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10 August, 2018

Rich is not financially free!

People often tend to link rich and financially free together. In actual fact, they are different. They are two separate entities.

Rich IS NOT financially free, but financially free will lead to rich eventually.

Example, a person who win a huge lottery overnight. This sudden windfall make him rich but yet he is tied down to the 9-5 rat race's job daily to put food on the table, no doubt he can buy luxurious items and spend on expensive travels, etc in a short spur of time.

However, as for financially free, e.g. rental income, it brings you passive income monthly without doing any work at all. You don't have to work for money, instead let money to work for you! You can spend your precious time wisely to do meaningful things instead. You may not be "rich" initially but this accumulation of wealth through time will eventually lead you to become real "rich".

Still don't really understand? watch this video by T.Harv Eker :

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