Wealth is Good
Cash Flow Is Better

This article, written by Keith Whelan, was recently posted on Wise Bread’s personal finance site.

If you think about it, achieving success in some of our most important life activities requires two key ingredients: Knowledge + Behavior.  Knowledge by itself isn’t enough; knowing what to do only gets you halfway there…you also need to follow through by taking action.

Take a job, for example.  On paper I might be an expert at my profession.  Very knowledgeable.  But if some aspects of my behavior are lacking – say, weak organization or communication skills – and they lead to poor or failed execution, then my chances for rapid career advancement are slim.

The same holds true for financial success.  There’s certainly no shortage of information and advice on managing our finances.  But what are the behaviors that contribute most to turning that knowledge into successful results?  A good place to look is among people who are financially successful.    Read the full article at: http://www.wisebread.com/7-habits-of-the-financially-successful

Keith Whelan is Cashflownavigator's founder and author of the "Wealth is Good, Cash Flow is Better" e-booklet. He is a graduate of Columbia University Business School, teaches at Rutgers University, and has over 30 years experience in the banking and financial services industry. Keith, his wife Cindy, and their two sons live in New Jersey.