We all do see that there is a major gap between rich and poor people. Many things matter a lot as to why recharge is getting richer and the poor are getting poorer. The thing is I have observed that rich people do invest their money in multiple places whereas poor people spend their money on their luxurious life which they can't even about now things are getting messages because for very small purposes you can get a loan but you don't even realise how much troubles you are inviting if you are taking alone but it is really hard to pay the loan if you are not repairing the loan amount in time that it can be your worse nightmare. Many people have gotten into this kind of trap and end up losing their lives because they don't have a way to repay their loans on time.
I do consider myself that I don't have any kind of loans on me and I don't even have that much responsibility on my shoulders for now. These days I am learning a lot about finance and watching videos related to finance I think that is what changing my mindset because earlier I used to spend my money on buying clothes and spending my money at weekends for parties but now I am saving my money and investing it and developing a habit off spending my money in building assets for me. I think the poor people want to show off more and that's why they spend their money in things that they don't even need but a reachable have a different mind a day and money institute of spending it because by investing they are kind of growing their money and if you are spending your money then you are not growing your money at all because it's no spend and you have nothing left with you.
I have seen a lot of people who are willing to buy an iPhone or other expensive mobile phones even if they can't even afford it but I think if you can't afford it then you should not buy it because there is a very well saying that if you can't afford a thing twice then you should not buy it once. There are amazing investors all over the world we should learn something from them and try to build a habit of investing I think that is going to be very beautiful in the long term investment. Everyone seems to be very impatient these days they don't want to wait for years to see the results everyone wants to have message results in months all day but that is not going to happen maybe you are lucky sometimes but you can't be lucky all the time so I think if you want to recharge be financially free then you should spend your money very wisely and invest in those places where you can get a better return yes sometimes is pending your money in very high risky can be very profitable also and sometimes it can lose your money also.
What I have observed and will do his invest your money in small-cap midcap and large-cap stocks it is the best way to diversify your risk because not everyone I said clothes are going to collapse at once small caps will but large caps can't because that volume are very high and it is really hard to menu play that kind of stocks yes everything can be done but still large caps are more reliable than another kind of stocks small caps are easily manipulated and they are manipulated in away. The thing is very simple the whole thing is about mindset if your mindset is poor then you can't get rich if your mind chat it is rich then you can be rich and if you want to be a rich person or wealthy person then I am sure that one day it is going to happen and you should be ready for that and you should learn about that what will happen if you will be read personal healthy person and that is going to help you a lot when you will be real rich person.
Thanks for your support love and encouragement see you tomorrow till then take care.
stay tuned for more fantastic Content
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