Do not focus upon income. Concentrate on accumulate assets.
Income is nothing more than slavery. Assets can generate income which is not controlled by a boss or company.
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Do not focus upon income. Concentrate on accumulate assets.
Income is nothing more than slavery. Assets can generate income which is not controlled by a boss or company.
But at some point, one needs some sort of income to buy assets no?
That is true but that is why people work. But if they do not use the income to accumulate assets they are stuck on the hamster wheel of trying to get more income to keep up with their lifestyle.
I see this happen to too many people around me. No matter what I say they can't give up the spending more than they earn! But they do tell me, every time I take a trip somewhere: it must be nice to be wealthy! We make the same amount of money by the way! LOL
Even worse they go into debt to fund their habits.
Oh man, that's so true!
Yep. And they do it willingly. Nobody forces them.
Complete foolishness.
It's kind of funny, because it doesn't matter where. There will always be these people in the world.
yes there will be. but if everyone was wise with money... would there be as much money being made where there is money to be made?
I know exactly what you mean. I've heard this several times and am just frugal with my expenses. Most people don't understand this.
It's a never-ending cycle if the person doesn't wake up and want to get out of that bubble.
You're right, if people have this mentality, they will be able to be more successful in their investments and, of course, in their lifestyle.
I intend to focus on this from now on.
This is very true. Assets, unlike a job will provide me with financial freedom and independence from the control of others. Thanks for this highlight