If we give 100 people $10,000 at the start of the year, I believe that at the end of the year:
- 80 would have nothing left. In fact, many would have created greater debt by making a down payment on a new car, refrigerator, electronics, or a holiday.
- 16 would have increased that $10,000 by 5-10 percent.
- Four would have increased it to $20,000 or into the millions. We go to school to learn a profession so we can work for money.
It is my opinion that it’s just as important to learn how to have money work for you.
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