September 24th 10pm
Newsletter
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Quick Link to Posts


Post From Get Rich Slowly
Spending Rate Versus Saving Rate
By J.D. Roth    September 2018 
 
For years, I've argued that your saving rate is the most important number in personal finance. “Saving rate” in the world of personal finance is the same as profit in the world of business.

We all understand that a company needs to earn a profit in order to grow and thrive, but what most people fail to realize is that people need profit too.
 
The greater the gap between your earning and spending, the faster you're able to grow your wealth snowball and achieve your goals.
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KTFA:

Walkingstick: Siemens, GE Wage Battle for $15 Billion Power Deal in Iraq

September 24, 2018, 3:32 AM EDT Updated on September 24, 2018, 10:46 AM EDT

German engineering company’s CEO met with Iraqi prime minister

Order would provide welcome boost amid deep slump in sector

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