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Ideas from books, articles & podcasts.
1. Theory One
Money is the cause of all sufferings
2. Theory Two
Lack of money is the cause of all sufferings.
Assets
The things which increase your money.
Liabilities
The things which reduce your money.
Poor
People whose income gets spend on basic expenditure.
Middle class
People whose income gets spend on luxury things and unnecessary shopping.
Real rich
People whose income does not get spend, but they invest a goo...
Most of the people think that their wealth will increase with increase in their income.
However, they end up increase in expenditure along with increase in income.
In contrast, rich people have attitude of saving and investing which make them rich.
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