Leaning To Be Rich Is Possible

Posted: under Business and Management.

With our basic education system like the schools, do you realize the ubjects covered there for us to face the world? Topics like mathematics, geography, languages, science, history, moral studies, religion are among others and they are important for us to to know so that we can blend into the society well enough. But lessons taught are mostly (or all the time) concentrated on the theories, principles and/or basics which are hardly in consonance with the real world that we’re living or to be applied in real life.

When we grow up, we start to learn about creating wealth to fill in the gap in our life and we realize that there is not a single course in our education system which covers this very important subject (or if they have, it’s very minimal compare to what adults truly need). You’ll start to learn about how to create wealth when you’re not in school anymore.

We used to hear the expression: “Live within your means.” Nowadays, we need to correct this expression by changing “within” to “below.”

These days, if we work for somebody or for a corporation, we need to set aside some savings which we can use for a “rainy day.” There is never enough savings. That is why we sometimes find a second job. And this is the reason why we want to improve our lives financially, by getting off the “rat race” and achieving financial freedom.

To get off the “rat race”, it’s just like driving a car, you signal your intention. You send a signal to your brain so that your mindset will start to function on thoughts leaving the “rat race”

Let’s look at how a poor person thinks compared to the way a rich person thinks. Knowing the differences helps to open up your perception to the way your mind works. This also prepares or conditions your mind to have an in-depth understanding of financial issues.

The poor work for money. The rich make money work for them. Literally translated, the poor work to gain money in exchange for their services, to pay for bills and all the other expenses. The rich use money to earn money by investing and/or going into business. They employ the services of other people so they do not necessarily have to be physically present to maintain their business. This gives them more free time to engage in other moneymaking ventures.

The poor think that the love of money is the root of all evil that is why they choose to remain poor. The rich think that the lack of money is the root of all evil, that is why they strive to create wealth.

The poor and middle class buy their personal things like clothing and household furnishing readymade. The rich buy them made-to-order. Items that are made-to-order are usually more expensive because they are unique or one-of-a-kind, giving the rich more options, choices, and advantages.

The poor would advice their children to study hard so that the children can find a good company to work for when schooling is finished. The rich would advice their children to study hard so that their children can build a good company or find a good company to buy.

The excuse of the poor why they are poor is because they are supporting their families, so expenses are high. The rich are motivated to be wealthy because they are supporting their families, striving to earn more. Many men and women cringe when it comes to taking risk with money especially the less wealthy ones. The rich will find ways to control and manage this risk.

On the issue of reaching retirement age, the poor depend on a company or the government taking care of their needs or pension. The rich prefer financial self-reliance.

The poor can afford to save a few dollars. The rich can afford to make investments to increase their wealth.

The poor would compose impressive resumes to find good jobs. The wealthy people would come up with great business plans to create employments for others.

The poor would say that money does not interest them. The rich would say that money is power.

We can see that there are lots of differences in thinking attitudes between the poor and the rich. Often times, the directions of thinking are opposite each other. How the mind works determines the person. It is unfortunate though that more people choose the easier way to think, which is the way the poor think; hence the higher percentage of people are in the poor and middle class. But there is always the chance to improve, for as long as the mind is willing.

However, when you are willing to work for your own self improvement, to elevate yourself from being poor to being wealthy, is not enough and will not materialize if it is not coupled with action, the final and most important determinant to turn a poor person into a rich one. Not just any action but intelligent, decisive, fearless action.

Learn to gain more knowledge. Learn to be updated and leave to experience what is antiquated. Learning is to keep pace with the latest technology and information. Since learning or knowledge is power, it follows that information is power. And if we have power on hand, we have access to wealth. So it makes sense that information nowadays is vital to creating wealth. The more updated you are, the better your chances of making more money.

Acquiring of knowledge cannot be simpler in this age of the internet. Just Google even the most obscure subject and you are likely to find a site for it. As such, there is no excuse to not learn. It’s the only way we can rise above our levels.

Success only happens when you are working for your own well being because doing it for others will ensure that you sabotage your own success. We have two recommendations for you — to learn about success, we recommend The Success Principle and for financial wealth, go for Cash In A Flash.

Comments (0) Jan 07 2010