Laurel Hammack: Money is a game. Know the rules… or stay broke. Most people are not poor because they don’t work hard. They’re poor bec

Money is a game. Know the rules… or stay broke. Most people are not poor because they don’t work hard. They’re poor because they were never taught how money actually works. Folllow me carefully: 1. Income is not wealth You can earn a lot and still be broke. Wealth is what you keep and multiply. 2. Control your cash flow If money comes in and goes out immediately, you’re stuck. Make sure money also comes in without your daily effort. 3. Buy assets, not liabilities Assets pay you. Liabilities impress people but drain you. 4. Use leverage The wealthy don’t grow alone. They use systems, partnerships, and opportunities to multiply results. 5. Position yourself early Opportunities don’t wait. The earlier you position yourself, the bigger your reward.

Posted by Laurel Hammack (@laurel_hammack) on .

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