16. 3 Money “Truths” the Rich Know (But the Poor Don’t)

What if everything you thought about money and making money was wrong? For centuries, most people have been fed a series of money lies, preventing them from building wealth or escaping poverty. When recessions and economic depressions happen, those believing these lies get wiped out, forcing them to restart while the rich take advantage. To break free from this, I’m sharing three crucial money “truths” the rich know but the poor don’t.

Once I describe these truths, I will show you exactly how to take advantage of the value-creating assets that can make you massively wealthy. This is how I built my wealth, and I’ve seen hundreds of others repeat the same process. But where are these assets most primed to make you rich? One KEY data point highlights tremendous opportunities (and exactly where to find them).

So many people believe they’re forever stuck in a position they don’t want to be in. As soon as you embrace these money truths, you can begin to escape, ascend the social ladder, and build long-lasting wealth for you and your family. Do NOT believe the money lies.

Insights from today’s episode: 

• Three money “truths” that the wealthy know but the poor do not
• The economic “pie” lie and how to create value (and money) out of nothing 
• Why you should NOT be perpetually sitting on cash, even if it makes you feel rich 
• Key signs of “value” that point to colossal investing opportunities
• How debt can destroy you and make you rich, and when to use it 

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