Instead of taking the shuttle straight home after work today, I did two things.
1. I walked to the Salvation Army store I found a month or two back, and looked at their hours. Monday through Saturday, 9 to 5. So I can go during my lunch breaks, or on Saturday. It's a bit of a hike from my apartment, but hey--free exercise!
2. I then walked to the Barnes & Noble, found the Personal Finance section, sat down on the ground, and spent 2-1/2 hours reading David Bach's The Automatic Millionaire.
I even took notes.
I still need to clean up my scribbles and come up with a concrete plan of action, but that was 2-1/2 hours well spent. I'm definitely going back and reading more, both from him, as well as the other books. I still have a lot to learn.
I can do this. I'm not making much now and I probably won't make much for the remainder of my career, but I can do this. At the very least, I'm going to try.
I just read Automatic Millionaire
August 19th, 2006 at 02:14 am
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But now I realize that I will never build wealth that way. Savings account interest barely keeps up with inflation, and I will probably never even *earn*, must less *save*, $1 million over the course of my entire working career. If I want to become rich, I *must* start investing--investing early, regularly, and for the long-term, to let that compound interest work its magic.
homebody: Reading books in the bookstore is an old habit of mine. I remember sprawling out in front of the American History section of the bookstore, doing research for a term paper, back in 10th grade! It gave me more discipline than going to the library, because I couldn't take the books with me, so I had no choice but to read them in the store before I left, so it forced me to get something done. Also, a bookstore's shelves are restocked whenever a volume is sold, but not so at the library. And a bookstore also has more flexible hours!
I just checked the library's online catalog, and they do have this particular book. So if I want it again, I'll definitely get it from the library so that I can go over it again in detail--particularly the few chapters I skimmed due to exhaustion and growing hunger.
~mimi