Multiple streams of income
The rich invest their money in assets that put more money in their pockets, such as real estate, stocks, bonds, notes, and intellectual property.
The middle class and poor invest their money in liabilities that take money out of their pockets such as mortgages, consumer loans, and credit card debt.
If you want to be rich, I encourage you to begin investing in your financial education today. And your first assignment is to begin studying the differences between assets and liabilities.
By building this firm foundation, you’ll understand more about money than 99% of the world and be on your way to not just getting rich and making money but keeping it too.
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