Quote by NAVAL - Deepstash
NAVAL

Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.

NAVAL

29

530 reads

CURATED FROM

IDEAS CURATED BY

ashish7

Dreamer โ˜€๏ธ

The idea is part of this collection:

How To Become a Better Decision-Maker

Learn more about personaldevelopment with this collection

Understanding the importance of decision-making

Identifying biases that affect decision-making

Analyzing the potential outcomes of a decision

Related collections

Similar ideas to NAVAL

The Difference Between Income and Wealth

The Difference Between Income and Wealth

  • Income is earning money. Yes, it's the primary piece of wealth creation, but income itself is not wealth.
  • Wealth is having money. If you have a lot of money, you are rich. If you don't have much money, you're poor.

Investing: Understanding the broader context

A rare skill is to align your peak-wealth years with a generational collapse in interest rates, the Fed becoming comfortable with quantitative easing, and falling marginal tax rates.

Also, the ability to understand the historical context of what it was like in other times will help you app...

Money and Wealth

Money and Wealth

Money is not wealth. Money is a freedom currency. Use it to create wealth, not more money. If you do that, more money will come.

Hire people to do tasks you've mastered or buy software to automate tasks. It will help you to free up your time.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

โ€”

100+ Learning Journeys

โ€”

Access to 200,000+ ideas

โ€”

Access to the mobile app

โ€”

Unlimited idea saving

โ€”

โ€”

Unlimited history

โ€”

โ€”

Unlimited listening to ideas

โ€”

โ€”

Downloading & offline access

โ€”

โ€”

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates