Why rich get richer and poor get poorer


Well, there is basically a change of mindset between rich and poor people.

Rich people are getting richer because they make assets and keep their liabilities in control. if you don't know what is asset or liability then check this link: https://tbmofficiall.blogspot.com/2019/01/assets-vs-liabilities.html


Rich people believe in smart work, not hard work, if it possible to become rich by doing hard work then the labours are very rich people in the world, but it's not a reality. I'm not criticizing Labours, they are doing great work, but I'm giving a real-world example.

Rich make their businesses and automate them, so that even if they are enjoying at DUBAI, then also their businesses are running and the money continuously comes in their accounts.

On the other side Poors or Middle-Class People, they believe hard work, 9-5 Jobs are great. So their whole life goes by doing the hard work and pay bills and taxes. They even don't know about assets and liabilites, they mostly buy those things which are liabilities, which takes money out from their pocket, and they even don't know this.

There is very Popular Quote:
The Poor and Middle Class work for money. The rich have money work for them -- By Robert Kiyosaki 

That's the whole differnce why poor are getting poorer and rich are getting richer.

If you want to make your mentality like rich people, because it all starts with the mindset, here is a great book which helps many people to change their lives, here it is: https://goo.gl/WC1BDz




Why rich get richer and poor get poorer Why rich get richer and poor get poorer Reviewed by Ahsan on January 04, 2019 Rating: 5

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