Monday, May 19, 2014

Midnight thought on economics: Leverage

A year ago, I promised myself that I would never apply for another minimum wage job ever again for the rest of my life.
I just listened to a podcast by a wealthy man who, as a teenager, decided to never work for a minimum wage. He cut grass instead because he knew he would get paid double of what his friends were making working at burger king.
So, I'm not crazy after all, and cleaning houses for a living has really changed my financial situation for the better.
Gives me more time and money to work on bigger things. This concept is called leverage.
More on that later.

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