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”
We realize something while writing: we do not compose because we know. As we write down our problems, we instinctively understand what we know, what we don’t know, and what the main point is, which allows us to clarify precisely what it entails. Don’t just think; think as you write. - Joseph’s “just my thoughts”