Free write

For me personally, one of the key concepts of the economy that I enjoy studying most is economic upward mobility. What makes people go from poor to rich and vice versa. Coming from a background of a disappearing middle class, for me understanding how to make my own money work for me is a crucial mystery that I have been trying to discover all my life. Looking into different forms of passive income and understanding what makes the wealthy, wealthier is not as confusing as some people make it out to be. I think that within the economy, everyone would be better off if they just had some super basic information about different types of assets (appreciating or depreciating). This largely comes down to how people spend their money. While some debt is inevitable there are good debts and bad debts and exploring this concept is critical in the way that I view the world around me. Ultimately my goal is to understand the passive income and how to create one. As the people that tend to be the best of in our economy are not in fact the one’s that work the hardest but rather those who contain the most knowledge of the economy.