I've typed this before somewhere.
There are 3 ways to make money.
1. Trade time for money. Through a job. JOB = just over broke because without a job you're broke. This is the most primitive method. Your income is limited by the time you have. 24 hours per day. It takes a long time...sometimes a life time accumulate wealth this way.
2. Investment. This takes money. That is the limitation. You can also lose it.
3. By buying other people's time to duplicate your effort. There is no limit on income potential when you start to buy other people's time. More time you buy more money you can make. This is the most efficient and the fastest way to accumulate wealth. Done through a business ownership... Ex. Dr. M can keep opening pharmacies and duplicate his effort by hiring people to do his work. At some point, he can stop working while income is generated. This is Mr. JCPenny, Sam Walton, Mr. Walgreen etc got rich.
Money is neither evil or good. It's a tool that can do good or bad. After all, money builds schools. hospitals, and churches. It can feed and heal the poor.
We're all slaves to it.
But in order for you to truly enjoy life, you need more than money.
You need a combination of Money, Time, and Youth.
All the time and youth is great....yet with no money, your fun is limited.
All the Money and Youth is good...yet with no time to enjoy it, what good is it?
All the Money and time is good but with no youth, what are you going to do?
In order to attain Money, Time, and Youth, you need a residual income that can sustain the lifestyle of fun without having to work. To get up in the morning and ask... what should I do today... instead of having to work in my opinion is the true freedom.
Money, time, and youth.