What REALLY Separates The Rich from The Poor - Rich vs Poor Mindset
The truth is there are two types of people in the world. Those that are successful and those that aren’t. Many factors contribute to the differences of the two classes of people but one that stands out the most is; mindset. Ever watched those crazy viral videos of monks defying gravity and raising themselves above ground? They use their minds to do the most unbelievable things that have been deemed impossible. The mind is a powerful tool, you can use it to either build or break you. Today we share the differences between the mindsets of poor a poor person and a rich person. Want to find out where you lie? Watch until the end.
#Rich #Mindset
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References: bit.ly/36IeoF6
Music: (Dreams) by Bensound.com
Practical Wisdom - Interesting Ideas
DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
Lots of good and real points in the video. Unfortunately there was no internet when I was young to tell me that marrying someone who is completely unable to think long term and has no goals in life would sink any possibility of building wealth. If you are young and reading this take notice... doesn’t matter how hard you work or how much money you make, if your partner has a poor mindset he or she will just spend every penny you make. Also if you happen to really love your partner you will neither leave or be able to stop them from doing what makes them happy... sad but true.
Wow some solid wisdom here. Thanks for sharing Das Luft!
Words
I'm planning to married in the next 8-10 years. I will find a partner who have rich mindset too. If I'm not find someone who has same mindset like me, i will delay my marriage. Thank a lot for the advice sir!
You are so right because I’m back to the basic of rebuilding my life because of love
Very true, you coudn't say this any better. This is very common.
Felt like i heard this 100 times already and that's a good thing this is the kind of repetition needed
Lets make it concrete.
I watch this video at least twice
I’m in between the middle trying to break completely out the poor mindset for good !
Hang in there. I have faith in you!
Don't "try" DO IT! DETERMINATION is a bad mother fucker!
*“It's not what you say out of your mouth that determines your life, it's what you whisper to yourself that has the most power” - Robert T. Kiyosaki*
🎉😢😢😮😢😮😢😢😮😢😅
I was born to be a successful entrepreneur if riches follow so be it but the mindset is a must
Not really, your long term actions determine if you succeed, not your birth status.
Yes, I believe there are differences that exist but speaking without taking into account other factors such access to resources, inheritances, connections, nepotism and etc. A lot assumptions about the lives of "poor" people. Rich people being honest and trustworthy so we not going to talk about the lies, bleeding of retirement accounts, moving money to offshore accounts, filing bankruptcy so you don't have to pay people, environmental harm, etc. Not every rich person fits this mold and not ever poor person fits the mold of doing anything for money even criminal activities. Education is key and helping to point people in the right direction is what is needed instead of assumptions.
Agree with your comments, Crystal.
I get what you mean but I think he means the "honest" rich do these thinks.
The poverty mindset on full display right there. Blaming "The System" keeps poor people poor.
@@mulekickhandmadeguitars8465 Poverty mindset is what you just displayed because there was no blame placed but an understanding of all components at play. However I get it, this is the only response you could have because it's everything that has been spoon fed to you. Don't examine a building for stability without considering looking at the very foundation it stands upon. Checking the windows to see why the building is swaying is beyond silly. Again, thank you I rather the poverty mindset then a limited mindset.
@@ceece4 I grew up in a level of poverty that was entirely unnecessary, due to the mindset of my parents. That is to say, we were poor, but we certainly didn't have to be. They aren't to blame. They just didn't know any better -- which is also the case for many others. Nothing has been "spoon-fed" to me, my friend. I learned from experience that the common denominator between poverty and prosperity, and success and failure, is a whole series of life choices you make. I merely chose prosperity.
How do you break from that poor mentality of overcoming fear, doubt, negative thoughts?....I was raised by an abusive father who would always put me down and would always criticized me for doing things wrong and call me useless and worthless for not doing anything right. As I got older even in my 20's I have been low in confidence and self esteem. And for that reason I can't seem to overcome those thoughts. In my mind I say one thing but my body reacts to those thoughts from the past. I know I'm supposed to let it go and tell myself that it's okay to make mistakes and be a risk taker but even then I'm still not confident and still have low self esteem.
@Felipe I'm sorry to hear about your past, but don't let it define you. I would suggest you start surrounding yourself with positive thinking. Start journaling, write down positive things about yourself, and where you want to be. Create goals too and start working on them, and read and consume positive content too (Books, podcasts etc)
I had it the same way too.. ,Just try to create boundaries with them whom you don't like, change your surrounding
Nofap is one of the most important keys in this kinde of problem
When you dig into your family history you will find the same pattern repeated many generations back. What is done to you, was done to your father and he re-lives the abuse the same way you do but you are still young and can reprogram your mind by listening daily to motivational speakers on youtube. You feed your body the nutrition it needs and when you don't you suffer, same thing happens with your mind so find yourself "mentors" like Tony Robbins, Bob Proctor, Muhammad Ali, The Rock or whomever you relate to and feed that to your mind every day. As an adult you get to decide if you're going to remain a victim of circumstances or if you'll become a survivor.
Wow, I’m the same exact way. And I agree with many things said down below. The family traditions of brainwashing will continue on unless someone is willing to break that chain. As difficult as it is to not become like those influences, we have to really try to not reflect our pain towards others. And never give up on ourselves. No matter how many times we fail and seem like nothing we try ever succeeds. Before we could compete in life, we have to compete with ourselves to overcome our flaws. A lot of the winning and rich mentality seems difficult when not filled with energy to overcome so much pain and defects. However we also have to be realistic and take it day-by-day. As I write this with weight on my shoulders and deep down I feel the low self esteem, let’s try to keep moving forward and working on ourselves. Don’t let those who are winning beside us make us feel insecure. Let’s be an example to others to overcome fears and depressions. We’re all in this together! ✊🏽
Our mindset about working for something that’s time bound is so profound that’s it’s hard to stop. This flywheel affect has gained so much momentum over generations that people need to work so hard just to stop thinking this way before they can make any considerable change in their lives.
Mindsets were vital factors that would determine the separation between the Rich & the Poor !
I think I'm fairly strong in point 5 - taking time to make a decision weighing pros and cons. For example, I wanted to buy a laptop computer in 2008. I did initially buy one, but after using it for a few days and finding it unsuitable for my needs, I returned it. I took a year to research just what kind of laptop I could use, returned to the same store I bought the first laptop from and bought a different one more suited for my needs. Plus the wait enabled me to save more money to buy a better laptop:).
Isn't that a consumer mentality? What if you found alternatives for the features that the first laptop didn't have, and invest the money from the second laptop? I think they meant making decisions to make more money, not so you can spend more money on consumer products 🤔 I guess if those features the second laptop had was essencial to making money then yeah
The separation between the Rich & the Poor would be equalled ( R = P ) if the mindsets of both parts were balanced !
Good video. I appreciate it. My only push back, is when you said, the poor mindset has a "shady character." Having the mindset of a poor person, doesn't mean, you are prone to being unethical, immoral, or criminal. Thanks for your post.
@Celtic Revival / Adfywiad Celtaidd No, it's 100% real! That's just where the problem lies, each individual has it's own perception of everything. It's the individual who are able to absorb knowledge, use it to their advantage and create some success as oppose to the one's who are to smart for their own good, critiquing and complaining about good content sharing. That's propaganda, you preventing someone else from learning. If you already have all the answers, then, STFU and allow someone else to learn.
Thank you. I was about to type the same thing.
Try starting by reading a newspaper & not the Sports Section First. Just being current on World Affairs give you an insight into the future.
Thank you so much for imparting valuable knowledge to the general benefit.
Wait, what? That reading stat shocked me. However, thinking about it, I am usually the only one with a book at work or on the train.
Books are over rated.
In this vedio, Got me alot of lessons To be Able to face any difficulties In lafe, I learn to be alone, and fineding opportunities instead of Making unproductive activities Like wasting time for waching tv,
I got out of my comfort zone during the pandemic and started a business with my daughter...best decision I ever made and I'm teaching my children life long lessons. There is always a way to make money and eventually you can achieve revolving income!
That's so awesome! Congrats! It's sad that to many people just don't chance stepping out of their comfort zones. Life is so much bigger and only really happens when you do.
@@UnleashYourInnerHustle I appreciate your comment! Your spot on! Life happens when you decide! ❤️
Thanks Wise info to think over!
I have 83% of rich mindset. Road to be a millionaires! I will come here 10 years later. See ya in 2030.
See ya.
Me too see ya 😁
It will be here before you know it. Good luck.
🔥🔥🔥🔥
Any progress? 😊
You got some of this From RICH DAD POOR DAD..
discipline and consistency even in the absence of motivation
Wow! Great video! Awesome insight
I’d like to say I am working on having a rich mindset
Watched until the fourth mindset, all assume that poor people have the option to invest, time to study etc disregards reality as well as structural factors & privilege
@@360ODYSY I think you're both on a different page on what poor means?
@@RevonM Rania lives in the real world where income inequality , socio-economics, low wages, and rising living costs are the driving force of poverty.
Thanks 😊
BRAVO!! SIMPLY PUT...BRAFUKNVO!!
I'm coming out with a motivational book, in November and the mindset is what matters the most. I think.
Make a decision to be successful right now. Most people never decide to be wealthy and that is why they retire poor. -BRIAN TRACY
With this pandemic,my mind just shifted to "Healthy mindset"poor or Rich, Corona is taking you out✌️
Watching and listening to your videos consider, learning?
What do you think? I say yes 😉
@@PracticalWisdom other topic can cause toxic to another person.. what if the rich man was treated by the world as a mere man for the useless cringed and society. nowadays it is very toxic and very rich because they are not satisfied with the things of the world
If this video made you think, yes it was.
Great video....so true!
Thanks for watching!
What separates them there mindset there vibration and how they use and share there energy .
nice vid thx 👍.
Yes, I agree with they say ,I see my and relates to poor mindset , looking forward for thinking with a growing g mindset. Thank you I needed that lesson.
The thing about the connections is super hard. Where I live there are no people like this :(((
Got to watch this again and focus on mindset #4
Well said sir
The world in general would be placed in the proper situation as the Education power would exceed the Monetary power !
So this doesn't cover income inequality, socio-economics, low wages, and rising costs of living? Seems like this targets and meant to demean the poor. Also the rich are rich because they take from their workers.
That's definitely going to be a minority opinion on here, but it's abundantly clear even from the video that the rich exploit the poor to make money off of them. This is a helpful video to see though, because the self-congratulatory attitude of it definitely shows why there are so many poor people.
I believe in personal wealth over public health.
Public health is more important then wealth without health there is no wealth
"The rich spends less than they invest the poor invest less than they spend". Stern Concept.
"To the rich investment is a way of life to the poor spending is a way of life ". those are the great words of Stern Concept.
Stern Concept? That Concept on Telegram is as wise as Solomon with a very strong strategy in bitcoin trading and profit making.
Wow Stern Concept ands her wise words.
its feels really nice to see that a name that has made great impact in your life has also made impact in another's life.
Wow ...Stern Concept? She is really wonderful in her work, she generates profit for me that I could pay my financial debts and my tuition fees in college.
All the rich started out as an employee first before becoming the employer
In other words it’s best to start from the bottom and make your way up. 👑
But they didn’t continue to work forever, that’s the point. They also didn’t put all of their time into working all the time so they can have time to build their wealth.
Only 11% of the world is truly wealthy, so u must understand that it WON'T be easy. That means you'll have to do what only 11% of the population is willing to do. Have hard sacrifices, delayed gratification, and extreme discipline. If it was easy, everyone would be rich. If u guys are reading this, I hope you achieve your goals of financial freedom!
I just spent an hour explaining to a co worker about inflation and how they losing purchasing power... in the end they just said interest concept, I'll think about it. I give up.
The short answer, Money!
Finding solutions
In Malaysia rich people they wear short pant ,wear slippers, t shirt and they got so many property’s and land. And the poor people they always want to act rich buy fancy clothes and cars but the bank account not more than 100k especially youngster!
Great video
Glad you enjoyed it
I am in need of a comfort zone because I don't take chances on hard earned money. I will look at more safer investing but smoking or drinking etc will never allow a person to save money. Buying label clothing or unneeded clothing or things won't let you save to do more with your money. Also people need to learn something new no matter their age. An attitude of thankfulness of what we do have helps a person enjoy and appreciate their life as well. But a lot of people don't want to realize these things unfortunately. I like your ideas by the way.
I used to be poor but now I am rich without the money!
All your video s talk about creating your own business but that's really hard you will a lot of stuff do like feed your family and kids so how do u plan yourself
i kinda made up my mindset thank god
This just confirms that I have a rich mindset
This video reminds me of the book: 'Rich Dad Poor Dad' 📖
Almost like they stole the content and monetized it
It's a great book!
Practical Wisdom - Interesting Ideas Thank you for sharing!
wealth creates wealth and poverty creates more poverty. Getting poor people into high education is whats going to change things in the long run.
I have a Rick mindset, and I'm working on my behaviors everyday,I'm not the same person I used to be, I"m in better health, the only that I think hurts is my love of wine, and cigars, but I'll get past that also, 🤪
The difference between the rich & the poor came in their degree of thinking !
Calcualated or calculated. Thanks
Good mind sets RICH & POOR 🤑
this is so judgemental and misinforming
I have a poor mindset. I want the money right now, today, and that leads me to be scammed.
Long term growth and wealth.
We are all guilty, none the less it should be about us all striving to get to where we want to be.
Love your video,its help me through a lot👍
Happy to hear that!
Mostly a rich mindset. But I still have some bad habits that I need to nix.
Only real thing that separates rich from poor is money.
Problems in america have millikns of views and yet this vid has less than 100k....this is whats wrong with america...great vid
lots of difference between poor mindset and rich Mindset, poor Mindset always scared to try. but rich Mindset is always trying until they succeed
please eval # 31 RCT tooth and treat as needed
Being rich looks good on paper, but it sounds exhausting 😅
Good video, thank u so much.
So nice of you, thanks!
I have a rich mindset
9:54
Thanks for the video. Your right about the mindsets of the rich and poor but I would have to say not all poor people and not all rich people have those mindsets. I grew up poor not by choice and because no guidance from my parents on how to build wealth I made poor choices that kept me in poverty. My grandfather god bless him taught me some fundamentals on saving but not investing.I did do a 401k so I have that but I didn't have the mindset I have today. It took time and pain and suffering to get this way. I am trying to wake people up too so they can build wealth. I haven't build wealth yet but I have long term goals I am working on. There are some wealthy people that got thier wealth from inheritance but most have built it over time. I plan to change mine.
I really like it I know I will become rich not soon but i will
See yourself rich and you will be.
Same
Factors include mindset, behavior and discipline that distinguish rich and poor.
Rich!
Great video and it's true but nobody ever talks about when the rich crap over the poor and do little things that get their goat then they separate themselves from their abuse
Well, I have shades of rich and poor mindset just like many people. It's all rational, rather than 0 or 1, I guess I'm at 0.85.
I have a dirt poor mindset
Mindsets would influence the sensation , degree of thinking , behaviour , life style & other related aspects that would separate the Rich & the Poor !
Always have a Rich Mindset and Invest in Thyself!😊✍📖📚✍😊☕☕☕
GETTING RICH IS INEVITABLE , I AM A MACHINE !!!
Yep, yep, yep, I'd rather have 1% of 100 people's efforts than 100% of my own.
Rich mindset with poor circumstances 💡 Anyone else in my bubble?
forget books. watch short videos and listen to audio
Here's a good question : I have no problem believing that Warren Buffett reads 5 hours per day, but what is he reading?
probably investing books and books related to growing wealth, business and maybe other peoples life experiences that he looks up to, idk
Love your content! Excited for your new video! Your work really inspired me to start my own channel
Glad to have inspired you. I too was inspired by someone! Lets do this!
@@PracticalWisdom all the best :)
It should be "Capitalist mindset"
Unless you are part of the 1%, there is no money to be made in socialism.
No lie I want to be rich but I don’t have that like full support from people or someone but only this one freind i have naked clarens he usually tells me to do this business thing with and we might get rich , i want to be rich but the life I live condones it only by 65% but now I u sweat and it way more ...
😍😍😍😍
My mind rich people
It’s hard to have a rich mind when everyone around you has a poor one
Do you have Rich or Poor mindset? Me: I think I have both.
85 years average on earth is a “blink of an eye” compared to eternity in the afterlife. The truly true rich are those who focus on life eternal. Just do right by each other on all the days of your earth life and you’ll be “richer” than anyone can ever imagine. Believe it. And no I’m not poor at all. Early retired. Saved. No debt. Act well. Fear God by following Jesus’ narrow path applying the fruits of the Holy Spirit. Believe.
YES. I'm gonna be rich.
One thing rich can not do live a life of a poor. And that's true. For example send a rich in a village take look at there faces. Poor still do hard work in one of bad time in covid 19 what rich do take there white hip on bed.
Lucky people. Luck
GOOD EVENING bro, I'm from the PHILIPPINES 🇵🇭 and just a simple guy, I LOVE YOUR SHOW, it helps me a lot, my mother TOLD me to study well, save money and be wise in spending, and I did, after my GRADUATION from a reputable university, just a simple student, I worked a lot then run our old family business, YES, I did invest, work harder and harder, enjoy life from time to time, a simple vacation and simple things such as riding a bicycle near my home makes me happy. I LET MONEY work for me, I REALIZED I AM hmmm ha ha ha comfortable with my life, I HAVE EVERYTHING AND I THANK GOD AND LOVE MY PARENTS for guiding me all these years. All I can say is I AM HAPPY, THANKS BRO, your video inspires me a lot, luv it!!! MABUHAY =) CHEERS 🍻
Open trying to save a make a small company of mining. And becoming inventor. And even in the stock market to. Even create things in the future. Look ahead of of 10 to 20 years And try to cut it in half at least 7 years or 6.😁😆
it really works our for me get my ex back
I can help you out
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1:00 where you get that from....me? Or trump. Said that 4 years ago
as if rich people don't drink and take drugs
"Diversify" but don't "TAX" yourself. Don't be a "D" whatever you do.