Money has power to make you both Rich & Poor...

Money has power to make you both Rich & Poor......!!!!!!!!!

Can you understand the meaning of the above sentence? Well, Most of the people of this world are thinking that Money has power to make you Rich. But No. I say that, Money has power to make you both Rich & Poor.

How?...... Well see. If some person has tremendous money and Wealth but he doesn't now how to manage that Wealth than That same Wealth (Money) can make that person poor...... How?
Well, Take the Examples of Michael Jackson & Mike Tyson. Both are great people in their respective fields. Michael Jackson is a King of Pop while Mike Tyson is a Boxing Champion.

Both have earn literally hundreds of millions of dollars in their life. But even though today, Michael Jackson is Bankrupt today and Mike Tyson is in a Deep debt of US $ 38 Millions today. So more money doesn't make them rich but in fact today they are poorer than before....why? Because of lack of Financial Literacy.

Both of these great people simply couldn't manage their money. So the same money has make them poor. So Money does not have power to make you rich only. It has power to make you poor also.

Well, the above sentence has so many different meanings. Say for Example, if you have literally crores of rupees and that money don't go to charity or any other good work than it means that you are poor.

If you have tremendous money, But you can't keep social relationships with other people well than you are poor. I know a person who is very very rich but he had break the almost 3 years of Engagement of his daughter only because He thought that his would be son-in law is poor. So more money has make this person poor.........

So there are so many examples like this but the purpose of this Blog is Financial Literacy so i here limit these Examples.
But remember, It is not the Money who has power to make you Rich or Poor. It is you who has power to make your self rich or poor.........

After all, it is not the money who has created Man, But it is Man who has created Money......!!!!!!