What the rich know about building wealth and you... don't
Building wealth is a fun activity. Saving up money for your retirement or education for your kids is essential. But what if your goals are even bigger? Financial freedom and no need to work? Sounds great! Now work towards your goals! But how do I learn to invest? There is so much material put there! Keep in mind that no one was born learned. We all make mistakes. We all have expectations and reality breaks them into pieces. How can you avoid making some big mistakes? By reading and learning from experienced people. Here are several points that will guide you through the path of building wealth. 1. I buy assets. Or do I? Many people think that assets are everything that has a cash value. Then others didn’t even know what is “asset”. Anyway, the real definition of this word is a bit different. An asset is something that generates money. In other words, it fills your pocket with sweet cash. Let’s borrow an idea from Rich Dad Poor Dad by Robert Kiyosaki. We have a box ...
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