Building wealth

in #steemit6 years ago

Everybody has a different definition of wealth.

Personally, for me right now, wealth is an income that can replace my income. An income that doesn’t require me to work 8 hours a day.

Therefore, to build wealth, I need to focus on assets. Assets are something that can generate income, without my presence or something that appreciates over time.

Art collections, stocks that pay dividends, profits from a saving account, they are all assets.

Simply speaking, an asset is something that keeps putting money into my pocket.

Steemit Dollars (SBD) appreciates over time. Some people believed that SBD will be $100 in the next 12 months.
Steem Power (SP) could generates income through curation.

Imagine, if I could earn 10 SBD per week, which is possible. That could mean $1000 in the future.

If I could earn 10 SBD per week, for the next 52 weeks, which I can’t see why not. Next year, I simply have $52,000 add to my asset column.

Guess what? You can do the same too.

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