Does Money make you Rich?

Does Money Make you Rich?

Does Money Make you Rich?

Many people think that working hard and earning more money will make them rich. So, they do extra jobs in there free time, in the end, they don't have the time to invest in themselves.

People are in the myth that money will make them rich. Only money will never make you rich. You can see that people with a high paying job have high Bad debt which is taking their money from there pocket. They show their cars and big house but in reality, they are in big Bad debt.

If the person has financial knowledge then, He will invest in real estate, paper assets, gold, and make the money work for him.

The Reason Why I am giving you the example his many people think that to make money work for them you have to be a business owner. After that, they start a business with 0% interest and fail. Job is not Bad If you love it.  

You can be Rich by doing what you love with the help of Financial Knowledge.

Financial knowledge is the Key to be Rich. We heard lottery winners, instant millionaires, who are poor again. Why they are poor again because they don't know how to make more money and let the money work form them. They don't have financial knowledge.

Money is just the number to measure your financial knowledge or reward for hard and smart work you have done.

There no shortcut for Getting Financial Knowledge.

There is no shortcut for getting financial knowledge but you can do what you others have done to increase financial IQ. You have to take Action and read lots of books. You have to learn from your own mistakes and other's mistakes.

Getting financial knowledge you are getting richer by getting smarter. If you lose your money you don't have to worry because you have the knowledge to earn again and fasters then, before because you have known the Roads and It's easy to walk on the same road again and again.

The New Rule of money

I learned this from the Book of Robert Kiyosaki. He talks about this in many books and I think it is very important to learn.

One of the reasons why so many people are struggling financially is becai=use they continue to operate according to the old rule which is to work hard, save money and invest in a well-diversified portfolio of stocks, bonds, and mutual funds. They don't Know why they invest in it and the broke also don't known.

When Nixon became the president of America. After 1971, The Value of the dollar loss and the Government start to produce funny money which changes not only the situation of America but also the whole world.

That, why Today's savers are losers. And Financial knowledge became one most important intelligence.

In Conclusion 

It does not take money to make money many people became broke to rich and you can also do it with the financial knowledge and Self-discipline you can achieve anything.