Why only few people get rich
while most people live a poor or middle class life
Robert.Kiyo had two fathers, one of whom was real and the second was his spiritual father
His real father was as P.H.D doctor
And his second father never finished 8th
Their minds were different from each other
Both of them used to teach Robert different things.
His first father used to say " money is the root of all evil"
But the second one used to say " lack of money is the root of all evil"
His first father used to say" Never think about expensive things, we cant afford them"
But his second father used to say "Find ways to get what you want, so that you can buy expensive things"
His first father used to say" Get education sou you can find a good job"
But his second father used to say " Get education and open your own company and give jobs to other people"
Robert followed his second father's advice
And then he became the richest person of Miami Florida by following the advice of his second's father.
The most important thing the Robert learned from his second father was " financial literacy"
Which means assets and liabilities
(Assets make money)
(Liabilities spend money)
People become rich because they make their assets
While most of the people spend on their liabilities
For example Suresh and Ramesh are two friends both of them work in a same post. When they got salary Ramesh spend on his liabilities by buying different gadgets, cloth and different things, but Suresh spend his money to buy assets
like stocks, prize bonds and real estate and did't waste his money
After two years Suresh become a millionaire.
but Ramesh was still middle class person and used to say low salary is the reason of my poverty
So if you want to become a rich person spend your money on assets not on liabilities
it does't depend what your salary is.
Moral:
Shift from consumer mentality to investor mentality
Sorry for my english.
