In the modern world, money is not only essential not only because it can fulfill one daily needs, but also satisfy one’s desires. Additionally, money is also a symbol of power and social status, where the rich tend to have more power and higher social status. Because the benefit that money could offer, it is reasonable for people to work hard for it, whether it is for survival or desire. Even there are a lot of people toiled day and night, only some people could accumulate significant wealth in their life.
The notable distinction appeared when some privilege people have the time of their life, the others have given their blood, sweat, and tears to survive. There is a distinction despite that both parties have given the same amount of time. One can say that hard work is not the key reason to be rich. Then it leads to a question, what is the reason?
The lack of education should become the reason that some people are poor. As uneducated people tend to have less knowledge, they are less productive than the educated one. On the other hand, the rich are usually have a better education than poor people, where it leads the rich to have greater revenue and a better quality of life. However, is education the only main problem that leads to the difference?
In reality, this solution works if the society is lacked of educated people, where the skill that one learned is rare and give a significant contribution in that particular society. In developed countries, education does not guarantee someone to have a better life quality. As society is getting more competitive, education may only able to fulfill one’s basic need and not enough to make one rich. Therefore, conventional education is not the only cause that distinguishes the rich from the poor.
The most prominent mindset that the rich have is their understanding of money. In another way, they understand how money works. Most lower-class and middle-class do not know how to let money works for them. They are working hard to get a pay, where can be acquired by spending a lot of time working and/or study. With the salary given, it is improbable to fulfill their needs once they stop working.
For the rich, they understand how to create a system to let money work for them. For example, they understand how to make business, invest their money on their business, and hiring people to work for them. Despite the higher risk taken, but rich people do not need to spend a significant amount of time to gain wealth once the system is established.
“Work for money, and let money work for you.”
What will you do to let money work for you?