Why save when the federal reserve prints trillions each year? They devalue our savings and force us to accept their worthless fiat currency. Instead of going broke by their hand, take back control. Use debt as a strategy to get ahead.
Remember, when you work for a paycheck, you’ll dive into poverty. Fifty percent of your earnings are stolen by the government. And at the rate the feds print cash out of thin air, it’s only a matter of time before they collapse the market. It’ll leave hard-working Americans in a position of servitude.
This trend of destruction started in 1971 when Nixon took us off the gold standard. It’s when money no longer had value and debt became the new normal.
Now, when you work for a salary, you’re forced into the “I can’t afford it” mantra. And it’s this mentality that separates the workers from entrepreneurs.
You’ll never hear an entrepreneur ask, “how can I afford it? How can I do it?” They think, “how can I get this? How can I get it done?” They learned early on that a person’s mindset destroys or elevates. And when you tell yourself you can’t do something, you won’t.
Instead, think like the wealthy. Tell yourself you can do it. Learn how to use debt to your advantage. One example, buy real estate. In other words, play monopoly in real life. Once you have four houses, upgrade to a red one — the hotel on the Boardwalk.
That’s how you gain wealth, passive income streams. Never rely on a paycheck again. It’s the biggest mistake I ever made, and I’m still paying for it today.
Let’s all put our entrepreneur caps on and create passive income streams. If we don’t, then we're our own worst enemies.
References
Motiversity. 2019. RICH VS POOR MINDSET | An Eye Opening Interview with Robert Kiyosaki.
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