September 4, 2008

The Rich & the Rest

Today's Adelaide Advertiser ran an interesting article titled "How the Rich Differ from the Rest". The article outlined some great insights into the ethos and attitudes of the very wealthy.

Here's an excerpt:


Mr Grey said common characteristics of wealthy people included:


*Living well below their means all their lives.
*Allocating time, energy and money to increasing their wealth.
*Believing that financial independence was more important than displaying a high social status.
*Their parents did not provide financial handouts.

"They are extremely focused and passionate about their business or occupation and about earning strong income from that. They are also driven to live within their means, which enables them to invest on a regular basis,'' Mr Grey said.

To read the entire article click here

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