People can retire poor is what economists call the inability to delay gratification. The great majority of people have an irresistible temptation to spend every single penny they make and whatever else they can borrow or buy on credit. If you cannot delay gratification, and discipline yourself to refrain from spending everything you make, you cannot become wealthy. If you cannot practice frugality as a lifelong habit, it will be impossible for you to achieve financial independence. As W.Clement Stone said, —If you cannot save money, the seeds of greatness are not in you.“

The one of reasons that people don’t become wealthy is procrastination. People always have a good reason not to begin doing what they know they need to do to achieve financial independence. It is always the wrong month, the wrong season, or the wrong year. Business conditions in their (more…)

At next holiday, I have planned will visit my parents. I have been long time enough doesn’t meet them. I have called them last night, and they said very happy hear that. I asked them how about their business now and they said that it has increased well. They also said, now they had some branch in several cities. I was very happy hear it.

Since two years ago, my parents build business in catering. At the beginning they built catering service for event: wedding party, company gathering, and other special event. It was very surprise, they received (more…)