What’s The Difference Between Being Rich And Being Wealthy?
A: There are several ways to look at this question. I’ve chosen to provide you with one of the more popular definitions:
The rich are defined by their jobs. They earn a lot and often spend a lot on their lifestyle. If they lose their job, they soon lose their riches.
Financial wealth can be considered as not related to a job. It’s wealth that produces a combination of appreciation and cash flow no matter what type of job you hold, if any. Building wealth, therefore is about gathering un-earned income.
My mission is to support you in using property-ownership as one of the methods for long term wealth building.
