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Author Topic: Poor and Rich  (Read 1578 times)
ChiBitCTy
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March 24, 2023, 10:15:37 PM
 #181

We all know the quote "the rich get richer and the poor get poorer" I heard this quote when I was in high school now I'm grown up. I always wondering why?

Is it that the rich have already wealth the day they are born? Have savings and investment?

While the poor doesn't have any of those?

The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.

This saying speaks towards why people with wealth have such wealth, and why poor people continue to stay poor.  Now there are of course exceptions to this, but what it's saying is wealthy/rich people get richer because they continue to do the right things that make them money, that make them richer.  It's also saying poor people typically don't do the right thing to change their fortunes.  Of course one can change this either way, whether that's becoming more rich, or poor. 

It's all about making the right decisions.  About having the right habits.

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Twentyonepaylots
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March 24, 2023, 10:18:03 PM
 #182

We all know the quote "the rich get richer and the poor get poorer" I heard this quote when I was in high school now I'm grown up. I always wondering why?

Is it that the rich have already wealth the day they are born? Have savings and investment?

While the poor doesn't have any of those?

The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.

I think this quote has two main points. The first is that rich is getting rich, I think, is due to capitalism, where rich people are basically the entrepreneurs who knows how to make their money grow whatever the state of economy is. On the other hand, I believe that poor people are getting more poor since they don't know how to handle their money. But, I think the main factor for this to happen is the governments action toward these people. If the government don't do something like increasing wages that corresponds to increasing value of goods, the poor people would just have the money for them to survive. There wouldn't be a room for them to make themselves be better in terms of financial. As per your situation, I think you have the capacity to save money other than the money for your needs, so In the right mindset and planning of financial you could increase your financial soundness soon.
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March 24, 2023, 10:51:45 PM
 #183

In developed countries such as Europe, Japan, South Korea, the USA and others, of course what is seen is the large number of rich people, but on the contrary in developing countries such as Sri Lanka, Timor Leste, Zimbabwe and so on the visible sight is the large number of poor people, but life in this world is indeed unique because rich and poor can need each other and work together.
This is the point because even though we really hope to be rich, there must still be two conditions where rich and poor exist, bearing in mind that this is to create stability.

Just has he has said, in a community there must be the rich and the poor just to creat stability. So it depends on individual to choose which on to become through is plans for life especially if one isn't for a rich home.

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March 25, 2023, 12:00:27 AM
 #184

We all know the quote "the rich get richer and the poor get poorer" I heard this quote when I was in high school now I'm grown up. I always wondering why?

Is it that the rich have already wealth the day they are born? Have savings and investment?

While the poor doesn't have any of those?

The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.

I think this quote has two main points. The first is that rich is getting rich, I think, is due to capitalism, where rich people are basically the entrepreneurs who knows how to make their money grow whatever the state of economy is. On the other hand, I believe that poor people are getting more poor since they don't know how to handle their money. But, I think the main factor for this to happen is the governments action toward these people. If the government don't do something like increasing wages that corresponds to increasing value of goods, the poor people would just have the money for them to survive. There wouldn't be a room for them to make themselves be better in terms of financial. As per your situation, I think you have the capacity to save money other than the money for your needs, so In the right mindset and planning of financial you could increase your financial soundness soon.
Well said - the balance in the society is because of the rich and the poor and this will remain forever unless the poor would work smart and luck will side them
Sometime the poor and the smart people grow rich and sometime rich would be a middle class person. The main reason is luck ofcourse

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March 25, 2023, 12:16:35 AM
 #185

When you’re rich there’s a huge change you’re earning more than you’re spending so you have lots of extra money that can be put into businesses or investments meanwhile the poor struggle to even have ends meet because they need way more than they earn. If a rich person gets money, he’s just richer but if a poor person gets money, he’s just gonna use it to pay for bills, debts and etc.
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March 25, 2023, 05:47:36 AM
 #186

Yes I agree with you "the rich get richer and the poor get poorer". If a person is born into a rich family then he can just be smart with his investments and make money this way. It is not so risky if he can invest in the right places.
Rich people also have savings and investments already. It is less work for them to have to do as they grow up. 

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March 25, 2023, 06:32:07 AM
 #187

According to me, the biggest difference between rich and poor is that a rich person tries to implement his plans while a poor may imagine but has no role in implementation. Another big difference is that the rich can take risks while the poor find it difficult to take risks. But many poor people today have come to the position of the big rich. Here they had a goal and they focused. It is not difficult for a rich person to become rich, but for a poor to become rich he has to work tirelessly and strive.

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March 25, 2023, 09:07:04 AM
 #188

According to me, the biggest difference between rich and poor is that a rich person tries to implement his plans while a poor may imagine but has no role in implementation. Another big difference is that the rich can take risks while the poor find it difficult to take risks. But many poor people today have come to the position of the big rich. Here they had a goal and they focused. It is not difficult for a rich person to become rich, but for a poor to become rich he has to work tirelessly and strive.

1. Most tend to "look for the guilty" in their problems, but do nothing to change the situation. And when you tell them this, they instantly find 100,500 arguments why you shouldn’t even start trying to change something Smiley And they continue to “sit and wait” for someone to change their life (government / employer / friend / Martians ....)
2. Yes, a rich man can take risks, but he risks essentially his entire fortune - and he really has where to "fall" - to be left without anything at one moment. What are the risks of a poor resident who has "nothing to lose"? What are the risks of the poor - if he starts to engage in self-development? Get new knowledge?

I will say one thing - nothing will change if you do nothing.

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March 25, 2023, 09:21:52 AM
 #189

According to me, the biggest difference between rich and poor is that a rich person tries to implement his plans while a poor may imagine but has no role in implementation. Another big difference is that the rich can take risks while the poor find it difficult to take risks. But many poor people today have come to the position of the big rich. Here they had a goal and they focused. It is not difficult for a rich person to become rich, but for a poor to become rich he has to work tirelessly and strive.
What do you mean when you say that many poor people have reached the positions of the rich, perhaps you mean that the standard of living in general has become higher? To some extent this is true, but I also want to say that the gap between the rich and the poor is also widening, big fortunes make even more money for many reasons.

The poor rarely plan their lives, they rarely set goals for themselves, and therefore it is difficult to achieve something if you do not know where you are going. But it's hard to do if you don't know how to do it, and even more so when it's hard to believe that it will give any results.

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March 25, 2023, 12:28:54 PM
 #190

rich people have the great advantage of having a lot of money, with that everything they need Is just having good ideas. I'll give you some examples: if a rich person thinks about starting to make sports bets, then that rich person can even afford to make a multibet bet with odds of @10.00 and put $100,000 to bet, in case of victory he he will win 1 million dollars, in case he loses, he will not miss the 100,000$, because he has many other businesses that will give him a profit of 100,000$ at the end of the day, he does not lose even losing 100,000$ in the game. so if the rich man had a fortune estimated at 500,000 million dollars, but he bet and lost 100,000$ in the casino, but the next day he made a profit of 200,000$ from his companies, the 500,000$ were not reduced because he lost in the casino, on the contrary the money his increased a lot

now look at the case of someone poor, takes 10$ and makes a multibet bet with odds of @10.00 and loses, he only had 10$ to bet, so he will have to spend a long time without betting and also thinking that he could have Once the $10 is taken and used in the real world, the feeling of guilt starts to plague the poor person, even though people say: just play with money you can afford to lose. this is only on paper, in practice many people don't do this, and the reason is quite simple: they want to win very fast. I just gave this example, but there are several other examples where we can see that the rich will always have many advantages

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March 25, 2023, 01:11:18 PM
 #191

Yes I agree with you "the rich get richer and the poor get poorer". If a person is born into a rich family then he can just be smart with his investments and make money this way. It is not so risky if he can invest in the right places.
Rich people also have savings and investments already. It is less work for them to have to do as they grow up. 
even when they are wrong in investing, they still have a lot of funds to invest. apart from that, I think the factor of a rich family also has insight into where a good investment place is. Some wealthy people in my area own several mining companies, and are not afraid to spend their money investing or building new businesses. that's why they are always quicker to see opportunities, and without hesitation to try these opportunities.
Meanwhile, the poor can get poorer when they choose the wrong place to invest. I've heard quite a lot that people get stressed when the bitcoin price drops, or when some scam crypto project scams them. sometimes they even go so far as to borrow money to invest more than they can repay.

 
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March 25, 2023, 02:46:39 PM
 #192

Yes I agree with you "the rich get richer and the poor get poorer". If a person is born into a rich family then he can just be smart with his investments and make money this way. It is not so risky if he can invest in the right places.
Rich people also have savings and investments already. It is less work for them to have to do as they grow up. 
even when they are wrong in investing, they still have a lot of funds to invest. apart from that, I think the factor of a rich family also has insight into where a good investment place is. Some wealthy people in my area own several mining companies, and are not afraid to spend their money investing or building new businesses. that's why they are always quicker to see opportunities, and without hesitation to try these opportunities.
Meanwhile, the poor can get poorer when they choose the wrong place to invest. I've heard quite a lot that people get stressed when the bitcoin price drops, or when some scam crypto project scams them. sometimes they even go so far as to borrow money to invest more than they can repay.


Both of you are correct. The rich are getting richer, and the poor have fewer opportunities than the rich, but that doesn't mean they won't have any chance to change their lives. There are poor people who start their businesses and achieve unexpected success, while rich people who sleep in victory can go bankrupt at any time. The opportunities for the poor are not many, but those who know how to take advantage can still become rich and can stand on par with other rich people.

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March 25, 2023, 05:52:39 PM
 #193

The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.
Today is the age of technology, where many rich people think investment is a factor for economic growth for them, poor people only think tomorrow where they have to get money to buy their living needs.

In the current era, fighting money with money can make money, the poor have no money to invest or stir up, that's why the poor don't experience development all the time.

To achieve success need capital / economy in the field that we want to do.

yes, I agree with this statement. being poor is actually not an option that a person has to choose but must face what has become a condition for him.
if only because of capital then it will be difficult for poor people to change their fate for the better, while rich people will easily do what they want because of the capital they have. investment will not apply to the poor because he only thinks about the needs of tomorrow let alone the benefits that can be achieved. surely it will not apply to the poor

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March 25, 2023, 06:08:14 PM
 #194

When you’re rich there’s a huge change you’re earning more than you’re spending so you have lots of extra money that can be put into businesses or investments meanwhile the poor struggle to even have ends meet because they need way more than they earn. If a rich person gets money, he’s just richer but if a poor person gets money, he’s just gonna use it to pay for bills, debts and etc.

Poor people are people who need to have a way of thinking to be rich other than just fulfilling their daily needs through the amount of income they get. Meanwhile, a person who is already rich is a poor person who has been successful with his own mindset when he was still poor and when he was rich, of course he will think about many things to be able to make more money through several sectors.

So do not be surprised if there are rich people who continue to invest and run their businesses to keep themselves rich so they don't fall into poverty like before. And those who are still poor, of course, still have to struggle with time to continue to make more money so they can set it aside for investment, even though they have to start with very small numbers.

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March 28, 2023, 10:35:40 AM
 #195

When you’re rich there’s a huge change you’re earning more than you’re spending so you have lots of extra money that can be put into businesses or investments meanwhile the poor struggle to even have ends meet because they need way more than they earn. If a rich person gets money, he’s just richer but if a poor person gets money, he’s just gonna use it to pay for bills, debts and etc.

Poor people are people who need to have a way of thinking to be rich other than just fulfilling their daily needs through the amount of income they get. Meanwhile, a person who is already rich is a poor person who has been successful with his own mindset when he was still poor and when he was rich, of course he will think about many things to be able to make more money through several sectors.

So do not be surprised if there are rich people who continue to invest and run their businesses to keep themselves rich so they don't fall into poverty like before. And those who are still poor, of course, still have to struggle with time to continue to make more money so they can set it aside for investment, even though they have to start with very small numbers.

Checking mental poverty is very simple: take a person who, for example, earns 300-400 dollars a month and ask the question: how much do you want to EARN per month? And specify what not to RECEIVE and EARN.
If a person says something from the area of "500-700" - this is mental poverty. Because he evaluates the world in terms of satisfying the most primitive needs and does not think about global change. And if he says - "in 2-3 years I want to reach 3000-5000 dollars, but I have to work and then study, I still want to learn 1-2 foreign languages, 1 programming language, ..." - this is the person maybe from a poor country / city / region / family - but he knows what he wants, he will do everything to achieve his goals, and he is already rich!

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March 28, 2023, 10:42:13 AM
 #196

It is easy for the rich to succeed but it is very difficult for the poor to succeed. The success of rich people is very close to what they start doing. But those who are poor have to start from the very beginning, every step to achieve success for the poor is very difficult, they have to push each step. But the poor can also become rich and indomitable will can take people to any height. Many people regret being born in a poor family that they will not be able to achieve success in life, I would like to say to them, never lose your will power, always create a stubbornness in your mind that one day I also have to be successful. You will only succeed if you have a strong will and if you refuse to give up.
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March 28, 2023, 01:19:48 PM
 #197

This quote more understandable when you grow up. The rich have privilage they have many tools that they can use to get more money. The poor doesnt have anything they even struggle with their food. But, there is always chance remember quote the wheels keep turning.

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March 28, 2023, 03:02:44 PM
 #198

Poor and rich are things that complement each other, just like colors, if this world only consisted of 1 color, of course it would be boring, sometimes there were people who used to be poor but now they can become rich or vice versa, poor and rich is a law of life that will always exist.

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March 28, 2023, 08:21:05 PM
 #199

There are many reasons behind this because this is the law of our world where rich get more rich because they have money and they can invest in many things and can generate a lot of income from many sources and they get it increase and increase in money days by days and same case with Elon musk, Bill gates etc...
And other things that is poor has no money and no knowledge and also other such things and they have very less opportunities and thus there are very less chances that a poor man becomes rich and that ratio is very little considering that.
I do not agree with your statement, all the facts of life are not as you expected because the rich will not be eternally rich or vice versa that the poor will not be eternally poor in this world, throughout the journey of life until now that the wheel of life has always turned and some poor people have become rich because his hard work efforts have improved the economy for the better, life is very dynamic, so try to increase your finances until you are on the list of rich people, it will motivate other people to get the same opportunities.
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March 28, 2023, 08:39:22 PM
 #200

There are many reasons behind this because this is the law of our world where rich get more rich because they have money and they can invest in many things and can generate a lot of income from many sources and they get it increase and increase in money days by days and same case with Elon musk, Bill gates etc...
And other things that is poor has no money and no knowledge and also other such things and they have very less opportunities and thus there are very less chances that a poor man becomes rich and that ratio is very little considering that.
I do not agree with your statement, all the facts of life are not as you expected because the rich will not be eternally rich or vice versa that the poor will not be eternally poor in this world, throughout the journey of life until now that the wheel of life has always turned and some poor people have become rich because his hard work efforts have improved the economy for the better, life is very dynamic, so try to increase your finances until you are on the list of rich people, it will motivate other people to get the same opportunities.
But of course it would really be needing that hard work and determination and persverance and proper planning and financial handling on which you would really be needing these things for you to make yourself see
that you would be able to have that improvement.You cant really be able to have that progress if you do just wait and sit because thats not how someone should do if you are really that eager on changing up
your life when it comes to financial improvement which it would really be that understandable.Its true that it might not be that easy but its not impossible if you do just pursue on what you are aiming.
We are living on this world with having that inequality which we do really just accept our fate and its up to you on how you would be making yourself better.

R


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