Wealth creation - as opposed to income creation - isn't limited by the time-for-money trap because of a concept called leverage. The only way to create true wealthis to leverage your time, money and efforts so that 10 hours of work equals 100 hours of pay ... or even 1,000 hours!
The way rich get rich and stay rich ... by putting their money to work for them by investing it over time. That's the big difference between income creation and wealth creation. Income creation is temporary- you have to do the work or you don't get the income.
Wealth creationis permanent - you escape the time -for - money trap by putting your money and your time to work for you.
-Raman sharing some financial idea (more on this in my next post) Happy reading. Comments welcome.
Excellent idea!
ReplyDeleteThanks. More on this in today's post
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