7 Types of Income Millionaires Have [How the Rich Make Money]




Pandemic, Massive Debt, and Gold

Other southern countries will also face the reemergence of the sovereign debt crisis. This time Greece’s debt-to-GDP starts at over 180 percent, compared with 146 percent in 2010; Spain at 95 percent vs. 60 percent; Portugal at 122 percent vs. 96 percent; and France 98 percent vs. 85 percent.

Financial Antivirus Stimulus Packages and Gold

The new coronavirus is unfortunately deadly not only for humans but also for global economy. The central banks have shot their bazookas, but the monetary policy is helpless during pandemics with their supply disruptions.

Make Sense Of Your Finances

The reality is money comes and goes; what is more important is how you handle your funds. Long time ago when I was learning how money works; the rule of 72 was an eye opener. The rule of 72 is a simple way to determine how long it takes your funds to double;

How to Become Rich While You Are Still Young

You cannot become a billionaire in a short period with zero investment, zero time, and zero knowledge. You need an initial capital that’s large enough to be invested wisely over a period of sufficient time in order to achieve your goal. Initial capital, time, and favorable conditions are the key to become rich while you are still young.

Don’t Fall for Dishonest Deals

Many people are looking for a way to earn extra money. It is hard to find something legitimate that works. With so many scams out there being promoted by dishonest people, it is difficult to tell the good from the bad. It requires study and research to find something good.

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