Learn more about moneyandinvestments with this collection
The importance of innovation
The power of perseverance
How to think big and take risks
Difference Between Rich And Wealthy
Rich is a current income, someone driving a Porsche may be considered rich, irrespective of their wealth until he had a certain level of monthly income to afford
Wealth is hidden, it's income not spent, it is an option taken not yet to buy something later.
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You Don't Need Tremendous Force To Create Tremendous Result
If little growth serves as the fuel for future growth a small starting base can lead to extraordinary result that seem to defy logic.
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Getting money is one thing , keeping it is another
Getting money request taking risk, being optimistic, and putting yourself out there.
Keeping money request the opposite of taking risk. It requires humility and fear
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Building Wealth
You can build wealth without a high income but have no chance of building wealth without high saving rate.
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True Wealth Is What You Don’t See
Spending money to show people how much money you have is the fastest way to have less money.
We tend to judge wealth by what we see because that’s the information we have in front of us. But the truth is that wealth is what you don’t see. Rich is a current income. Nice cars...
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.
Rich And Wealthy
By making wealth your priority now, you could be both later. Establish a strong financial foundation that will give you financial security and peace of mind moving forward.
Living paycheck to paycheck is a guaranteed way not to build wealth.
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