Most employed people always have a great strategy for building their wealth…
Which is...
Save a lot and live below your means.
It’s a very popular strategy. All the “experts” tell you to do this.
But guess what?
IT DOESN’T WORK!!!
Listen, if you chose to live below your means and live a life below your abilities then your spirit dies.
Acquiring financial education from the Richdad community will help you to do the opposite. Improve your spirit and help you become a bigger and better person by improving your financial intelligence.
Instead of living below your means, you'll learn at Richdad community that the better solution is to raise your income… and not by working harder. The better way to raise your income is through buying assets.
They defined assets as things that put cash flow into your pockets.
When you use your money to buy assets…
And then use the money your assets created to buy more assets…
Your income increases dramatically!
It did not increase because you asked for a raise. It did not increase because you worked harder at your job, it increases because of your financial intelligence. It increases because of you.
The key to living above your means is not to merely buy assets. Living above your means includes buying toys, houses, cars and other luxuries. The key to living above your means is the order in which you buy your assets and liabilities.
Buy your assets first. Then, with the money your assets have created, buy your luxury items, your liabilities. So, you buy assets. Your assets buy more assets and liabilities.
You can have anything you want.
Just buy the assets that can pay for it. If you want an exotic car or vacation on a remote island, then first buy the asset or assets that can pay for your car or vacation. Buy those stocks that you can cash flow through options trading, or buy those stocks with the high dividend return.
Buy Cryptocurrencies such as Steem and Steem dollars and hold.
The beauty is that after your car or vacation is paid for, you still have the asset and the asset continues to cash flow into your pocket.
What does that do for your spirit?
You live a life of abundance. You grow bigger and experience more life. You can help others. All because you improved your financial intelligence rather than focused on saving money and living below your means.
Savers are losers...
Invest in Steem and Steem dollars today.
Financial freedom starts with your financial education. Educate your mind today and become financially free.
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