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...
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 spends his money wisely but in contrast, the poor is always loquacious
and avaricious, spending whatever little money that comes into his hands and
always getting into debts.
3. The Rich Has Different Agenda From The Poor
The
rich believes that life is to be lived and not managed and thus they have the
agenda to create the life they want to enjoy. Their sole agenda is to be as
happy as they can be while they still are alive, this gives them the impetus to
invest in people. But the poor believes that their God put them in that
condition and thus they cannot do anything about it. Their own agenda is to
keep surviving for as long as they can afford.
4. Risk Taking
The
rich understands that without risk taking, there could be no profit so he goes
into it head-on though not without doing his own due diligence but the poor is
averse to risk taking. He is comfortable with his state and does not want to
jeopardize the little that he has.
5. Opportunity
The
rich has trained himself to recognize challenges as opportunities that could
turn their life around and so they do not hesitate to ask themselves - how can
I turn this obstacle into an objective that could serve many more people? They recognize that in solving the
pain points of people, they give out value and receive monetary rewards from there.
But the poor, they are cowed by challenges and obstacles and thus are unable to
see any opportunities.
6. The Rich Has A Different Perspective To Life Than The Poor
The
rich sees life as a journey to enjoy as many experiences as they can tuck under
their belts and thus they are inquisitive and curious and very adventurous. They
know that without failure, there can be no success, infact the rich who has
gathered great wealth has also failed so many times but each time he fell, he
rose up again to continue the journey because he knows that there is light at
the end of the tunnel - so he has no retreat, no surrender as his mantra but the
poor does not want to experience failure and as soon as he fails once he throws
in the towel and kisses the opportunity good bye.
7. Managing Time
The
rich is very adept at time and personal management. They understand the maxim
that time is money and they go to great extents to maximize their time. They create
to do lists and adhere to them which enables them to function optimally. They
do have fun times too but they are blocked time that nothing else can take away
from them. The poor on the other hand does not respect their time. They indulge
in time wasting activities like gossiping, drinking in loud places and all
that, not recognizing the fact that time is a perishable commodity and that
once it's gone, there is no calling it back.
8. Hard Work
The
rich works extremely hard to ensure that they keep making money, however they
combine their hard work with smart work by leveraging and using the power of
compounding to grow their wealth. The
poor works at hard labour believing same to be hard work and hoping that they
can make it to easy life
9. Savings & Investing
The
rich knows that saving is the means of getting rich and that when the amount saved
is invested in profitable ventures, multiple streams of income can be launched.
The poor thinks that he does not have enough and so saving and investing are
not his options and sometimes when he is convinced to start saving, he leaves
the money in the bank to be eaten up by inflation.
10. Extending Charitable Hands
The
rich has learnt that to receive, you first must have to give and so they spare
no efforts in reaching out to other persons no so priviledged as they are. Such
reaching out saves them hundreds of thousands of dollars in tax rebates which
allows them to have more money to give away. The poor thinks that because he
has no money, he must always be at the receiving end.
These are the 10 urbane possessions which the rich have but the poor does not have.
Do you think I have missed out anyone?
Drop
yours as a comment down below and we shall add it up
Great day to you
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Wealth
Is Earned Blog is owned by Topitup Media And Communication Nigeria whose Team
Head is Dr. Jerry - the First Oguzie: JP
At Wealth Is Earned Blog, we believe that being wealthy is a choice just as being poor irrespective of the circumstance and situation and it all streams from the mindset. Throw 2 men into the same gutter, the one with the wealth mindset will make it to the top while the one with the poverty mindset would be there and groveling with other inhabitants of the gutter - it is a mindset thing. God has given you the POWER to make wealth, it is your ABILITY to APPROPRATE what God has given you that makes the difference and it is wholly and entirely dependent on you
About Dr. Jerry - the First Oguzie: JP
Dr. Jerry - the First Oguzie is a Physician, an Author, a Writer, Thinker, Founder, Convener and Success Coaching addict. He is passionate about helping people become the best versions of themselves through coaching, mentoring, teaching, enlightening and enhancing their self worth. And the Platform he uses to reach out to people is his Ministry of Encouragement (MoE). He has deep interests in Personal Development including mindset reset and habit change, Personal Finance, Wealth Creation, Health and Fitness. He believes that financial knowledge (literacy) combined with self - discipline is the key to achieving financial freedom.
He is the author of The Practical Steps To Total Financial Freedom -
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This is details and spoken in the language of the rich. It's comprehensive and adept. I learnt every bit of it and it sank in. Thanks Dr, I appreciate.
ReplyDeleteGood to read from you.
DeleteWe do what we do so that people can help themselves
A very informative article.
ReplyDeleteThe points you enumerated are germane and quite educating. I do not think that you missed anything but to add that PATIENCE is another quality that the Rich has that is lacking in the poor. The poor is always in haste to acquire things without due diligence which makes him to unnecessarily lose money. THANKS !
ReplyDeleteI agree with you completely
DeleteKELLY
ReplyDeleteThis is really deep. However, pls permit me to add:
* GOALS/TARGETS SETTING
The rich sets goals & targets for themselves with timelines. This makes them focus, determined and committed to the achievement of such goals/targets as at the set time and sometimes before the time. Lack of set goals/targets with timelines can make you achieve in 20months what you ought to achieve in 3months.
Great addition
Deletethanks Pastor Kelly