As a young business person, it took me about 10 years to realise that it is harder to hold on to money, than to make money. Sadly many people never actually realise it, throughout their business life or even career.
I recently read a report which showed that many working professionals in a major European country, have enough savings to last 18 days, if they ever lost their jobs! The squirrel, a small animal that collects nuts during the summer, for the long winter, would no doubt be quite amused.
A business associate, who ran a construction company, came to me once complaining bitterly that people were stealing from him. He pointed out that he had done huge projects, in the past, and yet he was now totally broke. "How could this be"?!
" The problem, is if I tell you, the truth, I will lose you as a friend." I told him.
"Please, please tell me!" He begged.
I recently read a report which showed that many working professionals in a major European country, have enough savings to last 18 days, if they ever lost their jobs! The squirrel, a small animal that collects nuts during the summer, for the long winter, would no doubt be quite amused.
A business associate, who ran a construction company, came to me once complaining bitterly that people were stealing from him. He pointed out that he had done huge projects, in the past, and yet he was now totally broke. "How could this be"?!
" The problem, is if I tell you, the truth, I will lose you as a friend." I told him.
"Please, please tell me!" He begged.