You Will Stay Poor If You Keep Thinking Like This! - Mindset Of The Poor

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I really believe that you will stay poor if you keep thinking like this! The mindset of the poor is mainly based on the idea of getting rich quick, the inability of delaying gratification and the lack of financial education.

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- MinionNoMore
  1. MinionNoMore
  2. you will stay poor if you keep thinking like this
  3. stop thinking like this if you want to get rich
  4. stop thinking like the middle class
  5. why poor people stay poor
  6. why the poor stay poor
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Комментарии
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Hey guys,
OK, it’s not necessarily a graph at the end of the video but you can definitely learn a lot from it.
In case you’re wondering ('rich’ means 20% top earners, 'poor’ are the bottom 20% earners and 'middle' are the 20% in the middle.)
I think this really shows why so many poor people get poorer.
Of course you won’t get out of that dark financial place if you still spend 40% on luxury items.
Luxury items are something that you should buy as a treat for yourself with a portion of your money when you did well with your finances and not something that you should buy regularly especially if you’re in the bottom 20% of earners.

Just let me know what you guys think in the comments!
Thanks a lot! - Leave me a like to support MinionNoMore and

MinionNoMore
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yeah so many people fall for get rich quick schemes. It's a huuuge industry that's the reason you see so many:
"this is how I made 235253243423$ in 20minutes and you can do this too" ads on the internet.
But you NEVER hear a millioanire saying "oh I just tried a couple of get rich quick schemes until I found one that worked"
Getting rich quick is just a great marketing trick. Thanks for your video!

joseo
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Great vid!
The part with the lottery winners was super interesting!
and of course I was like: - I won't be that stupid and spend it all -
but on the other hand I have a lot of super expensive ideas what I would to do with that money :)
keep those vids coming!

samara