There's no allowance left in America for wealthy people griping about their financial woes. The Billfold ,money news site had an interview with anonymous physician who earns $570,000 a year.He owns $1 million house, three cars, a couple of investment properties, and a lump of a profitable healthcare company but still he says he is not rich because he says he doesn't feel secure.
They can take risks.
Rich people invests money in any business if they loses that business they wont wipe their tears,but they learn from those mistakes and had the guts to invest in another business.People who take risks earn higher returns for good reason.
Education a huge financial burden for many families.
College tution fees are increasing 2 to 4 times every year making education a huge financial burden for many families.But for rich people they invest more than $200,000 for each child for education.
Taxes on the rich are probably going higher.
For rich people the taxes are higher compared with normal people. Beyond that, the kinds of additional revenue-raising measures getting a serious look in Washington such as eliminating mortgage-interest deductions for second or third homes and ending some investment tax credits — are designed to snare people exactly like Smith, while exempting most working people.
They can take risks.
Rich people invests money in any business if they loses that business they wont wipe their tears,but they learn from those mistakes and had the guts to invest in another business.People who take risks earn higher returns for good reason.
Education a huge financial burden for many families.
College tution fees are increasing 2 to 4 times every year making education a huge financial burden for many families.But for rich people they invest more than $200,000 for each child for education.
Taxes on the rich are probably going higher.
For rich people the taxes are higher compared with normal people. Beyond that, the kinds of additional revenue-raising measures getting a serious look in Washington such as eliminating mortgage-interest deductions for second or third homes and ending some investment tax credits — are designed to snare people exactly like Smith, while exempting most working people.