Money Mindset why do you want money?

[William B.]

Why is it so hard to shift the belief system from money accumulation to building income? Of course, as an investor, I am speaking to passive income but my discussion is about all forms of income. Almost everyone I talk to the focus is on the accumulation of money: employer retirement funds, deferred comp, savings, etc. (not that saving money is a bad thing). Even entrepreneurs and some investors look at me strangely when I convey to them that I think having growing income/high income is more valuable than accumulated cash. Of course, this is pretty much a Rich Dad Poor Dad concept and I am not saying anything revolutionary or original, I just can't figure out why it is so difficult to see that there is a lot of value in being focused on building income rather than saving or accumulating money. There are so many factors that contribute to this concept, and one could argue against income vs. cash on hand especially if we start talking about over-leveraged cash flow. So before I ramble any further, let me ask the question again, Why is it so hard to shift the belief system from money accumulation to building income? Am I asking the right question, what does this rant spark in your mind? Why is this perplexing for me that the majority I talk to won't even carry a dialogue on this topic?

[Keith Gilbert]

@William B. Comfort and Risk. Inertia is a powerful aspect in many topics of life.