Beliefs about money and wealth

[paparexon0414]

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 "Rich Dad, Poor 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 is my idea about this.
1. I am not a millionaire, but as what i watched in different movies, most of the millionaires are doing hidden agenda just to keep their wealth and stay on top. In real life maybe some, maybe not
2. Same as is number 1. (just change "millionaires to manager).
3. Gods grace with a touch of perseverance and hard work.
4. Debt is bad when you are not paying it. Good in terms of using your debt as a capital to your business and be sucessful.
5. Mostly this is what happening. New and unique ideas will have a bigger chance to win.
6. You have to put on effort on everything, even for cryptos. Strategy and patience is one factor to consider.
7. Er... Not sure about this. I still believe in bitcoin but not to extent of selling my properties to have my bitcoin.
8. Good idea, smarter in a good way. Not to smarter just to scam everyone.

Everyone have their own opinions. I maybe right and wrong at times.

[1715341051]

1715341051

[1715341051]

1715341051

[Rejevunator]

My old communications professor once said, "Money is not the root of all evil, it is what you do with it that makes it good or evil", and I believe her. A person could have a lot of money and be a horrible person, while someone who earns way lower than the rich person are kinder, helps his neighbors despite his low salary. Sometimes it is the other way around. I think it is the same with why people started using cryptocurrency. It all depends on your intent why you joined in the first place.

You're right mostly greedy people get success and become millionaire in just short time.But not all millionaire are greedy.

[GregH37]

I agree with the most of statements here, actually those who are ready to work more and who are really greedy have probably more chances to become a millionaire in my opinion.

Greed is very important factor that can even change the economic models if included in the models. It is rather the element of rationality and the assumption of monotonacity that makes you quest for more and more. This is the reason people view millionaires greedy which is in economic perspective a good term.

However becoming a millionaire require mind and great economic models in the time when market needs them. Greed can only amplify or muster up your courage to hit back again and again after every failure that is why Steve Jobs quotes,” Be Hungry and foolish”  which actually is a way to achieving perfection.

[Agniya]

I think people are getting rich due to the fact that they are quite ambitious and know how to save.

[Olympiusad]

Trust in Cryptocurrency is a sure thing if anyone intends to invest in this area. I don't expect too much on wealth. I just felt I should invest in health. Because health is an invaluable gift to man.

[akiho yoshizawa]

incomplete trust without long-term assets, so far I only work for money and savings, I forget if welfare requires a breakthrough from futures trading.

Crypto opened my mind even further. Active and passive stocks must run in balance following existing fluctuations, trusting crypto is analogous to trusting Android technology when os.symbian and os.blackberry still win, finally Android is popular and beats all

Crypto will shake the world of the future, and I believe it can be a small pioneer in my country.

[Ekimzjames20]

incomplete trust without long-term assets, so far I only work for money and savings, I forget if welfare requires a breakthrough from futures trading.

Crypto opened my mind even further. Active and passive stocks must run in balance following existing fluctuations, trusting crypto is analogous to trusting Android technology when os.symbian and os.blackberry still win, finally Android is popular and beats all

Crypto will shake the world of the future, and I believe it can be a small pioneer in my country.

Sometime even if you are hardworking, do everything to become rich, it is not enough to be rich. Your salary is enough only for your daily needs and to your family. And now bitcoin is entire the universe, give chance to earn profits with no so much effort. Just patiently wait and hold fir a long term.

[Nhebu]

I want to emphasize number 4. This belief is not true because there are many millionaires that started from a debt. They risk their money that they borrowed to their friend or loan in business. I think it is not always bad if you will have debt because we can pay our debt with the profits we gained. Just be wise when you have money.

[Janation]

I think people are getting rich due to the fact that they are quite ambitious and know how to save.

Getting rich does not mean that you just "quite ambitious and know how to save". Getting rich needs a lot of skills and knowledge to what you are doing in order to gain the wealth that you want and should deserve.

There are a lot of ways to get rich but you should really experience the part where you are so down in your life since that is the base of your ambition or dream. Knowing how low you are in the past, that is the basic answer how high you flew in the air. Getting rich does not mean anything unless you experience the worst one and turned that into a great one.

[Ngoziwealth]

I totally agree with number 4. money belief which is "Debt is always bad". Debt is not a good thing at all, it strips a man of his dignity. A good example is cited in the book " The Richest man in Babylon". We can also take America's indeptedness to China as a case study.

Some other money and wealth beliefs are:

1. you don't necessarily need to have  a great idea nobody else thought of to make money. Countries like China make money by copying and fine tuning other people's ideas.

2. Riches doesn't come by luck. Those who wait for luck to get rich may as well wait forever. Money has principles which if anyone applies may become rich. you may also find something about this in the book "The Richest man in Babylon"

3. Crypto's are not the only way to make money, there are several other ways. It is even advisable to get at least 7 streams of income(dont put your eggs in one basket) Its just for a person to discover and invest in these other platforms. Robert G. Allen in his book "Multiple Streams of Income" talked about this

[KGBx]

Our society is very complicated though and wealth is not always about any rules, sometimes it is just about random connection of consequences and happenings and it is nothing to do with it at all.

[nur rochid]

I want to emphasize number 4. This belief is not true because there are many millionaires that started from a debt. They risk their money that they borrowed to their friend or loan in business. I think it is not always bad if you will have debt because we can pay our debt with the profits we gained. Just be wise when you have money.

sometimes with debt, then we will be eager to work, maybe because there are demands for payment every month. then with debt will make more money than using your own capital

[dowellness]

My old communications professor once said, "Money is not the root of all evil, it is what you do with it that makes it good or evil", and I believe her. A person could have a lot of money and be a horrible person, while someone who earns way lower than the rich person are kinder, helps his neighbors despite his low salary. Sometimes it is the other way around. I think it is the same with why people started using cryptocurrency. It all depends on your intent why you joined in the first place.

Actually we all are equal all we do just pick some way to become rich. Your posts are well explained how people use the way to become rich. I am agree most of people are greedy they don't buy anything nor they give money to someone they just collect them and with time they become rich.

[Chrisjay29]

I believe that anyone can be rich it is just depend on your hardwork and how you manage your money. I didnt believe that if your poor and you dont have enough education background you cannot be rich. It is not talking about education its all talk about how can you make your profit grow. Yeah its true that good education can help you but for me as long you understand english and quick thinking you can still be thesame with them

[basyang]

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 "Rich Dad, Poor 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 believe if you want to have a good status in life wheather a rich or a wealth one you should always put an effort to do it. You need to be determine and be a hardworking person to achieve it. No one lazy people sit down and become rich immediately unless you are born with a spoon on your mouth. Money is anywhere you just need to work to have it.