e main difference between the poor and middle class is that the middle class can afford debt. The main thing that seperates the middle class and the "rich" or as I prefer "wealthy" is that the middle class buy liabilities with their hard earned money while the rich buy assets and reward themselves with some liabilities through what their assets make for them (Ones reward for rejecting instant satisfaction and embracing delayed gratification). The July financial class will be on assets and liabilities and how each effect your life.
Posted on: Fri, 28 Jun 2013 00:30:48 +0000
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