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The Economic Times
The Economic Times
Business
Himanshi Singh

Wealth wisdom: “If I had more money, I would have a better plan. My mentor responded ...” said author of ‘7 Strategies For Wealth & Happiness’ - check this smart budgeting rule so you have more money

Does having more money mean having a better plan? Not necessarily. Money is often thought of as the answer to all the problems, but it might be not be the case when it goes in the hands of the wrong person. While more money might not mean having a better plan, a better plan might lead you to more money.

This is something that even ‘business philosopher’ Jim Rohn - entrepreneur and author of several books including ‘7 Strategies For Wealth & Happiness’ - has famously said. Rohn also introduced the 70/30 money rule in this book, which suggests that people should live 70% of their income while keep the remaining 30% for charity, investing, savings.

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