You can spend weeks budgeting, saving, and cutting corners, but a short period of hard work isn’t going to turn you into a financial success overnight. If you want to win with money, you’re going to have to employ the secret of time.
There are lots of tools to financial success — budgeting, discipline, diligence, savings, giving and investing, to name a few — and you’re unlikely to achieve much without using all of them. But time seems to be the secret ingredient in this recipe, because everyone forgets to talk about it. That’s too bad; there’s no way to short-circuit the path to prosperity. [Read more…]