How to Get Success in Life

ebook Top Secret

By William Street Jr

cover image of How to Get Success in Life

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The biggest misconception about wealth is that you've to flaunt your wealth to show others that you're wealthy. Believe it or not, there could be millionaire families on your street and you'd never know it.

That's because most millionaires look like normal people who don't flaunt their wealth. They own ordinary houses and cars. They might've a few luxuries, but you don't see most average millionaires every day because they prefer to have it that way and not flaunt their wealth.

You need to remember the difference between an asset and a financial obligation. An asset is something that puts money in your pocket without you having to do much work to get it.

A financial obligation is something that takes money out of your pocket and doesn't put money in your pocket. If you want to be wealthy, you need to acquire as many assets as possible and get rid of as many financial obligations as possible.

The wealthy are eager to teach their children the importance of a good financial education, as opposed to the usual, more traditional education they receive in school.

They know that their children aren't learning in school how to make money with their ideas and businesses, nor are they getting the information they need to become and stay rich.

Consequently, you need to teach your child the real rules of money and value that education a little more than a college education. I'm not telling you to tell your child not to go to school. I'm telling you to teach them the importance of a good financial education.

The wealthy are intent on earning as much passive income as possible and working less and less for their income. They know that this will help them get richer and richer. Their goal should be to earn as much passive income as possible and convert earned income from employment into passive income.

How to Get Success in Life