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Rich people make money work for them from "summary" of Rich Dad Poor Dad by Robert T. Kiyosaki,Sharon Lechter
In the world of money, there are two types of people - those who work for money and those who make money work for them. The rich people fall into the latter category. They understand the power of passive income and assets that generate cash flow without them having to work actively for it. Unlike most people who rely solely on their salaries for income, the rich focus on building and acquiring assets that will continue to generate money for them over time. They invest in stocks, real estate, businesses, and other income-generating opportunities that will provide them with a steady stream of passive income. By making money work for them, the rich are able to create wealth and financial freedom for themselves. They understand that relying solely on earned income is limiting and will not lead to true financial independence. Instead, they leverage their resources and investments to grow their wealth exponentially. The concept of making money work for you is not just about saving and investing wisely. It's about having a mindset that is focused on creating multiple streams of income and building a strong financial foundation that will support you in the long term. It's about understanding the difference between assets and liabilities and making smart decisions that will benefit you in the future. The rich understand that money is a tool that can be used to create more wealth and opportunities. By putting their money to work through strategic investments and passive income streams, they are able to grow their wealth and achieve their financial goals.- The concept of making money work for you is a fundamental principle of financial success. It's about shifting your mindset from working for money to having money work for you. By focusing on building assets and creating passive income streams, you can achieve financial freedom and create a life of abundance and prosperity.
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