Is it a Crime to Become Rich?

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1 year ago

Do You Know Why You Are Poor?

Do you know why you are poor? Because you have been taught wrong things about money. Here is a line from the Holy Bible...

For the love of money is the root of all evil (1 Timothy 6:10)

You have never been taught to love money, you were brought up with the wrong moral standards that money is evil.

Well, money is not evil, in fact, money s the best thing that mankind has invented because the invention of money allowed people to work, the possibility to improve life by working and making money allowed the human civilization to progress, earning money made human being more energetic, productive and creative.

Money becomes evil only when it is held by evil. Let me exemplify this with another analogy. Fire is mankind’s greatest discovery, however, throughout the history of human civilization, nothing has caused more damage than fire. But can you say that fire is mankind’s worst discovery?

If a fire was never discovered, human beings would have never made it this far. Therefore you cannot blame fire for the destruction. The same goes with money, if money was not invented humankind would have never progressed.

What actually matters is what you do to make money and how you use money. You need to use the money for the greater good.

Why Poor Are Getting Poorer and Rich Are Getting Richer

Do you realize there is an unequal distribution of wealth?

According to a report, “50 percent of the world's net wealth belongs to the top 1 percent; top 10 percent people hold 85 percent of world’s wealth and the bottom 90 percent holds 15 percent of world’s net wealth; 97 percent of the total world’s wealth is under the possession of world’s top 30 percent.”

"The rich get richer and the poor get poorer" is a statement by P. B. Shelle, an English Poet. However, this is also true from a modern perspective. During the Covid Pandemic, it was reported that the rich got richer, whereas the poor got poorer.

This fact points out another interesting discussion. Is it a crime to become rich?

Communists hated personal wealth, and they said wealth should belong to the state and everyone should remain equal. However, after years of practice, a Communist country like China has allowed personal wealth. There are billionaires in China, take Jack Ma for example.

If you look at the people who have made money, you will see most of them are first-generation billionaires and billionaires, which means they made money, they did not inherit from their parents. How did they manage to make so much money?

How to Become Rich?

Job or freelancing can never make you rich. You can become rich through investment, however, you need a lot of money to make n investment. However, by starting a business you can easily build your wealth. Now, you might ask, you need money to start a business. Well, you need money for your business, however, there are a lot of business methods that are absolutely free to start.

There are only two ways to become rich, one, you start a successful business, and two, you invest in the market (stocks, real estate, equity, etc.) In order to make money from a business, you need knowledge, skills, money, hard work, and a little bit of luck. However, investing has the potential to make you wealthy without any requirement of knowledge and hard work. Generally speaking, there are two ways to become wealthy through investment:

Invest a large sum of money, which will quickly multiply,

Invest a small amount and invest regularly for a long time, for example, you invest $100 every month, increase your investment by 10-120 percent every year, and continue to invest for 10-15 years. Your investment portfolio will grow and you will make a lot of money in the long run.

Depending on your resources, you can use one of these methods. No matter what methods you are using, you must compound your profits in order to grow your wealth.

Business can also lead you to financial success, however, you must create products that will take the world by storm (Bill Gates created Windows). If you want to start a business, study successful businesses and their products.  Some companies, for example, Apple, have grown large with only one product, whereas other companies, Samsung for example, have produced a lot of products to become big.

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