Assets and liabilities
Assets: things that let money flow into your pockets (rents greater than monthly payments; funds, stocks, options; books; invest in yourself; pay attention to your own health)
Liabilities: things that let money flow out of your pockets (houses with monthly loan repayments) Cars; brand-name bags; seemingly assets are actually liabilities)
A person who wants to become rich only needs to keep buying assets. The poor buy more debts, which is a temporary satisfaction. Of course, things can’t be that simple. Many worldly practices will prevent you from buying assets. For example, you must buy a house and a car when you start a family. Whether it’s a full loan or a loan, what you buy is debt, because the married house lives on your own, even if the house price is within a few years. If you increase it, you won’t be able to sell it. There are also monthly property fees, management fees... and even more for the car. After buying the car, the annual insurance, maintenance, fuel, and car wash fees are all liabilities. In addition, you must find someone who fits the three ideals to get married. If you both want to become rich but she only buys debts and you want to become rich and want to buy assets, you must change quickly, or you will be dragged down sooner or later.
The poor are satisfied with momentary happiness and enjoyment, while the rich value the long-term.
capital
Negative meaning: widening the gap between rich and poor (unavoidable);
positive meaning: preventing the poor and the proletariat from having enough wealth for a lifetime, forcing them to work and go to work if they want to survive, and let a group of capable people (capitalists) Manage them, create value for society, and realize the great rejuvenation of the motherland.
The only essence: value-added
Work and career
Work:
Help others to achieve their careers. Career: Let others help themselves to achieve their careers.
So are you working for others or yourself?
It's still a matter of step by step to break the cauldron and sink the boat
The poor and the proletariat: The wisdom of the stud, barefoot is not afraid of wearing shoes, just use it as a ruin and amplify the courage to make money without breaking the law. You are already so poor, you didn't have much in the first place, and the big deal is that you won the clubhouse and lost your job in the sea.
The rich: the high-ranked ones should be like facing the abyss, walking on thin ice, and fighting every step of the way. It is easy to make a wrong step until it drags you into the abyss, all previous achievements and assets will be wiped out.