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Seven Things Poor People Do That the Rich Don’t
Jul 9, 2024
Seven Things Poor People Do That the Rich Don't
1. Poor People Watch TV, Rich People Read Books
Evaluate time spent watching TV vs. reading books.
Consider the number of books read per year as a measure of personal development.
2. Poor People Get Paid Based on Time, Rich People Get Paid Based on Results
Example: Working at McDonald's - value is not based on time but results.
Rich people create and perfect products; payment based on performance and results.
High-paid athletes are compensated based on performance, not practice time.
3. Poor People Blame Others for Misfortunes, Rich People Take Responsibility
Poor people: blame economy, government, boss, job, etc.
Rich people: take responsibility for their own failures.
Taking responsibility empowers change and improvement.
Motto: "Lame people blame people."
4. Poor People Focus on Saving, Rich People Focus on Investing
Examples of saving: avoiding Starbucks, flying economy.
Saving a few dollars versus needing to earn and invest more money.
Emphasis on having an income problem, not a saving problem.
5. Poor People Think They Know It All, Rich People Continuously Learn
Poor people: opinionated on various topics like politics, sports, government.
Rich people: remain humble, always willing to learn and ask questions.
Continuous learning is key; income and wealth grow as fast as personal development.
6. Poor People Believe Money is the Root of All Evil, Rich People Believe Poverty is the Root of All Evil
Common saying: "Money is the root of all evil."
Counterview: Lack of money is the real issue, leading to crime and other problems.
Money is neutral; it can be used for good or evil based on individual actions.
7. Poor People Have Lottery Mentality, Rich People Have Action Mentality
Poor people: hope to get rich by winning the lottery.
Rich people: take action, believe in making their own success.
Emphasis on self-reliance and action over chance or luck.
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