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"Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth."
NAVAL RAVIKANT
160
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The Side Hustle
- A side hustle is when you continue to earn money, putting food on the table, and from your savings and the free time you have, build something that can have some value much beyond the time and money it took to build. Example: You can use your late evenings and weekends writing a book or...
99
630 reads
The Side Hustle Becomes The Main Hustle
Another way is to devote 70 to 80 percent of your time in your side hustle(now your main work project) while leaving aside some time in a week to work for money to cover your basic expenses, probably some freelance gig work, giving you a safety net.
The day job is then your passion ...
91
765 reads
Making Money Vs Creating Wealth
Most jobs are purely money generation, and have little to do with wealth. Generating wealth is an entire different ball game than earning money, which you can easily do by learning a few in-demand skills, and taking up a job or freelance work.
112
907 reads
Generating Wealth Is A Long Shot
- Creating wealth means a lot of expenses initially, and is a risky proposition.
- A decent number of startups go bust, with the founders going bankrupt. They would have earned more just doing consulting or freelance work, but they chose to ‘burn’ money instead, with a...
98
678 reads
Balancing The Two Forces Of Money And Wealth
The secret sauce to create wealth while keeping your boat afloat is to balance the two forces at play, the force of wealth creation and the force of money or income generation.
92
683 reads
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The best way to attain financial success is not about having a budget or avoiding debt, or even choosing the right investments, but about having a system that makes automatic wealth creation possible for you while you sleep.
Investors make a lot of stupid financial decisions based on...
How We Use Money
There is a natural tendency to spend the money we earn, instead of saving or investing. If we watch how rich people utilize wealth, we can learn a lot from them and change our financial mindset.
One has to invest money no matter how less the income is, choosing something t...
What is Maiar Elrond?
Maiar (usually called the future of money) is a digital wallet and global payments app that allows you to exchange and securely store money on your mobile phone.
It is using the Elrond blockchain's internet-scale performance, scali...
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