One reason why the RICH get RICHER is because they work to ACQUIRE ASSETS, while EVERYONE else ACQUIRES LIBILITIES that they think are ASSETS. MILLIONS of people STRUGGLE FINANCIALLY because they WORK HARD and BUY LIBILITIES, such as HOMES and CARS. When they get a PAY RAISE, they buy a BIGGER HOUSE and NICER CARS hoping to LOOK RICH but really BECOME POORER, MORE DEEPLY IN DEBT.
If we want to succeed in life, we have to close our ears to the noise around us and focus on our own strategies for success. Do not spend money you don’t have to impress people you don’t like…
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Posted on May 15th 2010 in Personal Finance
