Becoming Rich via Hard Work

It's Friday! TGIF! Did you work hard this week? What will you do this weekend to become rich? Monday will be here in a short time. Do you like Mondays? Robert said, "Building your own business is the best way to become rich. After you have built your business, and you have strong cash flows, then you can begin investing in other assets."

Today is option number five from Robert on the eleven ways to become rich, becoming rich by via hard work. Tomorrow will be number 6, becoming rich by being exceptionally smart, talented, attractive, or gifted.

5. You can become rich via hard work.

The problem rich dad had with hard work was that he noticed that hard-working people often had a hard time enjoying their money and their life. In other words, hard work was all they knew. They did not know how to have a good time.

Working Hard For A Bad Income

Rich dad also taught his sone and me that many people work hard for the wrong kind of income. He said, "People who physically work hard for money often work hard for the wrong kind of income. People who work for the wrong income ofter work harder adn harder only to be taxed more and more." In my rich dad's mind, to work for income that is taxed more and more was not financially intelligent. Most people who have a job work for the highest taxed of all income. In addition, the people who are paid the least often pay the highest percentage in taxes.

When I was a boy, my rich dad taught me that there is more than one kind of income. He said, "There is good income and bad income." In this book, you will find out what kind of income to work hard for . . . which is income that is taxed less and less even though you earn more and more.

Rich dad also pointed out to his son and me that many people work very hard all of their lives but had very little to show for their hard work at the end of their lives. In this book, you will find out how you may have to work hard for a few years but eventually be free to choose never to work again . . . if that is what you choose to do.

Click the "Become Rich via Hard Work" title link above to review the entire book of Business School in where this above excerpt came from.

Insight of The Day

"Things don't go wrong and break your heart so you can become bitter and give up. They happen to break you down and build you up so you can be all that you were intended to be."

Have a great day working hard for money or having money working hard for you!