David over at MoneyNing urges us to all take action on the money tips we read online—not just read them and then forget them, or dismiss them as unrealistic, or tell ourselves they don’t apply to us. “We read the tips, agree that it makes so much sense, then we sit there and flip on TV to watch other people make money while we spend money watching them.”
1. Write it down. If you come across a useful tip, don’t just bookmark it or send it to a friend.
2. Don’t forget that investment requires hard work. It requires research, consideration, and constant attention.
3. Make the time. The worst thing you can do is tell yourself that you don’t have time to invest.
We also like the first line of this blog’s tag cloud, which due to happy accident reads like a new niche section at Barnes & Noble: “401k addiction advice books”.
“Why Do We Read and Follow Money Tips But Never Become Rich?” [MoneyNing]