If you want to be be rich, there is one simple rule that will make you financially independent if you follow it. It’s rule number one and the only rule you really need to know and is also the sole reason for why the rich gets richer, the poor gets poorer and the middle class struggles.
So one of the reasons the rich gets richer, the poor get poorer, and the middle class struggles in debt is that the subject of money is taught at home, not in school. Schools will never teach how to make money work for people, but it does a good job in qualifying people to work for money./read more (Primed)
The basis of this video comes from Robert Kiyosaki and his best selling books on personal finances “Rich dad poor dad” as well as “the cashflow quadrant” and I highly recommend you to check these out to learn more about it.
The reason why the rich gets richer while the poor and middle class struggles comes down to their personal balance sheet and income statements.The reason why the rich gets richer while the poor and middle class struggles comes down to their personal balance sheet and income statements.