Ken McElroy explains in this audio feature that the Rich look at wealth very differently than the rest of us. While many people in the lower and middle class tend to have loans and typical retirement plans, the rich look at how their money can work for them. They put their money into investments that can have a consistent return and also instant access to cash flow. They micro manage money at every detail and find ways to pay less on taxes.
Key Takeaways:
- Ken McElroy talks to us about how Rich people handle money differently.
- The difference between the Rich and the middle class is that for Rich they put their money in assets that have cash coming back to us.
- The truth is that if you can change your habits so that you aren’t spending money on loans that cause you to be stuck; then you can start seeing rewards.
“Join Ken as he walks through a basic understanding of where the rich store their wealth.”
Read more: https://kenmcelroy.com/where-the-rich-store-their-wealth/
Kurt has gone from the financial lows of the ’08 financial crisis to personal financial success. He is a professional real estate investor owning properties in multiple states.
One of his passions is financial education and the pursuit of financial freedom.
You can learn more about Kurt here.