>>9691130What have you done to accumulate wealth today? I don't mean working for a paycheck and hoping for a raise, that's not how the rich have made it to where they are now. How have you worked towards separating 'selling your labor' from your 'primary source of income'? There are many ways do to that.
Each day at work you sell your labor in exchange for a fiat currency. Whether you like your work or not, chances are that you prefer free time. The currency you earn is slowly inflated away with up to 2-3% a year, that's why savers are losers. Did you know that earned income is also the highest taxed form of income? Thanks to our progressive tax system if your income grows, so does the government's cut.
Did you know that the average small business owner works more hours than a wage employee? Many people dream of owning their own business someday, and that comes with reason; business owners are more wealthy than the average wage earner. But small business owners face the same fundamental limiting factor as wage earners: their own time.
The solution to this problem is to develop passive sources of income. Passive income can come from dozens of sources, but here is some advice for beginners. To do this you'll first need to build your financial knowledge. Get a good head start by reading the following:
- The Richest Man in Babylon by George Samuel Clason:
https://www.pdfdrive.com/the-richest-man-in-babylon-e17589151.html- Think and Grow Rich by Napoleon Hill:
https://www.pdfdrive.com/think-and-grow-rich-by-napoleon-hill-e15702473.html- Rich Dad Poor Dad by Robert Kiyosaki:
https://www.pdfdrive.com/rich-dad-poor-dad-pdfdrive-e136494023.html 