A Quote by Grant Cardone
Rich people invest money and poor people spend it.
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The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.
The rich invest their money and spend what is left; the poor spend their money and invest what is left.
Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.
If the "rich" were swarming into poor neighborhoods and beating the poor until they coughed up the dimes they swallowed for safekeeping, yes, this would be a transfer of income from the poor to the rich. But allowing taxpayers to keep more of their money does not qualify as taking it from the poor - unless you believe that the poor have a moral claim to the money other people earn.
Partying is not a sane way to spend money, but it's fun. When we were young, we did not have a lot of money at all, so I thought, 'If I ever get rich, I'm not going to become one of those boring rich people who doesn't spend money.'
The rich invest in time, the poor invest in money.
A cynic had defined aid as simply the system by which poor white people in rich countries gave money to rich black people in poor countries to put into Swiss bank accounts.
I've found that a lot of successful poker players grew up poor. And I'm convinced that poor people have a risk tolerance that rich people don't have because poor people fundamentally don't value money that much because they're used to not having it.
Do I resent rich people? No. The best or worst I can do is notice them. I agree with the great Socialist writer George Orwell, who felt that rich people were poor people with money.
It isn't the rich people's fault that poor people are poor. Poor people who get an education and work hard in this country will stop being poor. That should be the goal for all poor people everywhere.
The Democrats tell all the poor people and all of the middle class that they're only where they are 'cause the rich have cheated them, exploited them, or stolen all their money. The way they're gonna make it equal is to take from those people who have just won life's lottery, the premise being that the poor and the rich and the middle class are gonna get the money.
The Democrats say the rich are rich because they stole all of their money or somehow fleeced the poor for all of their money. "If it weren't for these cheating, skunk, lying, rich people, you poor people would have the money! You remember when you had this, right? You remember when you had that house on the beach and your Rolls-Royce, and then one day some rich guy came over and stole it all from you? You remember that? So you want to vote for Obama and the Democrats to get your house back and your Rolls-Royce 'cause you remember when Koch brothers came and took it from you."
Foreign aid is taking money from the poor people of a rich country and giving it to the rich people of a poor country.
And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.
Societies tend to presume that poor people are unable to handle money. If they had any, people reason, the poor and homeless would probably spend it on fast food and cheap beer, not on fruit or education.
Poor people have the blues because they're poor and hungry. Rich people can't sleep at night because they're trying to hold on to their money and everything they have.
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