“The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.” - Robert Kiyosaki
How wealthy people multiply their wealth? They significantly increase their net worth by putting their money into the right investments by investing in what they understand plus with a good money management. They are carefully investing in asset categories like stocks, which has the potential to give high returns over time, rather than restricting their investments to assets with less risk, like cash equivalents
For rich and good investors, spending would be the last thing in their list as it will get them into a liability that will cost them even more over time.
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