- Money Makes Money - You must re-invest what you have earned if you want to make more.
- Wealth does not come from your job - It is the best way to make capital at first. But true riches come from the passive income you make.
- It takes more money than you think - Millionaires do not live the lifestyle that they are imagined to. Most people would need approximately $10 Million to live a lifestyle close to what they imagine.
- It takes time - Get-rich-quick schemes do not work. If you want to be rich you must invest your money and be patient.
- Some debts are good - Leveraging a debt can be of huge benefit if used right.
- Rich people do not look rich - Most of them are comfortable being who they are. They do not need clothes to show off.
- It’s not what ultimately matters - Sure, money makes things easier
- to a point. After that its about what you do not whats in your bank account.
- Most wealthy people do not have much cash - Their bank accounts are often rather small. It’s their assets that make them reach the high net worth they have.
- Where you are does not define your actions - The wealthy can still make money on vacation. Their actions are not bound by their situation or location but by their standards to themselves.
- Money is a means to an end - The question is, do you know your end? What will you actually use the money for? Why acquire so much?
Tuesday, June 9, 2020
WHAT THE RICH KNOW THAT THE POOR DON'T KNOW ABOUT MONEY..
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