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Mar 26 in 📢 Smitty BIG POSTS
Rich Vs Wealthy ✅
Rich is when you take $200K cash and buy a Lamborghini.
Wealthy is when you take $200K cash and buy an asset that pays you $10K per month. You can then finance the Lamborghini at 0% interest, and your monthly payment will be just under $3,400 for 5 years.
Take the $10K in cash flow from your asset you purchased, the first $3,400 is for your Lamborghini payment, and you have $6,600 left over each month to do whatever you want with.
After 5 years your Lamborghini is paid off, and you still have that asset producing $10K per month.
Rich is temporary, wealthy is generational.
If you don't come from a wealthy family, don't worry. A wealthy family can come from you ✊🏾
Knowledge is Power 🔑 #FreeGame
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Rich Vs Wealthy ✅
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