What Do Rich People Have That The Poor Does Not Have Apart From Money? The rich has money which the poor does not have but aside that, there are other urbane possessions of the rich that the poor don't have and I will just write on10 of such. The rich has money because they have learnt how to make money flow to them effortlessly but the poor would never know or do that These other urbane possessions of the rich include: 1. Wealth Mindset The rich has learnt that his mindset is everything and thus he guards jealously never allowing weeds and negative thoughts to live therein and making every effort to avoid the victim mentality. But the poor has accepted his condition as his fate and thus makes no efforts to extricate himself from the poverty pool. 2. Personal and Financial Discipline The rich has taught himself both physical and financial discipline. He does not speak out of tune, he has a cultured mannerism, is often courteous and humble. He also...
How Much Money Is Enough?
Enough money is when you
can provide for your children and ensure that they live a safe and disciplined
life; it is also when you can use it to be happy and support others (friends in
need).
Of course, this is coming from the perspective of a 14-year-old.
But you have enough money when you don't have to hate your work.
In fact, 70% of the world
lacks sufficient funds; if it were up to me, the world would run on effort and
personality, where brains and effort are needed and money is provided as a
result of your efforts; however, the world is not perfect.
In fact, money isn't
required; people can work to build perfect houses, boats, quads, and other
items without it.
Everyone would live in a house and have boats if money didn't exist. This could be produced by computers that could be made freely and abundantly without money.
We wouldn't have to cut scientific funding due to a shortage of funds, and we'd be farther along.
Money is what holds us back and halts global growth.
If money did not exist, we could all live happy lives.
I realize this is a skewed response, but in this world, you can only make enough money if you don't have to worry about it.
The desire to compete, conquer, and manipulate people, on the other hand, is what destroys lives.
This world is tainted and unappealing, but that is why we are human.
And, despite what I've said, there are many joys in the world, such as love and good people.
Every individual is good, but the darkness we create causes them to be corrupted.
How much money is sufficient?
It depends on a variety of
factors, including your earning ability, position, and needs.
What kind of life do you want to live?
Do you want to start a
family or stay single?
Do you want to be a penny
pincher who lives a simple life, or do you want to buy the latest gadgets, a
nice car, jewelry, nice clothing, travel, eat at nice restaurants, and so on?
Bob Brinker, host of the nationally syndicated radio show Moneytalk, has coined the phrase "Critical Mass" to describe getting enough money.
His investment newsletter's tagline has been Leading You to The Land of Critical Mass since 1986.
Critical Mass is described by Bob Brinker as "a state of freedom from worry and anxiety about money as a result of the accumulation of assets that allow you to live your life as you wish without working if you choose not to work or working because you enjoy your work but don't need the income."
Simply put, the Land of Critical Mass is a place where people can achieve financial nirvana on their own terms.
There is no limit to what a man can do, so there is no limit to how much money he can make.
Any of our highest achievers can produce significant sums of money not because they are insecure with their current sum, but because the value they create and provide to others continues to increase their sum.
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Life is insatiable. Nothing is overtly complete. Life itself is a hollow and cannot be filled. So is the quest for money. No amount of money can be enough to carter for life's challenges, as such, one continues to fetch for money.
ReplyDeleteOf a truth, man has an insatiable appetite and this is fueled by the fact that we have a decree from the Almighty to "go ye and succeed"
DeleteSuccess in one field will sow the seed for an incursion into another field for success in that too.
However, if we can contain our tendency to be greedy and avaricious, then we can place a ceiling on how much we really need to live a good life.
I don't know why (it seems like) I'm the only one thinking that there's a concept of an "Enough Money" mentality experienced by some ultra wealthy people.
ReplyDeletePeople that are not just working to gather more money no matter the money they've got. In my thought, they're just doing what they do, they might like it or not but the money keeps coming and they ain't focused solely on the money like the average worker does.
Example of such people are Jeff Bezos (the richest man in the world). A journalist said If someone made $100,000 daily from the time of Jesus till now, such a person will not still be half the net worth of Jeff Bezos.
Submissively, I think humans truly love getting more and more money but there's a stage where that quest for more amassing of money isn't necessary. They just forget about the money accumulation and do their work (which they love) yet the money keeps coming.
Exactly
DeleteAt the point where a man is financially secure, he has established so many streams of income that he does not have to work again to make money, rather his money works for him and on daily basis money flows into his trunk of riches.
Not all men can get to that point though but as many as can are encouraged to try.