Monday, June 8, 2009

The Difference

I recently read "The Difference", the new book by Jean Chatzy. The front cover says Some People Have Secured Their Financial Future - What They Know That You Don't The Difference

Through candid interviews and a study of more than five thousand people Jean reveals the traits and habits of those who moved from the lowest economic strata to the highest. The Difference helps you take a look at where you are now and offers simple strategies for going where you want to go.

Following are a couple points from the book:

The Healing Power of Saving. Part of the difference is understanding that spending more than you make is just as bad for you emotionally as it is financially. It certainly won’t make you happier. In fact, it does just the opposite. And the worry that comes with financial trouble can quite literally make you sick. Saving money, on the other hand, is actually good for both your health and your wealth. As one noted researcher put it: “Saving money is like healing your sould a little bit every day”. The wealthy get that.
The Difference isn’t easy. The Difference is an advanced concept. And yes, you have to want it becaue it will-in all likelihood – occasionally put up a fight. It is, in that way like the marathon you want to run, diet you want to undertake. The smoking you want to stop. And the money you want to save. The Difference is a choice that you make every day.

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