Pay Day

In my past post about Money Terms and will split the people into 3 group. The Poor, The Middle Class and The Rich. There are very specific differences what the poor, middle class and rich manage their money on Pay Day.

1. The Poor : The Poor buy stuffs which those things are inexpensive that we do not need for survive. The stuffs which you can find in any houses, the table top, things in the kitchen that they buy in the market and cost them so little. The house is piling up the stuffs but actually do not increase their income eventually at the end. This group is just never educate themselves enough about the assets and liabilities. The problem is their income never produce or create more income.


2 The Middle Class : The Middle Class is the group who always been labeled as rich group who earned 6 figures income a month. But in actual fact, the middle class buy liabilities on the pay day and ended them in liabilities prison.

The liabilities such as the luxury cars, the houses, the credit cards, the expensive vacations, the boats etc. These are the things that cost them and make them stress out when they spend more than the income.

3. The Rich : The rich buys assets on pay day. The assets will produce more cash and create more assets at the end of the day.

What are the assets? Investment, bonds, real estate and even education. Rich people looking for business that will create passive income. The typical example is the pin ball machines. It will create more cash eventually month after month when you get back the return of investment.