“Rich don’t work for money, they let money work for them.” - Deepstash

“Rich don’t work for money, they let money work for them.”

  • For rich people, the their asset generates more than enough to cover expenses, with the savings reinvested into the assets. So assets continue to grow and they keep getting more rich.
  • "Compound interest is the 8th wonder of the world" - Consistently investing money will grow exponentially over a long period of time. Keep investing patiently and let the compound interest do its magic.

8

78 reads

The idea is part of this collection:

Think Outside The Box

Learn more about moneyandinvestments with this collection

How to challenge assumptions

How to generate new ideas

How to break out of traditional thinking patterns

Related collections

Similar ideas to “Rich don’t work for money, they let money work for them.”

How to Prepare for Rainy (Financial) Days

How to Prepare for Rainy (Financial) Days

  • Make savings part of your monthly budget. 
  • Keep your savings out of your checking account, as it may prevent you from spending it.
  • Open a savings account at a different bank than where you have your checking account so it won’t be too easy transferring be...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

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