Consumers And Contributors

It’s a consumer economy.  If consumer confidence goes down and people buy less, the economy slips.  If consumer confidence improves and people buy more, the economy improves.  That’s what they say.

It may well be true for a state’s economy, a nation’s, or the global economy… but it’s surely not true for your personal economy. The more you spend (regardless of your confidence), the less wealth you accumulate. Yet the majority of people live their lives on the consumer side. It’s the minority who live on the contributor side. Not surprisingly, its the minority who accumulate wealth.

Instead of buying an information product (consumer), be the guy who makes it (contributor).  Instead of using credit cards (consumer), start a company that offers credit (contributor).

Instead of consuming, contribute. It’s the rule of the wealthy.

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