@shiftingshares: The biggest difference between the wealthy and poor mindset

Michael | UK Stock Trader
Michael | UK Stock Trader
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Region: GB
Sunday 15 September 2024 15:22:56 GMT
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a_little_l
A_Little_L :
That is not the main difference. The main difference is inherited wealth. Far easier to make money with money. Don't believe the hype. X
2024-09-15 17:16:59
140
nanawolfey
Sara Wolfe :
Of course poor people are thinking of what they can buy as they have nothing whereas rich people have everything they need! Easy to tell poor people to spend better when they’re not thinking of where
2024-09-16 13:49:22
42
gonzo1o1
Gonzo Bastian :
rich spend like they're poor .. poor spend like they're rich
2024-09-17 12:02:38
25
fantasyforex
Mars. :
I remember as young teen, my father said to me. You will never make money working, only money makes money. Best bit of advice I ever got.
2024-09-15 15:37:05
19
pittiok
PiTTiok :
Vast majority of wealthy people start from having all those basic things like a decent car or a house and a good standard of living already covered. They can focus on accumulation of wealth.
2024-09-17 22:12:19
7
eckky1
eckky1 :
Shout out to Rich Dad Poor Dad for that one
2024-09-17 12:23:26
7
craig.ev
craigae :
You have to admit there is a certain amount of money that is useless in the asset game. A “poor” person is not getting a BTL on a £20 monthly pay rise
2024-09-15 16:48:02
5
al10mac
Ali :
i used to be poor. pub every weekend, smoking, car finannce, designer clothes. stopped it all at 23, started a business at 25 and now worth 6 figures. seen the light early enough thankfully.
2024-09-15 21:45:44
3
barrygarbutt1969
Barry Garbutt :
I am happy in my job and I make enough money to live on but the government keeps making it impossible for people to live a normal life that’s what most people think about and not how to become rich
2024-09-17 10:07:29
3
huckleberryfat
huckleberryfat :
Good lord, all my money goes on bills.. nothing is left for toys, cars, haircuts, luxury items, it’s all gone…
2024-09-17 10:29:43
3
axiom.3.142
Axel Red :
Yes this ties in with something I read recently. Buy assets but rent liabilities such as cars.
2024-09-15 15:40:07
2
dingbatbell1986
dingbatbell1986 :
Reminds me of the guy that was cooking fish on the beach. Guys comes over and says you could sell that food, grow the business then you could sell the business, you’ll have money to sit on the beach..
2024-09-18 12:41:42
2
user4152558162393
no :
poor people spend. medium income borrow, mortgages, car finance etc. Rich people invest. This has long been known by economists.
2024-09-16 21:43:34
2
hiheness
Chan hen :
So poor people enjoy life and rich people are ruled by money. No prizes for being the wealthiest in the graveyard.
2024-09-16 16:44:16
2
kims_12th_husband
kims_12th_husband :
Instant vs delayed gratification
2024-09-26 23:21:29
2
paulq564
paulq564 :
amount of money
2024-09-16 12:05:05
2
f25df7
J25 :
Wealthy pay solicitors, architects, accountants etc to make them more money. Wealth buys others time .
2024-09-16 12:04:13
2
dakingavenue
Dakingavenue :
I bought a second-hand Car from savings for 5k. Then I immediately started saving for another second-hand car 8 years down the line, when that one died. Never buy anything on credit.
2024-09-16 19:11:25
1
lozzylola
Loz :
Totally agree on this.
2024-09-19 12:44:45
1
onlylivinggirlinnewyork
user1369514237296 :
R u ok
2024-09-16 09:01:36
1
turkey7073
joe 1964 :
I'm old school& there used to be a saying all is wealth is on his back & feet wheras rich people seem to keep some stashed for a rainy day 🌧🌧🤑🤑🤑
2024-09-16 17:07:01
1
ancomm
John Hicks :
Poor people don’t have enough money to buy assets!!! This is where you detached from reality to the point of psychosis
2024-09-16 09:10:01
1
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