The Holy Book: Naval's Compendium: Guide to Wealth and Happiness

1. People Should Seek Wealth, Not Money or Status People should not earn wealth through arduous labor. Working 80 hours a week in a restaurant will not make you richer. Hard work is unavoidable, but it should be done in the right way. People should seek wealth, not money or status. If you believe wealth is unimportant, wealth will move away from you. Wealth is assets that continue to make money even while you sleep. Without wealth assets, when you sleep, you have no income; when you retire, you cannot keep earning. In short, without wealth, you cannot achieve non-linear earning. Generally, wealth is created by starting your own company or by investing. Neither of these is achieved merely by putting in a large amount of time; the wealthy also only have 24 hours a day, just like you. ...

June 7, 2023 · 6 min · xgDebug

Why is the money of the rich more valuable than the money of ordinary people?

What? Does money also have different tiers? Is the money of the wealthy more valuable than the money of ordinary people? Why is that? Is it because the wealthy spend money better than ordinary people? Or is it because they have some special investment strategy? In this article, we will explore the differences between the money of the wealthy and ordinary people, and provide some practical suggestions to help ordinary people achieve wealth growth. ...

3 min · xgDebug