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Monday 4 April 2011

The differences between the Rich and The poor/Average

Always we heard that if we want to reach the level of "freedom" in terms of financial, we first have to know how the rich and the poor/average treat their money in daily basis life. Below are some of the tips that maybe can be useful to us.

The Rich

They work to find money - save their money accordingly - the money they saved invested in property, business, share, etc... - the profit from the investment before will be used for other profitable investment (here is where we call it as "money generate money". it's a residual process.




The Poor/ average

They work for money - save their money accordingly (sometimes) - the money they saved invested in property that generate income - the profit from the investment before will be used to buy things (here, we can see that the profit from the investment before will not generate new income...and it stop there). it's a residual process.

May all of us will reach the peak of financial freedom although it is not as easy as saying it. but...what is for sure is that to reach the peak of financial freedom is a process......and as long as we follow the basic process...we'll reach there. see u all there!!!! YES..WE CAN!

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