MORE IDEAS FROM THE BOOK
Poor work for money, the money work for rich
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.
People whose income gets spend on basic expenditure.
People whose income gets spend on luxury things and unnecessary shopping.
People whose income does not get spend, but they invest a good part of their income on money generating assets.
1. Theory One
Money is the cause of all sufferings
2. Theory Two
Lack of money is the cause of all sufferings.
Rich people work to learn things and those things they learn can easily be applied to make money in the future, over and over again. It is better when you actually learn things in practice Being rich dor not Being rich has very little connection to material possession
People's lives are forever controlled by two emotions - fear and greed. While fulfilling our greed we often opt for a job to earn plenty of money, which is eventually a short term solution to a long term problem.
It's just like the picture of a donkey dragging a cart with its owner dangling a carrot just in front of its nose. The donkey's owner may be going where he wants to, but the donkey is chasing an ILLUSION. Tomorrow there'll only be another carrot for the donkey.
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