Jun 24, 2014
2:59:39pm
Combination of how much you make
and how little you spend. Make more and invest more (and better) and you build net worth.

Never having worked at McD's, I don't think much of earning $12 an hour as a way of getting ahead. In fact, I never have considered a job the best way to build wealth. No matter how good a job is, your income is limited to the amount of the wage or salary. But there are ways to earn based on your effort that have no such limits. Seems to make sense to get into this sort of arrangement. Find a way to make unlimited income.

I've been the rental apartments route and would not recommend it. It's fraught with problems and pitfalls. It's possible to build wealth with real estate but you've got to figure out how to do it without going crazy. Apartments (tenants) is not it.

The old saying, It takes money to make money, is pretty accurate. The more money you have, the more you can (and should) make. Build capital and get richer.

I like to work hard and make money but I also like to spend money and have expensive hobbies. Therefore, I am forced to come up with the money to pay the bills and support a variety of activities. Seems to work for me. The more money I need, the more I find a way to earn. That may be dangerous and not work for a lot of people though.

A guy once said, "Everybody's got a ripoff, it's just that some are better than others." I would recommend finding a good "ripoff" (job, business, whatever) and get it working. Get the cash flowing in and control where it goes. Build capital and invest broadly and intently. There are ways to honestly and ethically earn a very substantial amount of money. Find one (or more than one) and go for it.
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