When I started my first job, I focused solely on making money. Money was an important factor at the time. So why do we work for money? People work for money because they’re fearful of losing their current lifestyle. Besides paying the bills, they want to maintain or raise their standard of living. If they …
Most people are unhappy with their jobs and wish they could change them. So why is working for someone else a waste of time? By working for someone else, you enrich their assets. You may end up getting a fixed income (regular paychecks), but it won’t help build your own wealth. So the opposite is …
Do you know if your business is profitable or not? Why is profit important to measure in business? Making a profit can help determine if you’re meeting your customer needs, and it can attract potential investors to your company. Profits are essential to the success of any company. As a business owner, you need to …
Ever wondered what you can do with your money once you’ve earned it? Besides spending your hard-earned income, you may want to save some of it, along with investing the rest elsewhere. If you’re curious, where do rich people keep their money? They don’t keep it all in a bank, but they’ll spread it out …
People often wonder what the rich do differently when it comes to their spending habits. So how do rich people spend their money? In terms of how rich people invest and spend their money, it’s a couple of levels higher than how poor people do it. That’s a question I’ve pondered on for some time, …