Learn How The Rich Get Richer - Wealth Creation Formula

We all want to know, "How is it that the rich continue to get richer?" It's actually a simple choice that one makes about their personal finances.

I am going to share some financial terms that will come up during this article.

Financial Terms
• Cash Flow- money you bring in
• Expenses- money you spend
• Assets- something you own; something that pays
• Liabilities- something that cost you

So lets talk about how the broke people spend their cash flow. Now this not to pick on any class. This is purely the facts.

"Broke" individuals live from paycheck to paycheck. They seem to have more month at the end of their money. They often use their expenses to buy "stuff". These are things that they do not need. Lets face it, this is not a healthy habit and a way to wealth.

Now, on to the middle class. Everyone wants to be apart of this wonderful class. Good career or job, nice home, and a nice ride. The greatest illusion known to man.

The "Middle Class" spend their cash flow on liabilities. Homes, credit cards, and car payments. This class is too busy trying to keep up with the Jones. Their cash flow cannot keep up with the expenses causing a major financial burden. Middle Class individuals spend more than they make. Referencing Rich Dad, Poor Dad by Robert Kiyosaki, these people are generally employees or self employed.

Ex. An attorney gets paid for the law if they don't share that info it becomes hard to make money.

Well now on to the reason why you even clicked on this article. You want to know how the rich get richer. The "Rich" individuals use cash to build assets. These assets consist of stocks, bonds, real estate and other cash generating opportunities. This is what I love to call multiple streams of income.

Leveraging money is a great way to make a life. No one in this world wants to only make a living. So if you are apart of a business opportunity go out there and get rich. Learn how to invest in yourself. You don't need skills or experience. It will come over time. You didn't come out of the womb walking. You rolled, crawled and stood up over time. Give yourself a chance to walk into your success. Think Rich and Grow Richer in your surroundings.