So you are relatively poor while other people seem to be incredibly rich. But getting rich
seems like a mysteriously complicated feat, right? Maybe win the lottery some day, become
a movie star, or maybe end up on the right place at the right time and get that once
in a lifetime opportunity. Otherwise you're just good at being poor. Okay, here's the
thing. Becoming rich is very similar to becoming poor. See the way you get poor is like this.
You work hard and buy things that take money out of your pocket. These are what richy-pants
financial people call liabilities. And if you keep acquiring these liabilities eventually
you will be poor. Guaranteed. Now becoming rich is pretty similar. You still work hard;
you still buy things, except you buy things that put money in your pocket. Things like
real estate. Businesses. Stock. Things called assets. And assets generate money for you
even when you're not working which grows exponentially with the more assets you buy. And if you keep
buying these assets, soon you will be rich.