Last time, we talked about spending money, and this time, let's discuss how to make money. Recently, I watched a video that described the mechanisms for acquiring wealth on Earth, and after watching it, I had an enlightening feeling. Now, I'd like to share the following insights with you.
The wealth in this world is like a river, and the process of obtaining money is like drawing water from the river. There are four specific wealth-generating mechanisms:
Mechanism 1: Working a job. This is an active way of acquiring wealth, akin to using a scoop to draw water from the river. The amount of wealth is limited by the capacity of the tool and the time spent. Examples include professions like engineers, lawyers, doctors, and others.
Mechanism 2: Having others make money for you. This is a passive income method, similar to having robots scoop water from the river for you. The advantage is saving time, but the amount of wealth obtained can vary greatly. Examples include rental income, interest from investments, profits from investments in others' businesses, and more.
Mechanism 3: Creating a system that generates wealth. It's like using partitions, walls, or digging a new channel to divert a portion of the river's water into your own pool. The advantage is the potential for a substantial wealth accumulation, but the downside is the need to constantly maintain the integrity of the structure to prevent it from being washed away by a flood. Examples include building a network of connections, online shopping platforms, food delivery platforms, the metaverse, and so on.
Mechanism 4: Environmental beings, where you are the wealth itself, and you are the river itself. Wealth flows in and out naturally, much like breathing. When you need to use money, all the money in the river is at your disposal. When you don't need it, money naturally flows away. This is true financial freedom. Examples include heirs to wealth, lottery winners, and so on.
These four mechanisms represent different levels of wealth accumulation. After watching, I had two realizations:
1.Financial freedom is about having the freedom to use wealth, not necessarily owning vast wealth. How much wealth is enough for true financial freedom?
2.Regardless of which mechanism you use, as long as you acquire wealth by doing what you love, it leads to a happy life experience and is a life worthy of appreciation.
Dear friends, what are your insights?..
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