Posts Tagged "porsches"

So how do you become wealthy?

Posted by Preet on Jul 24, 2007 | 0 comments

I Suppose that’s the ultimate question, isn’t’ it? If I had to boil it down into the shortest space possible it would be this: trade-offs. Specifically, you have to look at the trade-off within each financial decision you face. Let’s look at an example. Should I buy a Honda Civic or a Porsche Boxster? What would be the trade-off in this case? If you get the Honda, you will be spending less on all your costs associated with cars (vehicle payment, insurance, gas, maintenance, etc.). If you get the Porsche you pay more and perhaps have a more enjoyable driving experience, get noticed more and that’s about it. So the trade-offs in this case...