In this video I go over the entrepreneur behaviors that set the wealthy apart from the poor. When thinking about how you should spend your money this black friday, think in terms of investing. Are you buying assets or liabilities? If you are wondering what an asset is, think about it like this: Are you going to make money from your purchases, or just lose money? Buying assets makes you money in the long term, it's an investment.
If you have ever read Rich Dad, Poor Dad by Robert T. Kiyosaki you would know that knowing how to grow your income through investing in assets is the differentiator between the poor and the rich. Other wealthy people like Grant Cardone also advise people to first save money, produce more money with that money, and then invest in assets long term to grow your investment portfolio.
Watch the video to the end to find out all the ways your black friday purchase habits can be a boon or bust.
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