THE RICH DON’T WORK FOR MONEY

Have you ever wondered how rich people get their money? It’s not just from working a job or getting a salary. Instead, “the rich don’t work for money”; they focus on creating assets that generate income, like stocks, real estate, or businesses, things that make money for them!

One way rich people do this is by creating things that generate passive income. Passive income is money that you get without having to work for it all the time. For example, if you own a rental property, you can get money from people who rent it out, even if you’re not working at that moment!

Another way rich people make money is by using leverage. This means using other people’s money or resources to create wealth. For example, you could borrow money from a bank to buy a rental property, and the rent you get from the property could be more than the loan payments. This is called leverage!

Finally, rich people know a lot about money and investing. They learn about investing, financial planning, and creating passive income streams. They do this because they know that schools don’t teach kids a lot about money. So they take it upon themselves to learn financial literacy and grow their wealth.

So remember that the rich don’t just rely on a job or salary to get money. They create things that make money for them, they use leverage, and they invest in their financial education. By learning about these things, anyone can approach money in a way that helps them build wealth and achieve financial freedom!