Friday, 20 May 2011

Value On Every Cent Of Money You Have

The Rich does not consider any money to be small money; he places value on every penny. He knows that a cent in a hundred places is a dollar and a dollar in a hundred places is one hundred dollars. But the poor mind will always be dreaming of the big "break" and thinks nothing about little money that he makes. If you are into a business that depends on turnover, you will understand it. The profit margin per item you sell is 50 cents. A hundred of them sold will give you fifty dollars, so to remain in business; you will need to sell thousands of those products daily.

   Then your attitude to money matters a lot. If your attitude is right, it would be easier for you to lay up wealth because in most case, prosperity comes in trickles, cents after another cent. But, if your attitude is wrong you will throw away your money without thinking and every cents you waste can never be made back there by reducing your chances to be rich.

   Then it is important that you know how to bargain before buying anything. Do not pay for what you can get for free and don't buy without a bargain. Bargaining is not a sign of being poor because, even the rich buy at a bargain too. If you disregard small money you will certainly lose it.

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