Post
Topic
Board Economics
Re: True wealth comes from income when you sleeping but earning
by
mirakal
on 05/07/2024, 12:48:56 UTC
The great Warren Buffett said,  “If you don't find a way to make money while you sleep, you will work until you die.”

He’s mostly right isn’t it. Try to create a passive income if possible.

Most intentionally,great wealth comes from passive income,investing in businesses whether small or big.It's no doubt that you're wealth comes from income you've created beforehand,initially,getting a regular source of income can literally set you off the tracks from financial burdens and stress.
In this age building wealth is relatively easy,and its only easy to those who fully understand how this things work.

While you're earning money,set goals/have a plan and endeavor to meet them up.Save as much as you can,invest with ease and direction.
There's no magic formula asides this procedures,it's simple but people will find it very difficult to develop and practice on improving their tools to wealth Creation.
Everyone can just think that it is simply going that and this way but you can find it quite challenging in real life. Some people say "I save 10% for future investment" but after a few months, they remain empty because it is impossible to work for a person who is not committed to doing this stuff and is too difficult for a person who doesn't have financial knowledge. It is not the amount of money we get daily or monthly but it depends on our mindset and target goal. The only way to become financially stable and stress-free when it comes to money is to have multiple investments. As long as we still have the opportunity to invest, we don't have to wait for the time it will gone.