The three buckets for creating money are short term money, long term money, and wealth. Each bucket requires a different approach and mindset to be successful.
Short term money involves generating income quickly through activities like freelancing, consulting, or short-term investments.
Long term money involves investing in assets that will grow in value over time, such as stocks, real estate, or retirement accounts.
Wealth involves building a legacy of financial security for future generations through strategic investments and business ventures.
So at the end, each bucket requires a different mindset and set of skills to be successful, and understanding which bucket you are operating in can help you develop the appropriate approach.
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Construct Your Life With Austin Linney