Have you ever heard the saying that 20% of the population controls 80% of the wealth? There’s a reason why this holds true and it’s quite simple. Money is not the problem, people themselves are to blame. We spend so much time tripping over our own feet when it comes to money and ultimately making all the same mistakes that we’ve made before. Take that saying as an example–if you were to collect all the wealth in the world and evenly distribute it amongst all the people of the world with the exact same amount, the distribution would end up the same. The same 20% of the population that did well with their money before would relinquish control. This is because that segment of the population learns from their mistakes, knows how to make money and grow money through investments, be willing to take risks and ultimately controls their financial destiny in a way in which they are bound to always be successful in money matters … … …
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