What Do The Rich Do Differently That The Poor And Middle Class Don’t - WHY YOU ARE POOR

Find out what really differentiates a rich persons mentality and a poor or middle class mentality. Use the principles of a rich persons mind to get ahead in life.

[borreholic]

The quote/line from Rich dad Poor dad that stuck with me the most is "The fear of being different prevents most people from seeking new ways to solve their problems". Wrote it down the second I read it. We're so afraid of what "others might say" about our personal choices it's insane.

[jimboland]

A friend’s parents were both lawyers . They lived in a regular house drove old ( 20 year old ) cars. They didn’t buy fancy jewelry, refrigerators, or TV sets.
They died worth $3 million. Their 2 children became instant millionaires. Their other friends parents drove BMW, took luxury vacations but died with less than $140, 000 dollars. Maybe one could find a happy medium by not saving everything but enjoying life.

[alittlepeaceandkarma]

Money is a very interesting subject. Its a bit of a science really.

[jamiel]

The No. 1 indicator of financial success is coming from rich parents. Simple fact.

[soconscious]

The poor don’t have money to invest because they’re poor. Let’s not be stupid.

[Anybloke]

There are two things I learned about money from an early age that have served me well:
1. Be neither a borrower nor a lender
2. If you haven't got it, don't spend it

British people are largely useless with money. A huge percentage of British adults have little or no savings. They buy stuff on credit and get into debt. I was brought up in a way that if I wanted something I should save up for it. When I saved the money, and if I still wanted the thing, I could buy it. If I didn't, I still had the money. As an adult I now only work one day per week and live mainly on the monthly interest on my savings. Frugal living helps too. People waste money on too much crap.

[civial]

Meanwhile a kid yodels at Walmart and instantly becomes rich.

[abdirahmanful]

you don't have to be rich to understand money. you just need to start saving and stop spending too much.

[Lumencraft-]

The greatest challenge in growing you money is self control. If you won't do the right things with the money you make now, you won't do it with "more" money either.

Making a budget, tracking every dollar, and sticking to that budget has been huge for me. Honestly I still wrestle with making impulse purchases from time to time, but at least it no longer gets me off track. :)

[charityfannon]

Being rich cannot be measured in quantities of money. Being rich is the blessings you have in your life.

[PMVault]

Great Explanation even though people still won’t understand the rich were once not rich, even if their family was already rich, all you do is go back a few generations and realise they weren’t at some point.

[milo]

All the poor people I know are not living in a house like that... You must be talking about poor people who used to be rich

[eamonnca]

Without taxes there’d be no roads, street lights, police, fire department, schools, or any of the other things we come to expect in a modern, developed country.

[commitmenttoexcellence]

Corporations can also afford CPA Tax accountants to help. Corporations also do Tax planning more than individuals citizen. Corporations also pay politicians to make favorable tax and environmental laws and also known as LOBBYING. THE TAX LAWS WAS MADE FOR BUSINESS( job producing entities ) NOT INDIVIDUALS CITIZENS.

[igorsanchez]

The biggest financial decision you will make in your life--is not what school or your major, but who you marry.
The burt hand teaches best.

[demondhammonds]

I see a lot of people don't understand money by these replies... The big difference is that the rich doesn't pay for the car of their dreams their investment do v.s the middle class use their earned money to pay for it. I hear people saying they rather pay for a property with their money instead of a loan. Using debt you get paid right away but using your money you get paid in the future. Ex: (Real numbers), I was analyzing 2 sets of duplexes (4 units) for $40, 000 ($20, 000/ each). The properties brought in $2, 000/month. Now using my money, It take 1.6 years to start seeing money v.s getting a loan for $40, 000 5 year monthly payment being $854, I'm getting paid $1, 146/month which can go towards the car or a mortgage where your not spending your earned money or your money at all using OPM (Other People Money). I start buying property while I was making $14.10/hr, so not making enough is just an excuse. It's all about your mindset. I also see a lot of people that don't know anything about retirement or 401k but they depend on it in the future. They know more about the NFL retirement than they do their own and that's ashame. I know I was everywhere with my reply but some will get it and some

[youdagoob]

Back when I drove a rusty vehicle, shared an apartment with 3 other guys, and made next to minimum wage... I still saved and gave. It is really about not living beyond your means. But most people don't have the self-control to pull it off. They see a toy or candy and they have to have it.

[HelenandLolly]

Most rich people avoid tax by investing overseas, in their partners name or not declaring profits. At some point they get caught. Just learn to save what you can and spend wisely.

[thecrazeecow]

I notice this with my parents. My dad is good at putting money into wise investments and only buying the necessities, which increase his net worth whereas all the money my mom comes across is spent on new clothes and Lexuses lol

[politicalguru]

After getting financial education, ensure to radically deal with the faulty foundations (if you still have any) that are working against your life or prosperity. Zachariah 1:18-19 talked about the four horns.