Owning depreciating assets
To build sustainable wealth, you should invest in assets that appreciate in value over time. Or, generates earned interest over a long period of time. Cars, boats and houses break down over time and require regular maintenance to stay viable. This costs money. Cherished material items will maintain sentimental value but never generate financial value. Confer with a financial analyst to learn about first investing steps and learn more about why you have no money.
