That “Rich Person Thinking” vs.

I suspect that the phrase came from “Rich Dad, Poor Dad”, where the writer explained the benefits of buying revenue-producing assets instead of assets which require on-going funding. For example, the rich dad would buy stocks, which would generate revenue, which can then be reinvested in the stocks. The poor dad would buy a new car, which would consume financial resources and keep him from increasing his savings.

Like what you read? Give Memphis Blues a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.