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 Is Money? Money serves three purposes: it serves as a store of value a unit of account and a medium of trade. Here are some characteristics of money, as well as an example of how to use various forms of money. Durability portability divisibility uniformity limited availability and acceptableness are all characteristics of currency. Let's look at two examples of different types of money: It's a donkey. Cattle have been used as currency at various times in history. The value of one cow is represented by a stack of twenty-dollar bills in the United States. Let's take a look at our list of qualities and see how they compare. 1. Durability . A cow is reasonably resilient, but a long ride to market puts the cow at risk of illness or death, lowering its value. Twenty-dollar bills are reasonably long-lasting and can be quickly replaced if they become damaged. Much better, a long drive to the store would not j...