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 Financial Literacy and What Do You Need To Know About It? You've probably come across the word financial literacy if you've spent some time reading about education or financial news recently. The aim of financial literacy education is to help people gain a better understanding of basic financial concepts so that they can better manage their money. That’s a worthy goal, especially when you consider a few statistics about how the typical Nigerian handles money: Nearly four out of every five Nigerian workers live paycheck to paycheck. Over a quarter never save any money from month to month. Almost 75% are in some form of debt, and most assume they always will be. Ouch! With those numbers, it’s no surprise that leaders in business, education and government want to help spread the benefits of greater financial literacy to as many people as possible. Indeed, lawmakers in the United States were so concerned about this that in 2004, the Senate pa...