Money and Wealth
11th January 2014
Some incisive comments by somebody you never heard of.
The first and perhaps most important mistake people make is to confuse money for wealth. … Having money does not make you wealthy, but having the ability to make money, through net income generating assets such as businesses, investments, or even just your own skills, that makes you wealthy. This is perhaps why those with a solid education are never really poor, but merely broke: they have the potential to make money, even if they don’t have money right now.