To achieve orderliness in the society, there are laws to guide people's conduct. This approach also applies to financial success. Money laws are applied by financially successful people as well as financial institutions. Phil Laut, an author and financial expert educates that there are four simple laws that govern money. The first of these four laws is the earning law. The second is the spending law. The saving law constitutes the third, and it is about the accumulation of a surplus from your income. The last of these laws is the investing law. In his own submission, LeBoeuf also says four things you need to know about money are: how to make it; how to save it; how to invest it; and how to enjoy it. In his words, "Very, very few people manage to do all four, although almost anyone can. The answer lies in applying a simple principle that I call LeBoeuf's Law...." This law is all about investing your time actively and your money passively.
To achieve financial success, you need to have the mentality of an entrepreneur or a millionaire. Brian Tracy, a professional speaker, trainer and consultant says when you see yourself as being self-employed you develop an entrepreneurial mentality, the mentality of highly independent, self-responsible, self-starting individuals. There are some insights central to the issue of making money. One of such insights is called the Time and Wealth Grid. LeBoeuf educates that it is the scourge of modern-day living that plagues most of us: If you have money, you do not have the time. If you have lots of time, you are hunting for money. "And most of us could use a whole lot more of both. Welcome to the time/money trap," LeBoeuf says.
You know, different countries have different laws and it's not a secret that some countries offer more beneficial conditions for running a business. For example, a company set up Singapore will bring many benefits to its owner because tax-free zones are available for foreigners as well.