Money grows in the hands of those who know how to handle it
Although almost everyone wants to have money nowadays, few are those who manage to understand in depth the true nature of money and wealth.
The money's value
In the world, there are really very few people who understand how to manage money, because doing so is a responsibility that implies understanding what money is at a deep level.
Put a million dollars in the hand of a poor person and in a year or less they will be poor again. Because what is missing is the knowledge, the mentality, and adequately concept of money and wealth.
This is why there is such a big gap between the number of rich and poor in the world. Because while 5% of the world population accumulates more than 95% of the available wealth, 95% of the world population has to share the other 5% of the wealth.
Are we seeing the inequality present in all this? But this happens mainly because that small percentage of the population that is rich, that small 5% of the total world population, understands the value of money and its possibilities, while the majority of the world population (95%) does not understands it.
The rich understand that the value of money lies not only in its ability to buy things (goods and services), but that it is a means to produce more money. The rich understand the concept of generating multiple sources of income, because they know that depending on a single source of income is not profitable, recommended or plausible.
Having a lot of money does not mean being truly rich
Contrary to popular belief, having a lot of money is not being really rich. Many think "I wish I won the lottery to be rich and forget to work..." and it is there, in that mentality where we can see the heart of the matter.
Those who believe that they will be rich at the time they have a lot of money and just for the simple fact of having money, are very wrong in that perspective. Because money does not grow in the hands of those who do not know how to produce it and who do not know how to use it to generate much more money.
Because who only thinks of having money to start spending it hand over fist without any hesitation, does not understand that the first thing they need to learn is to generate it, through wise investments. Of course, having money, we can and should use it to increase our quality of life and that of our families, that is a fact; but just as we will use it to cover our expenses, we must learn to generate it in a greater proportion than we spend it.
The false belief of saving
Many believe that the secret to being millionaires is saving, but it is not, because saving money by itself is not profitable at all, since money in banks, or money without mobilization; loses purchasing power over time due to the inflationary processes of the countries.
So saving is not the source of wealth, the source of wealth is intelligent investment, and therefore it is this type of investment that we must learn to make if we want to stop being part of that 95% of the world's population that is mired in poverty, to start being part of the select 5% of the world's population that enjoys wealth. It's as simple as that.
Money grows in the hands of those who know how to handle it
As the most people rich throughout history have shown, the secret to wealth is to keep money moving, producing more and more sources of income.
Many people believe that the rich person is the one who has luxuries, and this is not always the case; because while there are people who have luxuries because they really are millionaires and really have many sources of income that allow them to maintain their high lifestyle without affecting their wealth level; There are also many people who have luxuries to pretend a lifestyle that they really do not have or cannot maintain over time.
The point is that the essential thing, to be truly rich, is not to have a lot of money for the simple fact of having it; but to have money to use it appropriately to multiply the sources of income that generate more and more money for us.
The most important key to being rich is that our income far exceeds our level of expenses, but this is not achieved, as many believe, by saving, nor by skimping on the money we spend in our daily lives. Multiplying money implies knowing about investments, and learning more about investments every day, in order to act intelligently when opportunities arise.
So, to summarize, when we manage to make our money produce more money effortlessly, when we manage to have tens or hundreds of sources of income; and when the amount of money we earn far exceeds the level of our expenses is when we can really consider ourselves truly rich, and this will be, because we will have understood the real nature of money and wealth.
What do you think about the topic discussed? Please comment.
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