Breaking the Parkinson’s Law of Money – The Secret to Wealth Accumulation

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	Breaking the Parkinson’s Law of Money – The Secret to Wealth Accumulation

mdkf04

7-12-2009 11:05 PM

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tags:

saving money, parkinson's law

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/95d156f4-6ea3-498e-a1aa-7881a52229ee/6E806791-E5FD-49E9-900D-E4FC288A78F8/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.healthyfinancialhabits.com/breaking-the-parkinsons-law-of-money-%e2%80%93-the-secret-to-wealth-accumulation/" href="http://www.healthyfinancialhabits.com/breaking-the-parkinsons-law-of-money-%e2%80%93-the-secret-to-wealth-accumulation/" style="font-size: 11px;">www.healthyfinancialhabits.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.healthyfinancialhabits.com/breaking-the-parkinsons-law-of-money-%e2%80%93-the-secret-to-wealth-accumulation/"><P>The Parkinson’s law is important to understand and practice when it comes to accumulating wealth.  I will start off with a short story of a typical college graduate then later explain what exactly the Parkinson’s law is and how it applies to wealth accumulation.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.healthyfinancialhabits.com/breaking-the-parkinsons-law-of-money-%e2%80%93-the-secret-to-wealth-accumulation/"><P>After completing four years of college and living on minimum wage supplemented by various credit cards, you finally land your first full time job. You are excited to know that you will not have to eat another bowl of Ramen noodles or order off of the dollar menu at McDonald’s.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.healthyfinancialhabits.com/breaking-the-parkinsons-law-of-money-%e2%80%93-the-secret-to-wealth-accumulation/"><P>You are now earning more than twice what you were earning prior to graduating. You move out of that bug infested apartment into a nicer apartment on the other side of town. You now buy actual food at the grocery store instead of vitamin fortified cardboard and purchase bottled Budweiser opposed to canned Natural Light.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6E806791-E5FD-49E9-900D-E4FC288A78F8/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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