Quotes About Income

That doesn't mean you can't ever buy a bigger house. But make sure to first buy assets that will generate the cash flow to pay for the house. When there are enough assets to generate more than enough income to cover expenses, the balance is reinvested into assets. Which grows the asset column on a balance sheet. Which produces more income. The result is that the rich who understand the difference between assets and liabilities, get richer.

When your assets generate enough income to cover your expenses, you are wealthy, even if you are not yet rich. Left

When your assets generate enough income to cover your expenses, you are wealthy, even if you are not yet rich.

Each business system has its strengths and weaknesses, yet each ultimately does the same thing. If operated properly, each system will provide a steady stream of income without much physical effort on the part of the owner once it's up and running.

Once a dollar goes into your asset column, it becomes your employee.

Even though my rental income breaks even with my expenses, I can still make money in real estate. Understanding phantom cash flow and the tax laws is like winning financially without making any money.

Lasting happiness,' Julian wrote, 'comes from the size of our impact, not the extent of our income. Real fulfillment is a product of the value we create and the contribution we make, not of the car we drive or the house we buy. And I've learned that self-worth is more important than net worth. But I think you know that already.

The 2x3x Mindset: to double your income and impact, triple your investment in two core areas—your personal mastery and your professional capability.

If you aren't in debt, you can't go broke and can't be made to sell, in which case "liquidity" is irrelevant.

A group of Wall Street admirers created for Grant a $250,000 Presidential Retiring Fund, which would not only yield $15,000 in annual interest but reinforce his image as overly beholden to the rich. To supplement his income, Grant returned to his

about a billion dollars in tax-free income per annum in today's money.

At this point, Bill decided that John should contribute to the family upkeep and pay him the same rent he had given to Mrs. Woodin.

A man of irreproachable integrity, Hamilton severed all outside sources of income while in office, something that neither Washington nor Jefferson nor Madison dared to do.

Rockefeller tried to expand his disbursements to keep pace with his mounting income, and his donations nearly doubled from $61,000 in 1881 to $119,000 three years later.

Never a great believer in book learning, Bill probably derided a college degree as a costly indulgence at a time when people didn't equate it with enhanced income.

If somebody's got money outside of his salary, it shows up somewhere.

ginning up municipal revenue with a radar gun out on the highway, now prowling

My only problem was making a living. How to make a living without giving up the freedom was not an easy trick.

the mean government pension.

The rich are getting richer and the poor are getting poorer, and that's good news for the bodyguard business.

an extra fifty cents a week. Leave your clothes in the

Class is a way of looking at society that divides people into different categories based on how much money they're willing to make.

There are only two classes in society: those who get more than they earn, and those who earn more than they get.

Ironically, in the full-fledged transfer society, where governments busy themselves redistributing income by means of hundreds of distinct programs, hardly anyone is better off as a result.