If one can understand the meaning of true wealth, it is referring to time and money. True wealth is inclusive of time and money. One must have enough money to buy what he wants and when he wants. He too must have the time to do what he wants and when he wants. This is the real explanation of true wealth.
Thus I just put it at 'poor' and 'rich'.
In actual fact, we can also put it this way, the left side is considered having active income while the right side is referred being passive income.
What is the meaning of active income?
Active income means an income that is generated from trading time for money, or labor for money. One must be working to gain. One must exchange labor for money. If we stop trading time or labor, our income stops!
Active income also comes from wages, tips, salaries, commissions, and your trade or business in which you materially participate. You have to be doing it, you need to earn it!
What is the meaning of passive income?
Passive income refers to income generated from a system, rented properties, copyrights or people working for you without you yourself being actively involved.
It also means that one will have time and money to do what he wants and when he wants. The right quadrants will generate passive income. So, one is being paid 'automatically'.
If we have this chance, we can choose to move from the left quadrant towards the right. This is what all of us are interested to have.
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