Content
Rich and Poor Thinking: How to Change Your Approach to Finances
07.11.2024 20:15
Much has been said about the fact that the thinking of rich and poor people is very different.
Therefore, it is worth assuming that in most cases it is a person’s way of thinking that decides whether that person will be well off or will have to “make ends meet” until payday.
Try to change your thinking, maybe then you can improve your own financial situation.
Planning
Rich people always plan for their future, while poor people are often only interested in today.
Potential millionaires plan their actions several steps ahead. In doing so, they do not simply set goals, but create long-term strategies that allow them to accumulate huge capital to provide for themselves and their descendants.
What can you do? Start planning your expenses. It is important to learn to think ahead and avoid thoughtless spending.
You have to understand that you are responsible for the money you have. Let's say you are planning to get a personal car. What will you look at?
On the beauty of the car, its prestige? It is irrational to do so. First of all, estimate how much it will cost you to service the chosen model. And only then think about everything else.
If you want to become a rich person, learn to live within your means. That's what wealthy people do. They want to be rich, not seem rich.
Goal setting
A rich person is primarily interested in his own goals. He knows what he wants from life and sets priorities that match his needs and values.
If a person strives for prosperity, he develops a corresponding plan, describes the tasks in detail, and only then moves on to action.
Rich people don't wait for money to fall from the sky. They understand that large sums of money are earned through hard work, so potential millionaires take responsibility for their well-being and continue working.
A poor person is used to living with unrealistic dreams, and instead of trying to somehow improve his life, he spends time and energy complaining without taking any concrete action. And even more often, the poor simply do not know in which direction they should move.
Mood
If you ask a millionaire who he considers himself to be, he will say that he is a darling of fortune and a magnet for money.
And if you talk to a poor person, he will answer that he is constantly unlucky and simply does not deserve to earn much. Therefore, the latter is constantly in an unsatisfactory financial situation.
Poor people are usually afraid of large sums of money. They think that if they had a lot of money, it would not allow them to live calmly and safely.
A rich person does not share the opinion that big money can become a source of threat; he enjoys his position and strives for even greater wealth.
Development
Wealthy people are convinced that they must constantly develop. Only in this way will they be able to earn more money.
The poor believe that they have already received an education and there is no point in studying further. But rich people do not agree that education should end after receiving a university diploma. They believe that a person is capable of more.
The poor person's thinking is usually too stereotypical. Such people put up multiple barriers that prevent them from turning their dreams into reality, do not strive for new knowledge, do not take risks and doubt their own abilities.
Earlier I talked about how to stop spending money mindlessly and save for your dream.
