A Wealthy Appetite
August 1, 2009 by Deborah Owens
Filed under Uncategorized
“In order to attain a wealthy lifestyle, you must first develop a Wealthy Appetite.”

On a recent visit to San Francisco I was able to spend a day with my sister, Veronica. The one thing I know about her is that she will provide me with the latest research on food and nutrition. She loves to cook and has recently traded baking cheesecakes for preparing nutritious meals. Her new passion is showing clients how to prepare nutritious meals in thirty minutes or less. I am proud of her because she recognized that to be healthy and fit you have to prepare nutritious meals and exercise.
On the morning that I was to return home we went for a walk near the marina and breathed fresh air while looking at the San Francisco Bay and the Golden Gate Bridge in the distance. By the time I departed I had a few new nutritious recipes that I could prepare at home. Since my visit I am conscientious about my eating choices and was surprised when a grocery store cashier recently commented, “You sure have a lot of healthy food.” It was at that point that I realized my sister had helped me to develop a “healthy appetite.” Now it’s my turn to provide you the same type of help my sister gave me. I’ve been reading a lot of the responses from readers of this column who want to know what to do to get their financial house in order. I will devote the next three columns to your cause. This column deals with the most important wealthy habit of all, “A Wealthy Appetite”.
One of the reasons that my sister is so knowledgeable about health and nutrition is because when you enter her loft apartment there are loads of magazines on fitness and health. She has learned most of what she knows by reading and experimenting. That’s exactly what I do to keep abreast of the latest information on saving and investing. I read, analyze, and use the information to make decisions about my personal finances. I then share it through my books, radio programs and this column. My appetite for information on wealth building has developed throughout the years, so read on and learn how you can feed your intellect and develop a wealthy appetite of your own.
Wealthy Appetite Tip # 1
Review the business section of the newspaper. In every major newspaper in America there are personal finance columns just like this one, which provide the latest information about saving and investing. Many of these personal finance columns are syndicated. Make it a habit to peruse the business section to learn something new about the financial markets, economy and corporate news everyday. You will be surprised how easy it is to begin to apply this information to your situation.
Wealthy Appetite Tip # 2
Subscribe to a personal finance magazine. If you were to visit my home you would see several magazines. Two of my favorites are Black Enterprise and Kiplinger’s Personal Finance. I’m sure that my sister and I developed our appetite for information from our father, who subscribed to Time, Life and other periodicals. You can save a lot of money by subscribing and will likely find all kinds of tips to increase your knowledge and confidence about wealth building.
Wealth Building Tip # 3
Books and Books on Tape. My recent trip to San Francisco was five hours one way. Prior to my departure I purchased two books, which I finished by the time I returned home. If you want to learn about investing in stocks check out Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! by Phil Town. It is the first book on how to research stocks that is extremely easy to understand. If you don’t have a lot of spare time, many books can be purchased in an audio version, which you can read on your commute to work or while working out at the gym.
Everything you need to know in order to build wealth is at your fingertips, but it will require effort on your part. You may not have a sister like mine who can show you what to do, but the knowledge and the confidence you need to build wealth can be found in the pages of your favorite book or magazine. In my next column you’ll learn the next habit to putting your financial house in order—–”A Wealthy Outlook.”
PDF Version: A Wealthy Appetite - TDJakes.com
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I like your idea of picking a role model who has achieved wealth despite the odds. I am trying to identify the black domestic worker who several years ago upon her death donated a million dollars to an HBCU. As soon as I identify her, that who I want as my role model. Do you know who I am speaking about?
Yes. Her name is Osceola McCarty and I discuss her in my book
“Nickel and Dime Your Way to Wealth.