Offense and Defense in Personal Finance: The Way to Get Rich
The legendary book The Millionaire Next Door uses the football terms "offense" and "defense" to describe increasing income and minimizing expenses respectively. It is a more useful analogy than the authors of that book realize since they are college professors. You can take either route to financial success: offense or defense. In most cases, a combination of both is the best one. Offense-making more income-is the most popular path to wealth, the most glamorous, the most prestigious-but it is not the only way, contrary to what most people think.