False economy What’s in it for me? Understand what makes the

Don’t just work for money to afford the 
things you want today, make long-term 
investments where your money works for 
you.
What do you think is the difference between 
making money and attaining wealth?
If you’re like most people, you probably didn’t 
even realize there was one!
But there is an important distinction:
“Making money” describes a process where you 
work for money, but “attaining wealth” means 
being in circumstances where money works for 
you.
To better understand this, imagine that you work 
as the manager of a profitable factory, and every 
month you take home a very good wage.
Clearly you’re making money, but are you 
attaining wealth? Not necessarily.
For that, you need to go through the process of 
saving up and investing some of that money. For 
example, if you were to save part of your income 
and invest it in real estate, you would be 
attaining wealth, because your money would be 
working for you and not the other way around.
Making money is usually done to achieve short-
term financial success: you usually only care 
about the things you can buy with that next 
paycheck, while the future is of little concern. But 
there is an inherent danger in this kind of 
thinking: what if the next paycheck never 
arrives?
Attaining wealth, on the other hand, involves 
longer-term goals.
For example, the real estate that you bought 
won’t bring you immediate wealth; rather, you 
have to first pay off the investment or wait for its 
value to increase. This can take a while, but 
once the investment starts paying off, it will most 
likely keep doing so for as long as you own it.

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This kind of long-term planning can help provide 
security for unexpected events like losing your 
job.