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3 Things Rich People Do That Poor People Do Not
#1 Saving vs. Investing.
In today’s capitalistic world money is one of the biggest problem points for most people.
Many people go around trying to save every dime they earn, hoarding it all in the hopes it slowly grows. Sadly, the truth is that this is a process that has become way too slow.
Very few rich people nowadays make their fortunes through their careers. Some still do, but most that are rich do it through using their money to make more money.
Investing in Passive Income Generating Assets instead of simply saving their money has become the way to go.
Many poor people are simply too afraid to do this, or, more often, do not know about investments and make poor decisions. But that being said, many also do not take the time to learn.
Before you invest you should read and learn as much as you can so you can make safer investments. Do not listen to random tips or follow the big new craze and make it a habit of informing yourself.
If everyone just read a book a Month on Money, Investing or Finance in general, they would not need to worry about it nearly as much.
Disclaimer: Before people get upset at me for this let me say that I do understand if you do not have enough to invest. And…