Wednesday, March 10, 2010

The Difference Between Poor, Middle Class and Rich People

I got this here

What do the poor, middle class and rich people do with their money.

1. The Poor - the poor people buy stuffs, what are stuffs? stuffs are things that you don't need to survive. They keep on buying those stuff thats why they always remain poor.

2. Middle Class - the middle class people buy liabilities. Cars, House, Boat and etc, liabilities cost you money to have and will cost you money to operate.

3. Rich - the rich buy assets. These are the things that will earn you money. And after earning money with these assets they buy more assets so that they will earn more money.

Watch the video to learn more. =D

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