Archive for August, 2010


Multiply Your Gold – 3rd Rule of Wealth Building Principles

Here is the 3rd rule of  Wealth building principles from The Richest Man in Babylon. Make thy Gold Multiply Make Thy Gold Multiply or in simple terms “Multiply your gold or Make your assets multiply”.  Make your money multiply – Make your money work for you, then its sons [interest] and the sons of their […]

Read More...

Control Your Spending – 2nd Cure for a Lean Purse

Control Your Spending – Never Get in Debt The 2nd rule from The Richest Man in Babylon is “ Control thy Expenditure ”.  In simple terms, control your spending. There is this saying that I once read and I have shared with many people and how true it is. “ We buy things that we […]

Read More...

Pay Yourself First! A part of what you earn is yours to keep.

When you give someone a book, you don’t give him just paper, ink, and glue. You give him the possibility of a whole new life. –  Christopher Morley (1890-1957) Pay yourself first – A part of what you earn is yours to keep ! I learn this golden rule from one of the best inspiring […]

Read More...
Copyright © 2011. michaeltay.com. All rights reserved. Personal Self-Development & Financial Education Blog