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Rich People Have Big Libraries…Poor People Have Big TVs

This is one of my favorite Jim Rohn quotes, “Rich people have big libraries…poor people have big TVs.” Now that’s a bold statement? However, before getting offended, think about it. Do you spend more time/money reading and educating yourself or more time in front of the television?

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Do you spend more money on books or big televisions, stereos and DVD’s? One thing that has always amazed me is when an individual will not bat an eye at getting a loan for $20,000 or $30,000 to purchase a new car or truck, yet choke on their tongue when they consider spending a smidgen of that amount for a monthly Smokin’ Security Marketing Newsletter subscription…what gives?

In the end, if you can establish a pattern of learning and continuing education, you’ll punch your own ticket and begin the trip to long-term wealth accumulation. Invest in yourself and education and make time for it. It will pay you back 100X over.

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Another famous quote by Jim Rohn is…”Formal education will make you a living, self-education will make you a fortune.”

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