It is funny that a lot of people and when I mean a lot, I am talking about the majority of people go through life without learning and understanding how to build real wealth. I do not blame this people because I would have if they were lazy, or lacked ambition but this is not the case, instead they do not have the avenue to learn it since the system is rigged.
The system is designed to allow people start work, work harder, save money and avoid risk to the highest but what is wealth without risk? The system doesn't teach how to grow wealth, how to protect wealth, and how to make it last for generations, and in most cases, it looks like it is deliberately kept out of reach for the majority of people.
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Luxury is not a definition of wealth, it is just what people glamorize but in reality, it doesn't make life better. For people who want to grow wealth, and when I say this I do not mean those who are already wealthy, I am talking about people who are just starting, buying a luxurious car with all your money is not a wise spending, even when it is good for the likes and clicks on social media, the value drops immediately you drive it out of the lot. I am not against buying what you love because I advocate for it but if you are just starting off, it is good that you know that material things will not give the desired joy and peace a person want neither will they also pay bills.
Do not be deceived by society and the use of luxury a it pushes consumerism keeping people on their toes to work for things they do not have and purchase what would not give them joy. Instead you just work, spend, and work again. With true wealth, you are able to choose what you want and when to. You are not left in the dark neither are you left in the shackles of society. What you need to work on is how to own your time and spend the time how you want it.
Time is a currency that you need more than any other thing. Working hard to make money that you would spend and working harder to be able to grow the money is not the rule of the game but people learn this at a really late period of their lives. Time is more valuable than money and when you are working for time especially on low value task, you are going to be putting your most valuable asset on a discount. If you want to grow while owing your time, you need to learn high impact skills, build passive income streams, and surrounding oneself with growth-minded people.
One thing I have learned this few years is that wealth comes from ownership and not wages. Nobody will deny that it is taught that the safest part to a good life is to get a secured job, and have a steady income but this thing has a rooftop because unless you are working a high paying job, you would not break from the circle you are in currently even when the money is increasing.
The current system educates us to take on a paycheck either from the government or from corporations instead of taking risks. It might sound interesting at the beginning but over time, it isn't because the bandwidth to continue at this pace over the years. Creating income for today alone will put too much pressure on the future you think you are building instead own what you will enjoy in your old age and be able to transfer.
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