Did You Know That The Rich Don't Work For Money?

Just get out in the Rat Race!

I wish some one could properly answer that question, start playing the lottery is your best bet

You know why? It's because they are not relying on their salary. Remember, the higher the salary, the higher the taxes.

In my country the real wealthy people pay less tax , which don't make sense as they can afford to pay it . But the rich make the rules but apparently the want to impose a super tax.

You have to put the work in to gain the assets for your passive income. No matter how smart you are, if you're not prepared for some seriously hard graft in the first few years, you'll never be rich.

You know, please don't say work hard because many people are having bad debts because of that two words. It's not really work hard, but work smart. All you have to do is have cash flow(assets). Cash flow is an income even without working, AKA passive income. And you can become rich as long as you know what an asset is and a liability.

In stocks, I guess they have to sell it too to earn profits unless the investor is satisfied on how his money is earnings. The same thing with real estates.Either they build a building so that others may rent it or he uses it as his office for his business.Or sale it after a couple of years or more which could mean his purchased prize before could jump 100% or double it's original purchasing price.

Yep, but not only stocks, they invest on real estates too. Just like from Monopoly from Hasbro.

Just get out from a life called "Rat Race" Rat Race is a life that has full of bad debts.

i agree with what you meant emmanuel_II. being rich doesnt always apply on finances.

To become rich, it's not about the possessions you have but the knowledge and wisdom you have. And it depends on you how to live your life. Example: A family that has a strong bond; Friends that you can always rely on; Someone that protects you from any harm and evil, even from yourself, and others..

They're not only investing on shares, but, also they're investing on real estate and other opportunities.

You know, rich people became rich not because of their possession or gold, but because the way they think is different from middle class and poor. Example: The poor became instant millionaire from lotto or others, sooner or later, they became poor again.

To tell you the truth, its the truth. The rich became rich not because of what they possess, but because they find opportunities wherever they go that the poor and middle class couldn't even the opportunities that is already in front of them. Remember, if there are problems, there are opportunities! :)

They buy and make money because of passive income. All they do is buy assets, not liabilities.

(Please read it all, this will help you understand your situation.) Seriously, it's not the rich people who makes the poor poorer. Remember Robin Hood. By the time that people heard the story of Robin Hood, the poor demanded to their government that the rich will pay for the poor. The government put taxes in the rich depending on their salary. But, when the government hold a high quantity of money, they wanted more and they increase the taxes. (But you know, the rich think differently) Ex. Some rich people are investing on the transportation in search for resources, when the resources came, they will have their income. (This is not from their salary but their passive income) When the government know about the rich is paying less (because the rich have less work), the government put taxes in the middle class. (This time their greed upgraded) They also put taxes to the poor. "That's the reason the poor and middle class became distant to the rich"

hello! It's true that the rich people they are not working for money but their money working for them. This means that in financially free people, they invest money in the bank, bonds and other financial institution for investment. So in this way, once they deposit their money, it will grow due to interest monthly or yearly. So in this case their money working for them. Say if you have million to invest, of course interest will follow and grow higher and higher without working on it. This is called a passive income. Just earning without working.