Rich Mindset vs Poor Mindset : 6 key differences

[xSkylarx]

There are many theories to make us successful and rich, of course all of these are good things, but not necessarily in accordance with someone, sometimes rich people do the opposite of the techniques above, and this is life because rich or poor is always a mystery and what we have to do is do everything to be successful and rich.

I don't think the concept is like that, success is how a person has a certain goal in his life and then achieves it with all his efforts then he can be said to be successful, while being rich is materially oriented or has a lot of money and living in luxury, of course this is different, I agree if everything we do is to achieve the success of our goals, but I don't agree if everything we do is to get rich because it will have a negative connotation maybe if so your thinking is to be rich, maybe you will do the same thing as SBF being a fraud.

On the time that you do reach out that particular state on being rich then you could really recognized yourself that you had succeed out on applying your knowledge and those plans you do have in mind.

Its always better and recommendable that you should really set up some goals and targets that you should need to reach up because if you wont really be able to set those things then you are really that like on someone who doesnt really have the path on what you should gonna do, unlike when you do have those perceptive on things or conditions that you are really wanting to achieve
then you would really be having that inspiration.

everyone has their own views according to their feelings. success is not just material, it is different from being rich, which is calculated from the amount of material one has. so success can be measured by the level of satisfaction of each person, even though the material is not as much as someone who is rich but he can feel enough and be grateful for what he has achieved. there are also people who we view as poor but they feel sufficient, because they do not have the desires of people in general

Rich was always measured by money or assets, but some people will also say they are rich with love from their family. We know some of the rich don't have time for their family and loved ones as they work for the money, but with those who say they are rich as long as they have food, they are good, and it is not always about money that brings happiness. Not all of us want to be rich; we just want to live simply and have food on the table. Some of us want to be rich; others want to be rich but are lazy, which means they can't achieve it without doing anything.

[1714906875]

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[1714906875]

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[arimamib]

It's in the basic principle of understanding each other's way of being grateful for what they have.
In one phase, the mindset of both the rich and the poor is of course very different in managing their finances and the opportunities they have. Now, I will describe a little how this can be a factor if they cannot take advantage of every opportunity they have to become a source of passive income that can make them change their destiny in the years to come. People of all walks of life I think they have one shot at in every line of business they go into in their life. So if they fail to take advantage of that opportunity then I think the fall for financial or other things will affect the development of their business.

Financial management and supported by a genius mindset will be able to give birth to brilliant ideas in what they do. Maybe a few examples are those who are trying hard to collect a lot of BTC in their portfolio. In this context we need brilliant ideas on how to take advantage of the results of the Sig income that we will process to be able to make a profit, both in terms of trading or making savings and also how do you  can save 50% of what you get from sig, that's a form of mindset that we have to think about in order to be more efficient and get the dreams that you plant from this year.

[posi]

There are many theories to make us successful and rich, of course all of these are good things, but not necessarily in accordance with someone, sometimes rich people do the opposite of the techniques above, and this is life because rich or poor is always a mystery and what we have to do is do everything to be successful and rich.

I don't think the concept is like that, success is how a person has a certain goal in his life and then achieves it with all his efforts then he can be said to be successful, while being rich is materially oriented or has a lot of money and living in luxury, of course this is different, I agree if everything we do is to achieve the success of our goals, but I don't agree if everything we do is to get rich because it will have a negative connotation maybe if so your thinking is to be rich, maybe you will do the same thing as SBF being a fraud.

On the time that you do reach out that particular state on being rich then you could really recognized yourself that you had succeed out on applying your knowledge and those plans you do have in mind.

Its always better and recommendable that you should really set up some goals and targets that you should need to reach up because if you wont really be able to set those things then you are really that like on someone who doesnt really have the path on what you should gonna do, unlike when you do have those perceptive on things or conditions that you are really wanting to achieve
then you would really be having that inspiration.

everyone has their own views according to their feelings. success is not just material, it is different from being rich, which is calculated from the amount of material one has. so success can be measured by the level of satisfaction of each person, even though the material is not as much as someone who is rich but he can feel enough and be grateful for what he has achieved. there are also people who we view as poor but they feel sufficient, because they do not have the desires of people in general

Rich was always measured by money or assets, but some people will also say they are rich with love from their family. We know some of the rich don't have time for their family and loved ones as they work for the money, but with those who say they are rich as long as they have food, they are good, and it is not always about money that brings happiness. Not all of us want to be rich; we just want to live simply and have food on the table. Some of us want to be rich; others want to be rich but are lazy, which means they can't achieve it without doing anything.

It's not like that, everyone wants to be rich, and that's the truth, but many people don't dare to face it. People who say they just need love from family, they just need to be happy, money isn't everything... those people are just trying to hide the fact that making money with them is really a mission impossible.

I know this is a harsh truth, but it is true, no one is without money, and money is still something that everyone aims for in this life. Without money, you cannot be happy, you cannot have love, and without money, no girl will marry you. If you can't give your child delicious meals, that's never called happiness.

[odunybiz]

We all can be rich but what tied us to being poor is our mentality, we need to change our way of thinking and reasoning and get new orientation to position us the normal way we should think and live our lives, we are not expected to feel inferior with the way of our life, we must be courageous and remained determined for success no matter the price required, it's what will change our lives for a better tomorrow if we set the mindset right on a good positioning to work in our favour in whatsoever thing we do in life

Changing mentality is also not that easy because various factors, especially environmental factors, seem to really influence it,
when we are in an environment that is always supportive and continues to work hard that is where our mentality will be formed,
all of that requires process and sacrifice.

Our mentality is also a function of our environment , so a good environment that is good for learning and reading will help to shape the knowledge and orientation of someone. Also there is a role that parents play to shaping of the mentality of the young person. Putting the young person in the direction of education, exposure, character formulation , teaching of financial freedom help to go a long way in how they can easily find support like loans to reach their financial destination.

The parent is even the one with the greatest role. A child begins his/her journey from home. Whatever he/she is taught is what people outside will build on. That is why is advisable for parents to train their children well especially in the early stage.

[Marvell1]

We all can be rich but what tied us to being poor is our mentality, we need to change our way of thinking and reasoning and get new orientation to position us the normal way we should think and live our lives, we are not expected to feel inferior with the way of our life, we must be courageous and remained determined for success no matter the price required, it's what will change our lives for a better tomorrow if we set the mindset right on a good positioning to work in our favour in whatsoever thing we do in life

Changing mentality is also not that easy because various factors, especially environmental factors, seem to really influence it,
when we are in an environment that is always supportive and continues to work hard that is where our mentality will be formed,
all of that requires process and sacrifice.

Our mentality is also a function of our environment , so a good environment that is good for learning and reading will help to shape the knowledge and orientation of someone. Also there is a role that parents play to shaping of the mentality of the young person. Putting the young person in the direction of education, exposure, character formulation , teaching of financial freedom help to go a long way in how they can easily find support like loans to reach their financial destination.

The parent is even the one with the greatest role. A child begins his/her journey from home. Whatever he/she is taught is what people outside will build on. That is why is advisable for parents to train their children well especially in the early stage.

But could not put all the responsibility on the shoulders of parents, I have witnessed many poor families who do not have time to teach their children, only working until death. And there are kids who understand, although no one teaches them that, they never resent their parents, instead, they help them and have a high determination to try so that their parents won't have to suffer anymore. The environment plays a very important role, but each person's perception is even more important.

[og kush420]

But could not put all the responsibility on the shoulders of parents, I have witnessed many poor families who do not have time to teach their children, only working until death. And there are kids who understand, although no one teaches them that, they never resent their parents, instead, they help them and have a high determination to try so that their parents won't have to suffer anymore. The environment plays a very important role, but each person's perception is even more important.

I disagree with the point that parents are always the role model most of the time children are opposite of their parents
Some of the very religious parent have very corrupt children and I have witnessed these situation personally.

[Mr.corol]

There is a wide gap between the rich and the poor. They both have different mindset.

🗝️🗝️ The rich believe that money makes money. They see money as an opportunity but the poor people see it as something to be earned. 🗝️🗝️

🗝️🗝️ Rich people make money work for them. Instead of just working and relying on income, a rich person would take a proportion of their income and invest it but the poor people are said to work for money. A poor person sees $1000 as just $1000. A poor person works paycheque to paycheque for the rest of their life. They neither save nor invest any part of their income. 🗝️🗝️

🗝️🗝️ Rich people spend on necessities and what is needed not what is desired. A rich person with a perfectly functioning phone would not need to spend money on a new one. A truly rich person does not care about trends, they care about net worth. Poor people spend on both necessities and desires. A poor person spends beyond their means. They care about the latest trends, not about net worth. 🗝️🗝️

🗝️🗝️ Rich people think of a long-term goals but poor people set at best short-term goals or none. They do not see the necessity of long-term goals such as money for future living. 🗝️🗝️

🗝️🗝️ Rich people tend to be risk takers but poor person is more likely to be risk averse. For example, when given an opportunity to invest in a startup, poor people are more likely to immediately turn this down. They do not see this as a chance to increase wealth. They see this as a reduction of their disposable income. 🗝️🗝️

🗝️🗝️ Rich people are eager to learn but the poor people are not eager to learn. Most millionaires in the United States were not born millionaires, they learnt how to build wealth. The more they learn, the more they understand the world. 🗝️🗝️

Reference: https://novamoney.com/blog/5-key-differences-between-a-rich-mindset-and-a-poor-mindset

Conclusion
👉👉Recognize where you stand and how you would like to move forward. Having a poor mindset may made your poor forever. The mindset you have will determine the level of your achievement.

👉👉Never get confused about your recent status. Confusion brings distracted and lack of focus. It never to late for a change in mindset. Work on yourself, think positively, be focus, have a dream and work towards your dream to achieve great success.

Bro you are right because poor people are daily labourers.
   How do they invest in the long term? It is not possible for them. Long term investment only
 For rich people.

[JayJuanGee]

[edited out]

Bro you are right because poor people are daily labourers.
   How do they invest in the long term? It is not possible for them. Long term investment only
 For rich people.

A poor person, such as a laborer could still figured out some strategy to stock away $10 per week into something like bitcoin, and if they just continue to live their lives, over a long period of time, they could end up building up decent quantities of reserves to give themselves more options.... So for example, if the poor person had invested $10 per week into bitcoin over the last 9 years, such poor person would have about 4.5 BTC currently, which would add up to about $106.5k based on current BTC prices of $23,650.

Sometimes persistency can even put a relatively poor person into a decent position with more options than s/he would have had if s/he had not put aside investments along the way, and of course, choosing bitcoin would be way more likely to have longer term benefits than choosing some other investments that might either be more difficult to make with small amounts or problematic to pick some shitcoin that may or may not end up being able to survive in the longer time period.. such as if we might even be projecting out a retirement plan that might be 30 to 40 or even more years into the future when someone might start his/her working career - even if poor in the beginnings and even if choosing relatively dead-end jobs.. which can sometimes show that there might not be a willingness to prepare for the long term, but still even something modest on a regular basis can have compounding beneficial life-changing effects.. especially if projected over longer periods of time.

[Smartprofit]

But could not put all the responsibility on the shoulders of parents, I have witnessed many poor families who do not have time to teach their children, only working until death. And there are kids who understand, although no one teaches them that, they never resent their parents, instead, they help them and have a high determination to try so that their parents won't have to suffer anymore. The environment plays a very important role, but each person's perception is even more important.

I disagree with the point that parents are always the role model most of the time children are opposite of their parents
Some of the very religious parent have very corrupt children and I have witnessed these situation personally.

Yes, I agree with you.

Very often, children are completely different from their parents.  Humans do not reproduce by cloning or budding.  Genetically, children are a combination of the genes of both parents, as well as all of their ancestors. 

Many people believe that parents can greatly influence their children by raising them. 

However, it is not. 

At a certain stage of personality development, the child imitates his parents. 

However, at other stages of his development, on the contrary, he tries to oppose himself to them in order to show his individuality.  Great teachers write that the most important thing is not to try to raise children, but you just need to love them. 

And how, then, to develop in children the thinking of a rich and successful person?  In my opinion, to achieve this goal, it is necessary to convey to the child the information that this type of thinking will bring him benefits in the future, in the hope that he will subsequently choose this path for himself.

[og kush420]

We all can be rich but what tied us to being poor is our mentality, we need to change our way of thinking and reasoning and get new orientation to position us the normal way we should think and live our lives, we are not expected to feel inferior with the way of our life, we must be courageous and remained determined for success no matter the price required, it's what will change our lives for a better tomorrow if we set the mindset right on a good positioning to work in our favour in whatsoever thing we do in life

Changing mentality is also not that easy because various factors, especially environmental factors, seem to really influence it,
when we are in an environment that is always supportive and continues to work hard that is where our mentality will be formed,
all of that requires process and sacrifice.

Our mentality is also a function of our environment , so a good environment that is good for learning and reading will help to shape the knowledge and orientation of someone. Also there is a role that parents play to shaping of the mentality of the young person. Putting the young person in the direction of education, exposure, character formulation , teaching of financial freedom help to go a long way in how they can easily find support like loans to reach their financial destination.

The parent is even the one with the greatest role. A child begins his/her journey from home. Whatever he/she is taught is what people outside will build on. That is why is advisable for parents to train their children well especially in the early stage.

But could not put all the responsibility on the shoulders of parents, I have witnessed many poor families who do not have time to teach their children, only working until death. And there are kids who understand, although no one teaches them that, they never resent their parents, instead, they help them and have a high determination to try so that their parents won't have to suffer anymore. The environment plays a very important role, but each person's perception is even more important.

I met a person - the most corrupt person in my life and he pretended to be the most the religious person
but he is a scammer - according to him his father was a religious person - and he too is but he was the worse person I ever met in my life.

[slapper]

[edited out]

Bro you are right because poor people are daily labourers.
   How do they invest in the long term? It is not possible for them. Long term investment only
 For rich people.

A poor person, such as a laborer could still figured out some strategy to stock away $10 per week into something like bitcoin, and if they just continue to live their lives, over a long period of time, they could end up building up decent quantities of reserves to give themselves more options.... So for example, if the poor person had invested $10 per week into bitcoin over the last 9 years, such poor person would have about 4.5 BTC currently, which would add up to about $106.5k based on current BTC prices of $23,650.

Sometimes persistency can even put a relatively poor person into a decent position with more options than s/he would have had if s/he had not put aside investments along the way, and of course, choosing bitcoin would be way more likely to have longer term benefits than choosing some other investments that might either be more difficult to make with small amounts or problematic to pick some shitcoin that may or may not end up being able to survive in the longer time period.. such as if we might even be projecting out a retirement plan that might be 30 to 40 or even more years into the future when someone might start his/her working career - even if poor in the beginnings and even if choosing relatively dead-end jobs.. which can sometimes show that there might not be a willingness to prepare for the long term, but still even something modest on a regular basis can have compounding beneficial life-changing effects.. especially if projected over longer periods of time.

Excellent point, you make there. It's incredible to observe how even little contributions over time may yield significant results. People should be aware that they do not need to be wealthy to begin saving and investing for their future. A little weekly investment might grow into a significant sum over time.

Those without a lot of capital to invest would do well to consider Bitcoin, and I agree with you that this is the case. It's a terrific entry point for novice investors because of how simple it is to purchase and sell. You're right that, over time, even a few dollars here and there may amount to a substantial sum.

While Bitcoin and other cryptocurrencies have enormous profit potential, investors should be aware of their extreme volatility. Before putting down any money, it's vital that you study the market and learn about the potential dangers.

Dollar-cost averaging is a method that may be used to invest in Bitcoin or any other asset over time. This method entails putting away a certain sum of money periodically, regardless of the asset's value. By spreading out your investments, you may reduce the likelihood of losing everything in a single market downturn.

Putting away a part of your monthly income specifically for investment is another viable option to consider. The key is to make this a consistent practice, even if it's only a 5% or 10% reduction. In this approach, you may gradually amass a sizable investment portfolio without having to come up with a huge chunk of money all at once.

[Inspiron14]

But could not put all the responsibility on the shoulders of parents, I have witnessed many poor families who do not have time to teach their children, only working until death. And there are kids who understand, although no one teaches them that, they never resent their parents, instead, they help them and have a high determination to try so that their parents won't have to suffer anymore. The environment plays a very important role, but each person's perception is even more important.

I disagree with the point that parents are always the role model most of the time children are opposite of their parents
Some of the very religious parent have very corrupt children and I have witnessed these situation personally.

Yes, that's the reality, but parents should have a greater responsibility to educate their children,
In addition, environmental factors also affect the development of children,
what is clear is that the behavior of parents cannot be used as a benchmark that children will have the same behavior.

[Ryu_Ar1]

Yes, that's the reality, but parents should have a greater responsibility to educate their children,
In addition, environmental factors also affect the development of children,
what is clear is that the behavior of parents cannot be used as a benchmark that children will have the same behavior.

That is something that is very certain because parents are aware of it or not, they are one of the best mentors that children should have, especially when they see the actual condition of children at a very young age, it is clear that they need great guidance in this matter, so the role of parents is very be vital in this regard.
The reason is quite clear, when we as parents it is clear that we are the ones who spend the most time with children compared to other people so that indeed all forms of behavior that we do will clearly be a real example for our own children.

Indeed, in other cases the role of all fields such as the environment also has an effect, but in this case when we look at the comparison, it is indeed the parents who play an important role in the survival of the child in the future. So when we as parents set an example that is not very good in living life, we cannot expect much for children who can indeed get better, even though this is still possible, but children at a young age will clearly see what parents do first. before other people unless they already have their own thoughts and point of view later.

[JayJuanGee]

[edited out]

Bro you are right because poor people are daily labourers.
   How do they invest in the long term? It is not possible for them. Long term investment only
 For rich people.

A poor person, such as a laborer could still figured out some strategy to stock away $10 per week into something like bitcoin, and if they just continue to live their lives, over a long period of time, they could end up building up decent quantities of reserves to give themselves more options.... So for example, if the poor person had invested $10 per week into bitcoin over the last 9 years, such poor person would have about 4.5 BTC currently, which would add up to about $106.5k based on current BTC prices of $23,650.

Sometimes persistency can even put a relatively poor person into a decent position with more options than s/he would have had if s/he had not put aside investments along the way, and of course, choosing bitcoin would be way more likely to have longer term benefits than choosing some other investments that might either be more difficult to make with small amounts or problematic to pick some shitcoin that may or may not end up being able to survive in the longer time period.. such as if we might even be projecting out a retirement plan that might be 30 to 40 or even more years into the future when someone might start his/her working career - even if poor in the beginnings and even if choosing relatively dead-end jobs.. which can sometimes show that there might not be a willingness to prepare for the long term, but still even something modest on a regular basis can have compounding beneficial life-changing effects.. especially if projected over longer periods of time.

Excellent point, you make there. It's incredible to observe how even little contributions over time may yield significant results. People should be aware that they do not need to be wealthy to begin saving and investing for their future. A little weekly investment might grow into a significant sum over time.

Those without a lot of capital to invest would do well to consider Bitcoin, and I agree with you that this is the case. It's a terrific entry point for novice investors because of how simple it is to purchase and sell. You're right that, over time, even a few dollars here and there may amount to a substantial sum.

While Bitcoin and other cryptocurrencies have enormous profit potential, investors should be aware of their extreme volatility. Before putting down any money, it's vital that you study the market and learn about the potential dangers.

Dollar-cost averaging is a method that may be used to invest in Bitcoin or any other asset over time. This method entails putting away a certain sum of money periodically, regardless of the asset's value. By spreading out your investments, you may reduce the likelihood of losing everything in a single market downturn.

Putting away a part of your monthly income specifically for investment is another viable option to consider. The key is to make this a consistent practice, even if it's only a 5% or 10% reduction. In this approach, you may gradually amass a sizable investment portfolio without having to come up with a huge chunk of money all at once.

Of course, a person who had ONLY been able to reasonably stack away $10 per week over the past 9 years, may well not be a very rich person.. so maybe they don't really have any extra money, so over the whole 9 year period they are going to be tempted over and over and over to dip into the amount that they had saved (including the amount that the savings into bitcoin had appreciated in value), so they likely need to structure their way of managing their wealth in such a way that they are not tempted to dip into their investment.. and if they do dip into the investment, they are somehow attempting to supplement that investment.  None of these investment management practices are easy to figure out, even though for sure it seems to be a much better problem to figure out how to manage having more wealth (and savings) rather than never having had accumulated any kind of savings of investment.

Another thing that happens with the accumulation of wealth is that even if you are not dipping into your wealth, sometimes, you can still experience considerable wealth affects in terms of how you manage other aspects of your money including your freedoms to spend more money without feeling guilt, when you have a decently-sized amount saved/invested.

Of course, some of the financial circumstances (and even psychology of any person is likely to change over a period of 9 years) but hypothetically speaking, let's say that this person ONLY made about $1k per month, and s/he had expenses that include lodging, food, transportation and entertainment that was in the ballpark of $750 to $1.2k per month depending on the month, and so some months, s/he would be able to build an emergency fund and a savings fund, so perhaps s/he would be engaged in such a practice in his/her earlier days into bitcoin, but with the passage of time, even his/her emergency fund became more stable too... so maybe at first when the person first got into bitcoin, the emergency fund was really ONLY enough to cover 1-2 months of living expenses, but after 4 years, the emergency fund could cover 5 months of living expenses and after 8-9 years, the emergency fund started to be able to cover close to a year of emergency expenses, so sometimes there can be decisions to live more adventurous or to spend some of the money in the emergency fund because there is perceived to NOT be a need to keep that much extra funds that are in an emergency fund... and surely none of the abilities to build funds UP to higher levels are guaranteed - including it is far from guaranteed that bitcoin's price will even continue to go up, even though it remains amongst the best of current investment options (if not the best of investment options) that are available to anyone who is able to figure out some kinds of ways to reasonably/prudently invest in such a way that is sufficiently aggressive, while being within his/her own means of income and psychology and also to perhaps be able to reassess in detail once or twice a year to verify if the track that is being followed is working out sufficiently well or if perhaps some kinds of tweaks and adjustments can be or should be made.

So, I guess part of my additional point is to suggest that it can be difficult to maintain the employment of any kind of consistently and persistently meaningful investment strategy over a long period of time, and there can be ways to overly think or overly tweak or to get tempted into withdrawing and/or changing the strategies along the way that may or may not be good for the overall strategies, and I  am not even suggesting that any strategy needs to be perfect in order to still be able to have very good potentials to receive advantages from compounding benefits that come from maintaining an investment over a long period of time and also that perhaps continues to attempt to include ongoing persistent building and accumulating strategies that are some what conservative and even seemingly small, yet the compounding effects can still end up having decently good chances of paying off well especially with something like bitcoin in the mix, so long as you do not over do it and end up fucking yourself along the way because you got too greedy or did not keep persistence in your longer term oongoing investment strategies that should have continued to put reasonable amounts of money into it (and to keep that value secure) with the passage of time.

[og kush420]

But could not put all the responsibility on the shoulders of parents, I have witnessed many poor families who do not have time to teach their children, only working until death. And there are kids who understand, although no one teaches them that, they never resent their parents, instead, they help them and have a high determination to try so that their parents won't have to suffer anymore. The environment plays a very important role, but each person's perception is even more important.

I disagree with the point that parents are always the role model most of the time children are opposite of their parents
Some of the very religious parent have very corrupt children and I have witnessed these situation personally.

Yes, that's the reality, but parents should have a greater responsibility to educate their children,
In addition, environmental factors also affect the development of children,
what is clear is that the behavior of parents cannot be used as a benchmark that children will have the same behavior.

even some educated people would not be able to do the good upbringing of their children
some of the rich people school in our country has the most ill mannered students. i think the best practice kids and their parents do are in JApan - they really produce the gems from the school

[Cryptock]

Yes, that's the reality, but parents should have a greater responsibility to educate their children,
In addition, environmental factors also affect the development of children,
what is clear is that the behavior of parents cannot be used as a benchmark that children will have the same behavior.

That is something that is very certain because parents are aware of it or not, they are one of the best mentors that children should have, especially when they see the actual condition of children at a very young age, it is clear that they need great guidance in this matter, so the role of parents is very be vital in this regard.
The reason is quite clear, when we as parents it is clear that we are the ones who spend the most time with children compared to other people so that indeed all forms of behavior that we do will clearly be a real example for our own children.

Indeed, in other cases the role of all fields such as the environment also has an effect, but in this case when we look at the comparison, it is indeed the parents who play an important role in the survival of the child in the future. So when we as parents set an example that is not very good in living life, we cannot expect much for children who can indeed get better, even though this is still possible, but children at a young age will clearly see what parents do first. before other people unless they already have their own thoughts and point of view later.

in some case - success is not only the money which people realise later in their lives.
Success in some people opinion is health -  satisfacTION AND CONTENTMENT TOO

[Theones]

They work differently because these two poor and rich people have different views on the future.
Rich people spend their money on something that could give them returns or profit while poor people spend their money on something don't have. They don't afraid to risk their money because they believe that it works fine and with a plan. But poor people don't do it because they already think about failure and losses.

Your argument is wrong, if you say the poor buy things they don't have, do the rich always buy things they already have?
When it comes to profit, they will always buy it for their benefit.
When it comes to future outlook, I'm sure they also want a happy ending.
In my opinion, why do people become poor and rich because of their mindset about how to manage finances, no matter how little or how much money is managed, people who are good at financial management always maximize their money for developing their business, whatever they buy is definitely aimed at smooth running or productivity in business or work.

IN my humble opinion - in most case - Rich people would spend their money for their purpose that could give them returns or profit while the poor people are struggling with their bills  spend their money on something don't have.

[Sayeds56]

There is a wide gap between the rich and the poor. They both have different mindset.

🗝️🗝️ The rich believe that money makes money. They see money as an opportunity but the poor people see it as something to be earned. 🗝️🗝️

The key difference between rich and poor mindset in my opinion is, the people with rich mind set focus on growth, always take timely action and perceive opportunities with positive outlook, whereas those with poor mindset have scarcity mentality, focus on short term gains and always have excuse for not taking action on time and have negative attitude. A successful individual always belies in continuously learning and  never blames external factor for his failure, instead learns lessons from mistakes and moves on.

[BigBos]

They work differently because these two poor and rich people have different views on the future.
Rich people spend their money on something that could give them returns or profit while poor people spend their money on something don't have. They don't afraid to risk their money because they believe that it works fine and with a plan. But poor people don't do it because they already think about failure and losses.

Your argument is wrong, if you say the poor buy things they don't have, do the rich always buy things they already have?
When it comes to profit, they will always buy it for their benefit.
When it comes to future outlook, I'm sure they also want a happy ending.
In my opinion, why do people become poor and rich because of their mindset about how to manage finances, no matter how little or how much money is managed, people who are good at financial management always maximize their money for developing their business, whatever they buy is definitely aimed at smooth running or productivity in business or work.

IN my humble opinion - in most case - Rich people would spend their money for their purpose that could give them returns or profit while the poor people are struggling with their bills  spend their money on something don't have.

That is a form of practice that maybe I personally cannot blame what you say because there are some people who are like that, but in terms of the purpose of taking advantage I have said that they take the same goal, namely for their own benefit, both the rich and the poor. in terms of spending or fulfilling bills, it is true that poor people are always pressured by this, but in my opinion, if a poor person has a far-reaching mindset for a better life, they will try their best to get out of that zone.

[Ryu_Ar1]

That is something that is very certain because parents are aware of it or not, they are one of the best mentors that children should have, especially when they see the actual condition of children at a very young age, it is clear that they need great guidance in this matter, so the role of parents is very be vital in this regard.
The reason is quite clear, when we as parents it is clear that we are the ones who spend the most time with children compared to other people so that indeed all forms of behavior that we do will clearly be a real example for our own children.

Indeed, in other cases the role of all fields such as the environment also has an effect, but in this case when we look at the comparison, it is indeed the parents who play an important role in the survival of the child in the future. So when we as parents set an example that is not very good in living life, we cannot expect much for children who can indeed get better, even though this is still possible, but children at a young age will clearly see what parents do first. before other people unless they already have their own thoughts and point of view later.

in some case - success is not only the money which people realise later in their lives.
Success in some people opinion is health -  satisfacTION AND CONTENTMENT TOO

What you say is true, but in this condition it is difficult for us to say we are healthy when we don't have money there. Indeed, in terms of the condition of our bodies, we don't have anything serious, but obviously not having money will obviously have a real impact and we may also have to have problems because we always think about it, so I think health also clearly has to have money beside it.
On the other hand, it's about satisfaction. What kind of satisfaction do you want to aim for? when we have a goal in life we obviously need money in it to support everything that is needed to achieve that satisfaction.

I don't mean to prioritize money under any circumstances, but I still feel that as long as we want to be calm, healthy and get satisfaction for ourselves, all of us have to have money as a real criterion.