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Parkinson’s Law In Finance
By admin | April 16, 2008
Topics: Rich Dad Poor Dad |
There is this theory known as “Parkinson’s Law.” In the context of finance, it means “the more you EARN, the more you will SPEND.” Many of us were illusioned with this myth, “If this person is a director of a company, this person is a big shot, this person is running his own business…. this person must be filthy RICH! This person, for sure, has LOTS and lots of money.” My humble experience as a financial associate tells me otherwise.
Source:
Parkinson’s Law In Finance
