Being wealthy means your assets grow larger, and their value increases too. The purpose of all economic activity is to secure assets. The more assets you have, the more opportunities you create. Assets represent the total of what one owns and borrows from others. In other words, it is the complete amount of resources available for earning time. Resources serve as the foundation for acquiring additional resources. It’s like using small earthworms as bait to catch fish. Thus, it is said that money makes money. This is referred to as financial income. Income is primarily categorized into earned income and financial income. If you have a substantial earned income but lack financial income, you are more likely to face poverty in the future. - Joseph’s “just my thoughts”
Not all of them are like that, but it’s not easy to say that many of those who have learned a lot know what they don’t know. However, when you acknowledge “I don’t know” what you don’t know, the wisdom gained from that ignorance enriches everyone. Learning begins with recognizing what you don’t know, while what you do know involves a clear understanding of that unknown. This awareness can help reduce the chaos of the world, even if just a little. - Joseph’s “just my thoughts”