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MemenatorGP

@memenatorgp

2 years ago

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Posted On: October 28th 2024, 08:23 pm

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The rich almost never sell what they own, and that one habit keeps them rich for generations. 💰♟️

When most people need cash, they cash out. Sell, pay the tax, spend what’s left. The wealthy do the opposite.

Instead, they borrow against their assets. Their stocks, property and company shares stay invested and keep growing, while loans against them pay for their lifestyle. In many countries, borrowed money isn’t treated as income, so it isn’t taxed the way a salary or a sale is. Some keep repeating this for decades.

The contrast is brutal. A worker pays tax on every paycheck before seeing a cent. Someone with enough assets can live on borrowed money while their wealth keeps compounding untouched. It carries real risk, and it only works once you own assets worth borrowing against, but that’s the game most people are never taught.

Learn how money really moves, then build a life where your assets work harder than you ever have to.

Follow @Wealth to learn about money every time you open Instagram. ⭐

Media: Diary of a CEO

#Wealth #Money #Investing #FinancialEducation #Rich

October♥️🌻✨🥑👩‍🍳🎼

willing fall to exist in la in this t neck 🫡

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Shaher gulabi

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WHAT ARE YOU WAITING FOR? IT’S ELECTION DAY?!? YOU SHOULD BE GOING TO VOTE!!!

[tags 🚬😮‍💨💨]

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How can I even be mad… 🥹 I love her heart!
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