“Money is a good servant but a bad master.” ―Sir Francis Bacon
“You have to learn the rules of the game, and then you have to play better than anyone else.” ―Albert Einstein
Most countries in the world do not have a functional and well-organized money market. As such, most immigrants are clueless about the American money market and how to take advantage of it. This chapter exposes the immigrants to what is available and how to take advantage of it.
In his book The Richest Man in Babylon, George Clason says, “Learn to make your treasure work for you. Make it your slave. Make its children and its children’s children work for you.”
The path to “true” financial freedom is to allocate a portion of your money to literally work for you while you are sleeping. This money will work for you round the clock and bring you huge returns.
You let time and compound interest work for you instead of against you when a portion of your money is invested wisely.
It is not how much money you make that matters but what you do with the money that will determine how far the money will go.
You do not need a special degree or license to learn about how money works and how to invest your hard-earned money.