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Author Topic: Beliefs about money and wealth  (Read 3256 times)
Kittygalore
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February 21, 2018, 06:18:13 AM
 #21


5 - To make money, you just need to have a great idea nobody thought off.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.


I strongly agree to you in these lines, You have to think differently in the market because people find something new and different, Entrepreneurs think this way and is the reason for their success. Second is that investing to Bitcoin, as we can see all of the crypto are successful and is proven that will give you high profits. Lastly, you have to be wise this is also the same for an Entrepreneurs because you have to think differently in order to be successful.

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February 21, 2018, 07:14:45 AM
 #22

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)
My point of view in money and wealth is not easy because you need to work hard for your needs.  More trials and error before you reach from the top,  but once you reach it you feel it to your self that you are successful because of the hardwork,  honest,  and kind to otgers thats why you reach that goal.
Notcalculator
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February 21, 2018, 07:30:45 AM
 #23


4 - Debt is always bad.

Debt is not always bad. For example if there were no mortgages, people would rent till they were into their 50's and only buy at that point. Debt can be good if it can purchase you a business or asset whose returns are greater than the interest on the loan. But once you've bought your asset, you need to overpay that debt as fast as possible, because only when the liability is gone can you really own the asset outright.

Nope, houses would simply be much cheaper because people would only be able to spend what they have.

It's wishful thinking that the capitalist economy would survive without debt. A world without debt is socialism. (im not saying that's bad either). But the truth is the economy needs to grow or it will die and debt plays a crucial role to that. The world needs debt to grow.

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Idrisu
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February 21, 2018, 07:41:28 AM
 #24

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)
This are ways some of us thing on how one can become rich and wealthy. I have seeing rich people as a risk takers and those that always invest intelligently. Money need intelligent to actually make it and until you are very sounds in financial intelligent don't expect to be extremely rich. Many people that buy bitcoin in 2008 with really money take an action that has placed them I the company of wealthy people and they also take risks for some of us today!

paulwallyall
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February 21, 2018, 07:58:43 AM
 #25

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)

My friend got recruited for some sort of cult that worshiped this book. It sounds interesting minus joining the cult, think I'll put it next on my reading list!
Rrotess
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February 21, 2018, 08:31:00 AM
 #26

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?
I did not aggree with the list because they are not always be the reason.

Quote
1 - Millionaires are greedy, that is why they become millionaires.
Greediness is not always the reason behind successful. Luck matters at all.
Quote
2 - Company managers just want to use the workers to make themselves rich and others poor.
Company managers have different point of view, they have different reason and attitude. Maybe, you found the greedy one.
Quote
3 - Having money is a question of luck, if not of "gods grace".
Not all times, money is the result of hardwork and faith.
Quote
4 - Debt is always bad.
Are you sure? Debt might be used for future economic growth. Individually, you can start up your business with a debt.
Quote
5 - To make money, you just need to have a great idea nobody thought off.
Uniqueness, maybe, but not all times because the people might not be interested with your unique idea.
Quote
6 - Cryptos are the way to make money and be successful without having to put effort into it.
The essence of success is the failure and mistake that you've took. Without failure, your success will be for the mean time, someday might fall again because your foundation is not strong enough to conquer those new challenges.
Quote
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
Nope, better to believe in God. Everything has a purpose and if we cannot see our luck with bitcoin maybe there is a new one that will fulfill our dreams. Don't just stake to bitcoin, invest some of your money to physical world.
Quote
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.
Sometimes, you need to share everything you have. I believe in the maxine:
You reap is what you sow. Everything we will do to our neighborhood will be back to us.
Quote
Your turn to think ...

People have unlimited needs and wants, we are always not satisfied in our life. We accept the fact that the nature of human does not have satisfaction. We always look forward to reach something, the reason behind our success.
I will agree that people now never satisfied for what they have and tried to reach other things to make them more interesting in their lifes.Maybe It's because we find something that really attractive in our own needs and perception.
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February 21, 2018, 08:50:08 AM
 #27

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)
My point of view in money and wealth is not easy because you need to work hard for your needs.  More trials and error before you reach from the top,  but once you reach it you feel it to your self that you are successful because of the hardwork,  honest,  and kind to otgers thats why you reach that goal.
Actually have to save money. If you spend all the money you earn, instead of saving and investing it, you will never create the financial abundance that you could have.
bluered
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February 21, 2018, 08:52:31 AM
 #28

1 - Millionaires are greedy, that is why they become millionaires.
I don't agree on this, millionaires are hardworking even they are on bed they keep on thinking about ideas on how they will grow their businesses and investment. They might be greedy but they are working on it with their full potential and effort.

4 - Debt is always bad.
It will pull you down so better to stay away from asking people to borrow money. I can't give any other points for the remaining ones but we are living in a world that is unfair so in able for someone to get rich and live prosperously, you need to deal with challenges and risks.

Well, for borrowing money is not that bad if you have discipline on paying its and know that you need to be thrifty because you have debt to be paid. My sister is always borrowing money to give to me for my allowance every week and every salary distribution time she pay for her borrowed money. Borrowing money is very helpful to me, but then i know also that it is not good because of the money you earn goes to nothing but to the debt, but it is ok it is just the same i just used already the money while it is not yet on my hand.

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DrYe5
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February 21, 2018, 09:04:05 AM
 #29


5 - To make money, you just need to have a great idea nobody thought off.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.


I strongly agree to you in these lines, You have to think differently in the market because people find something new and different, Entrepreneurs think this way and is the reason for their success. Second is that investing to Bitcoin, as we can see all of the crypto are successful and is proven that will give you high profits. Lastly, you have to be wise this is also the same for an Entrepreneurs because you have to think differently in order to be successful.
One part of  is to look for the smart way to get wealthy. Not in a sense of looking for a quick fix or doing questionable things, but by understanding what leads to wealth.
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February 21, 2018, 10:00:44 AM
 #30

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)
Yes I try belief in money and wealth  it is all important  to all of us money is important  we can not leave without money
werpak321
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February 21, 2018, 12:02:19 PM
 #31

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)
I truly  believe  that we can achieve  our wealth and money problem because  of bitcoin just keep working  and believing
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February 21, 2018, 12:10:30 PM
 #32

Number 5 is the one that I somewhat agree in this topic. In order to survive and profit money, you have to be innovative and unique. This is called your unique selling proposition. If your USP is interesting, then the chances of earning money would be higher.

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genocide
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February 21, 2018, 12:30:23 PM
 #33

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)

I do not agree to all that are stated above. It shows selfishness as an individual and greediness to those who are millionaires. I believe in equality that whether you are poor or rich can achieve the wealth everyone is trying to achieve. Having such qualities like positive thinking, innovative, creative, critical thinking skills, risk takers means you have the right to be inline in the business regardless your status in the community. And having enough knowledge, training skills, experiences and marketing strategies, I believe there is no reason for not having such wealth. It is better to have your desire wealth without hurting or stepping others and most especially do not compete with others, but rather compete with what you achieved, think outside the box and raise the bar for the entire industry.

My other beliefs about money?
More often than not, money is the root of all evil when someone is already a slave of money. Trying to do everything whether good or bad just to have a plenty of it for their satisfaction and happiness but still they feel sad and discontented for what they have.

For me, happiness and contentment with what I have is like having more money.

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February 21, 2018, 12:49:25 PM
Last edit: February 21, 2018, 01:00:36 PM by thend1949
 #34

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

I've read this book many times. I accept the rules of how people can be rich. We live in capitalism, and these are the rules of capitalism. But I do not think Bitcoin the only way to become a millionaire. You can try other way
We have here it's because of our belief that Bitcoin is a passive way to become  a millionaire.Honestly I will tell you that after I started to joined this forum activities my life were change not only in physical appearance but my wealthness that I have now.Money and wealth is a kind of power that it is not easy to achieve but because of bitcoin we can do that one.Thats why dont wasting your time to keep joining in this forum activities to make your dreams into reality.

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February 21, 2018, 12:53:04 PM
 #35

As much as I believe in most of your submission, I still believe to get money is through the grace of God Almighty. Though, manners does not fall from heaven even just like that,you just have to work for your earnings before it could now be blessed or crowned from heaven with blissful wealth. No food for a lazy man is another saying I believe in. I could not imagine you saying that money can as well be made out of cryptos without working. Have you forgotten that you burn your time going into researches, being active in the forum as well as your trading involvement all in your PCs are categorized under work?

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February 21, 2018, 01:08:15 PM
 #36

Belief can be called a person's belief, if we believe in working, then God will begin to give us what we want like earn money. From this job income, if we are good at saving sure the wealth will come. But wealth, in my opinion, is a useful science because a science will not crack with age and will not be difficult to carry anywhere.
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February 21, 2018, 01:26:54 PM
 #37

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.
2 - Company managers just want to use the workers to make themselves rich and others poor.
3 - Having money is a question of luck, if not of "gods grace".
4 - Debt is always bad.
5 - To make money, you just need to have a great idea nobody thought off.
6 - Cryptos are the way to make money and be successful without having to put effort into it.
7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.
8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)

Doesn't matter how much you try there will alwaysbbe exceptions, in small on big numbers. We all have some beliefs but truth is that we can't live " normal" life without money, to pay for bills, have computers, cars, travel, what ever, if that is all normal you can't have it if you don't have a lot of money for better experience.
People who don't have money thinks that its easier to live with money, and mostly is, but having money brings other troubles too.
Wealth is everywhere around us, but distribution is the ones that is wrong. Blockchain can do a lot about it, more fair wealth distribution is what we all need to live in more peaceful world.

.


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torch2121
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February 21, 2018, 01:28:23 PM
 #38

When I have a lot money. I want to stay what I am right now, I mean nothing will change in my attitude still humble and always humble. Maybe wealthy but low profile. I want to enjoy life and do what I want to do, financial freedom.

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February 21, 2018, 01:41:01 PM
Merited by paxmao (1)
 #39

Everyones hasn diferent beliefs about money and wealth. See for example 35 different ways of thinking about it here:
https://daringtolivefully.com/powerful-beliefs-about-money

One famous author, not my favourite, yet an influential one is Robert Kyosaki. In his book poor dad, rich dad, he examines two different beliefs and states that those believes will shape your success.

What of these do you agree with? What other beliefs do you have about money?

1 - Millionaires are greedy, that is why they become millionaires.

1 - This is a sophism. It states that millionaires are greedy as a fact, even though it's just an assertion. And based on that flawed premise it concludes that this is the reason they became millionaires. I think there are two questions that are better to be asked to find out the answer behind this belief. The first one is "Are millionaires greedy"? I don't think has an evident answer. Some millionaires are greedy, but not all of them. This is a hasty generalization. And the second question to be asked is "Do greediness is what makes you rich"? I think the answer is a definitely no. There are other attributes that allow you to become rich, but greediness is not one of them.

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2 - Company managers just want to use the workers to make themselves rich and others poor.

2 - This belief stems from the Marxist view of the world that sees waged labor as a form of slavery and economy as a zero-sum game. But we all know this view is incorrect, because in a company nobody is forcing you to work. If that's the case, you should call the police because it's against the law (at least in the Western world). You choose to work for a company in order to receive money that allows you to buy stuff from other people.

And economy is not a zero-sum game. If we make an exchange and I give you money and you give me an apple, we are both in a better position that before the exchange, because I want the apple more that I want the money and you want the money more than you want the apple. If that would not have been the case, we wouldn't have made the exchange in the first place.

On a free market, you cannot "make" somebody else poor. This is the natural state in which we are born. You can only make somebody else rich, buy providing goods and services. And the more satisfied your clients are, the more profit you will make. So your wealth depends on the level of satisfaction of your clients.

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3 - Having money is a question of luck, if not of "gods grace".

3 - How do you receive money? In a free-market economy, by convincing others to hand it to you. How can you convince others to hand you money? Well, in exchange for something they wish more than the money they are giving you. So you can acquire money by satisfying the needs of your fellow men.


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4 - Debt is always bad.

4 - Debt is bad only if it's taken for consumption. If it's taken for investments and production, then it is good, because it's the fundamental way in which the economy grows. You wouldn't be able to produce new stuff if somebody else wouldn't save and hand you over their savings in order to use them to build something. And nobody will hand you something for free, so you will have to pay an interest. And this is debt.

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5 - To make money, you just need to have a great idea nobody thought off.

5 - There are tons of people with really good and unique ideas that are poor. The implementation is the one that matters. Getting the idea turned into something that people will give money for, this is the secret of success. And it's a hell of a task to accomplish, because there are a ton of moving parts, from handling employees, making sure you have clients, navigating the bureaucracy of the government and keeping up with the development done in your field. Those who succeed are the one who can take an idea and stick with it until it succeeds.

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6 - Cryptos are the way to make money and be successful without having to put effort into it.

6 - Crypto can be a way to make money, but you still have to put a lot of effort into it. You have to read a lot, on how to securely store your crypto, how to access it, how to transact it, what coin has the best grow potential etc. Just because it't not office hours you are pouring in doesn't mean you are not putting a lot of effort

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7 - To become rich I just have to believe in Bitcoin because many people have become rich doing that.

7 - Bitcoin it's not some god send stuff that will make everybody rich. Yes, some people became rich due to bitcoin, but that doesn't mean that it can't get to zero if some fatal flaw is discovered or if somebody can break the encryption behind bitcoin. It has no other use case than as money, so it's value can rich zero. Gold and other physical currencies will always have value at least as an industrial raw material.


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8 - To become rich I just have to be more clever and streetwise than everyone around to get my share of the cake.

8 - This assumes that the cake has a fixed dimension. But as I said at point 2, economy it's not a zero-sum game. If that would have been the case, then we will still be in caves fighting over the same woods to make fire.


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Your turn to think ...

(EDIT: These are NOT my beliefs, at least not necessarily, is just a list to think. Is not the list by Robert K. either.)

My beliefs are as follows:
1) Cryptocurrencies can become the next general medium of exchange that would allow people to transact across borders without a problem.
2) Governments will try to ban it because they will lose control over inflation and inflation is one of their biggest source of revenue and power based on redistribution
3) I don't know if bitcoin will be the most successful cryptocurrency that will exist, but based on all the informations I have I think it's in the best position at the moment for the medium term (5-10 years).

Sorry for the long post.
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February 21, 2018, 02:45:31 PM
 #40

Too much money makes people too greedy, some of those are the owners of the company who only think of themselves without giving their employees proper compensation because they only want htier business to make profit. That's why there are so much people who are not happy with their work but need to work for their families needs.

Yes, that's true rich person uses poor people without getting any incentives,gifts and bonuses instead they try to mock those people for about being poor. I don't get it why they intend to be the richest, well infact my father once told me that we can't bring money when we die, why they are so much greedy that in return money just can't bring real happiness.
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