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Many people think that earning 3 million, 10 million means they are out of poverty.
Actually, not necessarily.
When a poor person earns 10 million, their first reaction is to buy luxury cars, upgrade to a big house, and increase consumption.
When a rich person earns 10 million, their first reaction is to allocate assets, expand cash flow, and let the money keep making money.
One is spending principal,
the other is buying the future.
True financial freedom has never been about how much money is in your account.
It's about having money continuously flowing in even when you're sleeping, traveling, or daydreaming.
People who earn money through labor,
stop and their income stops.
People who earn through capital,
stop and their income still continues.
So the biggest gap between people,
is not wealth disparity,
but cognitive disparity.🫵