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Pursue Affluence
Not Just Currency or Social Standing
86 days left in the quarter.
Difference of the Day #108
Let's redefine wealth. It's not just about piles of cash or your place in the social hierarchy. True wealth is about affluence—owning assets that generate income for you even while you sleep. Think about it: currency is merely a tool for exchanging time and effort. Social standing? It's just your rank in society.
Picture owning a rental property that provides monthly rent or holding stocks that yield dividends. These are assets that work for you, turning affluence into a tangible reality and providing a sense of security. According to a Federal Reserve study, the top 10% of U.S. households own 93% of stocks. Clearly, the affluent prioritize income-generating assets.
Consider Sara's story. She worked a regular 9-to-5 job, but instead of splurging on luxury items, she invested in a small rental property. Today, that property's income matches her previous salary, allowing her to pursue her passions.
So, how can you start? Begin small. Assign a portion of your income to invest in assets like stocks or real estate. Start with what you can afford and watch it grow, bringing you closer to your financial goals.
What's your next step towards affluence? Start by researching an investment type that interests you. It's time to let your money do the heavy lifting.
True wealth isn't just about money or social standing. It's about affluence—owning assets that work for you, even while you sleep.
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Today, Make A Difference.
Andrei
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