Personal Finance News Tuesday 9/4

Phil's Personal Finance Tip of the Day:

21 Ways Rich People Think Differently

By Mandi Woodruff | Business Insider – Tue, Sep 4, 2012 10:50 AM EDT

World's richest woman Gina Rinehart is enduring a media firestorm over an article in which she takes the "jealous" middle class to task for "drinking, or smoking and socializing" rather than working to earn their own fortune.

What if she has a point?

Steve Siebold, author of "How Rich People Think," spent nearly three decades interviewing millionaires around the world to find out what separates them from everyone else.

It had little to do with money itself, he told Business Insider. It was about their mentality.

"[The middle class] tells people to be happy with what they have," he said. "And on the whole, most people are steeped in fear when it comes to money."

To read the entire article from Mandi Woodruff | Business Insider:
http://finance.yahoo.com/news/21-ways-rich-people-think-differently.html


Scripture of the Day from Dave Ramsey.com:
Matthew 7:7 — Ask and it will be given to you; seek and you will find; knock and the door will be opened to you.

Please listen to the Dave Ramsey show live on WOR 710 from 2-4 PM EST. You can also listen to the 3rd hour 4-5 PM EST. at Dave Ramsey.com.