We all know the quote "the rich get richer and the poor get poorer" I heard this quote when I was in high school now I'm grown up. I always wondering why?
Is it that the rich have already wealth the day they are born? Have savings and investment?
While the poor doesn't have any of those?
The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.
The rich aren't necessary rich in money, they are rich in network, they are rich in ideas, they are rich in opportunities, they are rich in freedom and access, they are rich in personality. That is what I believe when they say the rich gets richer because if you are rich in these things, your networth will keep expanding. On the other hand, the poor is the reverse, ideas are lacking, they work super hard but not smart because there is hardly anyone to give them the opportunity. Infact, they have to work twice as hard to get half of what the rich has. Limited resources and lack of access to opportunities keeps them poor. This is my understanding.