How Rich get Richer?
One of the common sayings, we heard is “While the rich get
richer, the poor get poorer”.
Why does this happen? Is this a fact?
Let’s see here.
The entry of corporate businesses globally is the cause for
all monetary transformations that we had seen.
Most of us are working for corporate and many are even happy
about their high paychecks. But, Very few have realized that most of our pay, goes
back to them!
You may argue like, I’ve bought a villa, car, etc., with that
money. But think, how many years did you work to buy that?
Every second, some of your money is lost! That is added to
the wealth of the rich.
That is not because of their smartness, but because of your
ignorance.
This is hard to realize.
You might have come across many comparisons. But the below
one is different!
It’s weird. It’s may be because I’m a mechanical engineer and
I think awkwardly…
I say, many businesses work like a Refrigerator!
This sounds really awkward...right?
What a refrigerator does?
It takes the heat from the cold region making it colder,
while at the back side the hot region becomes hotter unknowingly.
Businesses take money from the poor, making them poorer,
while at the front, the rich becomes richer knowingly!
I hope you will understand the comparison.
The poor are convinced by the rich with the words “You are
growing with us”
But before even they germinate, their roots take away all the
soil that is left for the poor.
Leave the poor, there exists another set of people in the
middle ground who couldn’t even take a foot in either of the extremities. They
keep oscillating up and down, believing that they will touch the upper
extremity one day without even realizing that they are getting damped after
every peak.
The solution which solves all these is knowing “How money
works?”
Robert T.
Kiyosaki says in his book “Rich
Dad poor Dad,
“Rich invest in assets,
poor waste in liabilities”
I can connect this with my opinion as below.
While you spend 100 bucks on a liability, the same 100 bucks is added as an asset to rich behind! For you, it is lost, for the rich, it grows, making him richer!
I can connect this with my opinion as below.
While you spend 100 bucks on a liability, the same 100 bucks is added as an asset to rich behind! For you, it is lost, for the rich, it grows, making him richer!
Jack Ma, the Chinese
business magnate says,
“If you put bananas and
money in front of Monkeys, monkeys will choose bananas because monkeys do not
know that money can buy more bananas. In
reality, if you offer job and business to people, they would choose job,
because they do not know that business can bring more money than wages.”
A Business can make all the difference. But of course, not
everyone can become an business magnate!
But, Knowing where to spend your money can bring a change to great extent!
But, Knowing where to spend your money can bring a change to great extent!
Spend your wealth on something that doesn’t decrease your
current wealth!
This is difficult to interpret, but that ‘something’ can
answer to “How money works?”
A report published by Oxfam, says that “The world’s 8 richest billionaires own the
same wealth as 50% of the world’s population of poor” showing us how wealth
is concentrated at one place.
It is hard to believe that the present world is focused on wealth.
Most of the wealth gets cycled within the community of the
rich. For the circulation expenses, they again take from us!
Widen your vision!
Think what you can do to bridge the gap that prevails between
the rich and the poor.
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