Hi All,

Last week I picked up a copy of Felix Dennis’ How to Get Rich. So far its been a terrific read. If you haven’t heard of Dennis, he is the owner of a number of magazines in the UK and estimates his net worth somewhere north of $400 million. In addition to being really rich, he’s something of a poet and an iconoclast.

The following quote jumped out at me. Its on the topic of dealing with fear. Felix says that essentially you have to embrace it and work through it.

“The only way to deal with fear is to cozy up to it. Look it in the eye and pump its hand. To translate its negative energy into adrenaline. To harness it. To laugh with it, rather than at it.“

Best,

James

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1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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