You know where the idea that simple, small, budgeting techniques can reap huge rewards comes from? Chess, or course. Grandmasters know that they can win a game by making a series of innocuous looking moves, and each of those moves will improve their situation a little bit, until they ultimately become big winners.
Check out this great video where Susan Polgar illustrates this idea by explaining how a small move on the chessboard can turn a seemingly lost game into a win:
If you have trouble viewing the video, click here to watch.
Enjoy this video? Buy a copy of Rich As A King, and you can get free access to other bonus videos that illustrate other chess and financial concepts in the book.
Douglas Goldstein, co-author of Rich As A King: How the Wisdom of Chess Can Make You a Grandmaster of Investing,is an avid chess fan, international investment advisor and Certified Financial Planner (CFP®).
