334: CZ "Cash is King"
Cash is king. You've heard this expression, time and time again. But the truth is, cash is not king. Cash flow is king.
Inflation makes your money worthless. It takes eight times the money to buy the same product or service today as it did in 1958. That means, what your $1,000 bought back then, it takes $8,269 to buy the same thing, today.
You need to invest your money to have it be worth anything. Cash does no good in the bank.
Here's what to do with your cash:
1. Invest in yourself to increase your income 2. Invest in your business to increase your income 3. Invest in real assets that produce cash flow
Make sure to take your cash and buy things with it that will make you more cash!
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