Have you heard the phrase, the rich keep getting richer, and the poor are getting poorer? Well, it’s not just a phrase. Unfortunately, it’s the truth. Despite the fact that millions of people are leaving poverty behind and are even becoming millionaires. Most people will never make it. In 2020, America’s 614 billionaires net worth exceeded 3 trillion dollars. The stimulus bill that supposes to help your average folk ended up helping the billionaires the most.
At the end of the day, most people spent that money either on their basic needs or purchased some gadgets on amazon. I guess Bezos was the ultimate beneficiary of the stimulus bill. Even though he has stepped down as the CEO of Amazon, he is still the biggest individual shareholder. But the question that I want to focus on in this video is – how do you get out of poverty? What if you are born into a poor family, it’s not your fault, what do you do? How exactly do you build wealth and become financially free?