Hello Steemians! Today I'm going to tell you a simple trick that will make you rich, so without any further delay, let's get started.
There is not big difference b/w Middle Class & lower Class people, Middle Class People always complain about their low salaries they believe that their low salaries are the reasons why they're Middle Class.
Low Class people get their salary, they buy essentials same as lower class, Middle Class people get salary, they buy essentials and liabilities. Now what are liabilities?
There are two things 1) Liabilities 2) Assets
When a middle class person get paid after month He/She buy himself temporary things like Car, Expensive Phone, A New Bike etc which makes him/her feel like rich but these things are not just temporary but will take His/Her money in future as maintenance
Now there are some people who believe in creating ASSETS, now what are assets? Let's get to know!
Assets are those things which makes money for you.
Let me tell you a story first, there were two friends John and Smith, both were working on same salaries. John used to buy new things on his payday like a new phone, a new bike and a lot more things that made John feel rich.
Meanwhile Smith used to create assets like He invested his money in Stocks, real estate, prize bond etc and after some time Smith became a millionaire.
While John kept buying temporary things and stayed on the same salary forever.
Now it's your choice where you wanna go!
Bye! Bye!
That's very useful. Thanks friend.
:)
I think a lot of people should check out Robert kyiosaki Rich Dad Poor dad he goes into this in detail. What you say is very true.
You're right, I forgot to mention his name at the end.