of advice, and it goes right along with my post on how you don't get rich by spending a million dollars. Another fine blog post – check it out at the link above!

Posted via email from tommeitner’s posterous

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