Welcome to passive real estate investing the show where busy people like you

learn how to build substantial passive income while creating wealth for the long term

and now here's your host Marco Santorelli.

Welcome to Passive Real Estate Investing.

I'm your host, Marco Santorelli.

And if this is your first time here, welcome.

I'm glad you're here.

Please subscribe and listen to the future episodes.

Our show is about creating substantial passive income and creating wealth for the long term.

And that's the subject of today's episode, it's wealth creation, or more specifically the wealth

creation formula. Have you ever wondered how the rich keep getting richer while

broke people stay broke and the middle class continue to shrink.

This isn't a mystery as it may appear when you examine the specific differences on how

broke people, the middle class, and the rich spend their money.

This is such a simple concept concept yet it's so profound. I believe I finally

understood this concept on a train ride with my wife from Rome to Florence Italy. I had

picked up a new book called Rich Dad, Poor Dad, by Robert Kiosaki, and once I started

reading it, there was no putting it down. What was made clearer to me at the time is how the rich spend their money.

So what I'm going to explain to you today is why the rich keep getting richer, the

broke keep getting broker, and why the middle class remains stressed out. Now before we start it's

important to understand some common financial terms. The reason is many people

misunderstand their real meaning.

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