Only the poor and the middle-class work. The rich never works but still their money keeps growing.
How does that happen ?
No person can work 24 hours everyday to earn money but rich has a super employee who can do it. The super employee works 24 hours everyday but never charges for the work and gives all the money earned to the owner.
Who is that super employee ?
It's none other than money itself.
How to make money an employee ?
When I was a kid I asked my mom an expensive toy.
She shouted back "Money is not growing in trees".
I then went to my dad and asked if money is not growing in trees then from where does it come from.
He replied that money works to create more money in various places and also promised me to show one of those places next day.
Next day he took me to a bank and deposited some money in fixed deposit.
One month later when we checked our balance it had increased.
As a child I was suprised seeing the grown money. This taught me a great lesson.
When I was a kid I asked my mom an expensive toy.
She shouted back "Money is not growing in trees".
I then went to my dad and asked if money is not growing in trees then from where does it come from.
He replied that money works to create more money in various places and also promised me to show one of those places next day.
Next day he took me to a bank and deposited some money in fixed deposit.
One month later when we checked our balance it had increased.
As a child I was suprised seeing the grown money. This taught me a great lesson.
So to grow money you just have to send you money to such places named assets where they work to make more money.
Asset:
Deposits that earn interest, Properties that appreciates in value (like land), Portfolios in stock market, Mutual funds etc. All that in which money works for you and keeps growing.
Deposits that earn interest, Properties that appreciates in value (like land), Portfolios in stock market, Mutual funds etc. All that in which money works for you and keeps growing.
But beware of the devil named liability who kills your money.
Liability:
Interest paid on loans, Properties that depreciates in value ( like car ), Electric bills etc. All that which takes money from you.
Interest paid on loans, Properties that depreciates in value ( like car ), Electric bills etc. All that which takes money from you.
Should we never buy liabilities ?
Ofcourse we can! Everyone likes new car, latest mobile etc. but the poor buys those when they saved enough money to buy while the rich buys the same when the have acquired enough assets generating the required money.
Conclusion:
Next time when you are spending your money just ask yourself whether your are sending it to work or to be get killed?
All rich people are rich without working just with this one step.
Next time when you are spending your money just ask yourself whether your are sending it to work or to be get killed?
All rich people are rich without working just with this one step.
Can you make money work for you?
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