Wednesday, June 6, 2007

Why Over 90 Percent of the American Population Is Poor

There are times where we all need a good reality check. There are so many people in this world who think they are truly wealthy.

One of the main reasons why over 90 percent of America is poor is because they are not utilizing their resources effectively. In order to understand wealth, you first have to understand “passive income”. Passive income is simply where your investments or business is making money while you sleep, literally. If its not doing that then your financially challenged.

Rich is having passive income. Wealth is assets and assets have to have both capital growth and income to be labelled as assets.

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