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Friday, 4 October 2013

What the "Rich" own vs. the "Poor"...


Fantastic graphic showing very simply the "magic formula" of becoming rich(er):

Want to be in the poorest 80% of the Western world? Put most of your money into your house and borrow money to fund a lifestyle (cars, holidays etc.)

Want to be in the richest 20%? Start your own business and spend money on investments (stocks / shares / bonds etc.). Keep borrowing to a minimum.