Smart people find it hard to get rich because of LOW EQ
An example of this would be a person who invests in real estate who then decides to sell it the moment it makes enough profits so that he would be able to pay off all his credit card debts and afford to take a vacation or buy a new car. Are you getting the picture here? The person here is selling his real estate investment which is full of value so that he can pay off his debts and buy a new car that depreciates or take a vacation that does not really have any true value in it. No wonder why smart people fail to get rich. I guess they are not so smart when it comes to money after all.
Most smart people never build a business because of fear and impatience. They end up working to make someone else get rich while they continue in the never ending rat race working hard at something they will never own. All because of their fear being so high that they are afraid to take calculated risks and go for security instead of freedom.
As long as you hang on to the things that have very little value you will never get rich. That is just the way it is. So don’t just be smart academically, be street smart and start learning the real ways to really get rich!