The biggest difference between the poor and the rich

What is financial freedom? Is it too much money to spend? The answer is: no.

Even if you have a mountain of gold and silver, as long as you do nothing but spend money! One day, you will sit back and relax. The definition of financial freedom does not mean that you have more money than you can spend, but that your passive income is greater than your expenditure.

Suppose your monthly expenses are 200,000 yuan, and you have nearly 500,000 passive income in your account every month, what are you afraid of? Because it's all passive income that you get without working.

The first difference between the poor and the rich is that the way to make money is different.

97% of people are looking at money every day, how to make money, how to make money, but 3% are not, they are looking at how I want to do a business, how to turn my career into an asset, let my asset Bring me a steady stream of money, because as long as I have passive income, I will be free! I can do what I want to do.

The second difference between the poor and the rich is the way they spend their money.

As soon as it comes to spending money, a sentence pops into the mind of the poor: the money is spent and it's gone! Money needs to be saved, and money needs to be spent on the knife edge. Friends, do you know how terrible this kind of thinking is? This is the thinking of the poor, when you think that the money is spent, the money is really gone, because consciousness creates everything! Horrible when you think money is going to be on the knife edge! Friends, have you found that many poor people are like this. When they have no money, they are healthy. When they have money, they get sick. They have to go to the hospital for surgery and hand over all the money to the hospital. Isn’t this attracting the blade? Why don't you think that money is more and more available? And the rich think like this, the money is not spent, they think that the money is for business trips, and they want to bring him more money back, because this is a belief and it is very important! There is a way to spend money again. The plan for wealth freedom is to continuously increase assets and reduce liabilities. Increasing assets means increasing passive income, and reducing liabilities means reducing expenses. When one day your passive income exceeds your expenses, you will be wealth free!

What is an asset? It's just that you don't have to work, but because you buy this thing, it can put more money into your pocket, and this thing is an asset.

What is debt? It just doesn't require you to work, and after you buy something, it takes the money out of your pocket, and this thing is a liability.

Whether the thing in your hands is an asset or a liability has nothing to do with the thing itself, it has something to do with your head, and it has something to do with your property. As long as your mind is trained, everything in your hands will be an asset. Without training, everything will belong to you. There is a debt in hand, because the only asset of human beings is their own mind, remember the way of thinking, and remember the financial quotient.

What is financial business? It is the ability to create wealth and control wealth.

People have three quotients:

1. IQ: It can make you smart, but it can't make you rich.

2. Love hurt: It can make you learn to work for money and become a slave of money.

3. Financial quotient: Only financial quotient can make you the master of money.

My friends, I want to ask you a question. If you are given a job today and earn 800,000 yuan a month, what would you do?

Do it to death? Until when? Dry until a stroke? If you did work until you had a stroke, was the job an asset to you? Or debt? Is it a blessing? Or karma?

If it were me, I think I would do this, find someone right away, I will divide him 400,000, let him do it, and I will earn 400,000 passive income, which is financial quotient.

After we distinguish what is an asset and what is a liability, do we need knowledge to spend money?

The more the poor spend, the poorer they become, and the more the rich spend, the richer. There are two reasons. One is belief. The belief of the poor is that the money is spent and it is gone. The belief in people is that money spent will make more money, so money spent will actually make more money.

The second reason is the key, which is the way of spending money. The poor always spend their money on debts, and the more they spend, the poorer they become. The rich always spend their money on assets, and the more they spend, the richer they spend, and the more they spend on their necks. The more money you get, the less money you spend below your neck. Selling your physical strength can only make you poor!

What to sell then? It is selling intelligence!

Analysis of the five parts of the rich spend money

Step 1: Spend money to learn

Step 2: Spend money to start a business

Step 3: Spend money to invest and deploy five major assets

Step 4: Spend money and enjoy life

Step 5: Charitable donations, common prosperity

It doesn't mean that you don't donate before you have the freedom of wealth, but the premise is that you can't donate yourself and donate the principal. My friends send you a sentence: Only those who donate themselves can donate others.

So we must first raise a dream: financial freedom.

You are already poor, and you still want to help others? There is a saying in the ancients: When the mud Bodhisattva crosses the river, it is impossible to protect himself!

I am Qiankong, your mentor and friend! !

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