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From Riches to Rags
Some individuals do obtain and come into contact with wealth at a certain point in their lives. Unfortunately, most people tend to be mistaken in their attitudes of being wealthy. Instead of using and building up what they have to their advantage, most of them tend to lose what they have acquired. Here are some examples that fall under the following categories. 1) The False Rich These are usually made up of professionals and corporate executives who earn a high income, but who spend just as much. They are the ones who drive the latest luxury cars, fly first class and dine at the finest restaurants. They appear rich and successful. However, the sad truth is that they are poor accumulators of wealth who have few positive cash flow assets. They roll their credit cards and have huge credit lines. Their bankers love them. As a result, they are usually just one to two paychecks away from being broke. 2) Those Who Inherited their Millions These are a bunch of lucky bums who did not have to break into sweat to ea
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