Business Ownership and Wealth Management

Dana Barfield

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Blog Post

A Little Encouragement...

All hard work brings profit; but mere talk leads only to poverty

I am not sure the origination of this quote, but it certainly is timely:

"Hard work: All hard work brings profit; but mere talk leads only to poverty.
Earnings: Never depend on a single source of income.
Spending: If you buy things you don’t need, you’ll soon sell things you need.
Savings: Don’t save what is left after spending; Spend what is left after saving.
Borrowings: The borrower becomes the lender’s slave.
Accounting: It’s no use carrying an umbrella, if your shoes are leaking.
Auditing: Beware of little expenses; a small leak can sink a large ship.
Risk-taking: Never test the depth of the river with both feet.
Investment: Don’t put all your eggs in one basket."

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More Stories By Dana Barfield

Dana is the president of The Barfield Group, which has provided industry leading Financial Advice, Investment Services, and helped people Plan for Retirement for more than 20 years. He is a frequent speaker and writer for a variety of industry, regional, and national publications on business ownership and wealth building related topics.