Learn more about personaldevelopment with this collection
Understanding the concept of the self
The importance of living in the present moment
The illusion of control
Direction of your cashflow
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 good part of their income on money generating assets.
356
3.5K reads
MORE IDEAS ON THIS
Money - Two theories
1. Theory One
Money is the cause of all sufferings
2. Theory Two
Lack of money is the cause of all sufferings.
341
5.29K reads
The Money Education
Assets
The things which increase your money.
Liabilities
The things which reduce your money.
311
3.63K reads
Poor‘s Mentality
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.
337
3.53K reads
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A Stoic Way To Invest Your Money
First manage the money you do have, then use your money to generate more money. You don't need to think about investing until you're out of debt and have multiple ways of generating income.
- Use the 90/10 rule, where only 10% is used on speculation.
Types of people
Category 1: Losers
People who always see negative in everything and put in the least amount of effort or no effort at all. They are least bothered about what is happening around them. They will only crib and complain about how the world is. They will say someth...
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