Why Rich are Getting Richer and Poor are getting Poorer

Why Rich are Getting Richer and Poor are getting Poorer

 

Since your childhood in Bollywood and general life, we have seen Rich is getting Richer and Poor getting Poorer.

Sometimes I used to think – why this is generally happens like this only. Then after some thinking I realized that Bollywood movie is the reflection of large population of society i.e. how they work, think and act in their personal and society.

Then this brought me to another thought it is also about the way people think and act on their thinking. Most of the people or I would say nearly 95%-98% population in this world don’t think in the direction of growth and those who think they don’t act accordingly.

Rich people and Poor People have two different extremes of population in our society. Only small percentage of population falls in rich or super rich category.

I have seen many people even after learning for many years, attaining college, professional degrees, don’t lead a luxury life. At prima facie seeing their life, cars, house– you might feel these people are rich, however on the contrary they were just meeting their needs and busy paying bills and debt.

Recently I was listening the audio book – Rich Dad and Poor Dad by Robert Kiyosaki, which I found very interesting and worth sharing some of the points here. So whatever you are going to read here is mostly thoughts and ideas that pushed me to share this information with all of you in my own words.

Rich people are rich because of the way they think and act, on events and situations happening around them, while poor thought is the first thing to make Poor more poorer. This article doesn’t says who is right or who is wrong, it only talks about how Rich becomes richer and Poor becomes poorer.

Following comparison is the quick thought – which will provoke you also to change your thought too and may help you become rich and richer too:-

 

1.   Poor man mentality teaches their kids to learn in school and college to get ready for good job and work for a good company, while Rich man would look to teach their kids to build businesses and create job or learn to takeover business.

 

2.   Poor person will say if I have worked for 20-25 years for the organization, I deserve retirement fund and will look for lazy solutions, while Rich will look for financial independence and would not look for dependence options controlled by others, government.

 

3.   Poor man thinks rich people should pay more taxes to support the under privileges and Rich people think paying taxes is like a punishment to produce more and giving to those who don’t make good amount of effort

 

4.   Poor Man thinks I can’t become rich because I have lot of responsibilities, kids and family which eventually becomes his reality, Rich man thinks and acts for phrase- I should be rich because I need to meet their needs.

 

5.   Poor Man mentality says- Love for Money is the only reason for all problems, Rich Man believes Lack of Money is the only reason for all problems.

 

6.   Poor mentality person –explains why he can’t afford, this shows Lazy attitude, while Rich mentality person says and find answer to how I can afford and teaches to kids too.

 

7.   Poor Person may say- do not discuss money at the table of dinner or lunch, Rich person encourage discussing topics like money making life easier.

 

8. Do you think your house is the biggest asset and largest Investment – then you could be in trouble says rich mentality person who thinks it is a liability.

 

9.   Money is not important to poor people is what he will repeat, Rich person mentality says Money is Power.

 

10. Poor teaches how to earn money, Rich person tells how money should earn for you.

 

11. Rich mentality person will say – considering yourself as poor is eternal while broken is a temporary which means rich person says he will not be poor always.

 

What will make you Rich then?

 

Money is Powerful but more than this knowledge of making money is more powerful. This could also be called as look for Financial Intelligence and not only academic, or professional knowledge, because this will help you and your kids, family lead much comfortable life.

Most people only talk and don’t do anything about it. People who are rich doesn’t mean they never failed, they failed but they never give up. They working on making their mental health strong, because strong mind leads to strong bank balance.

Don’t get pushed by life, rather look to win then looking for reasons to loose, learn to take risk.

Going to school or college is important to learn specific skill, so that they can contribute to their livelihood and society. However, lot of people consider this as last step to earn money while very few think this first step.

Lesson # 1- Rich don’t work for money

When you are young or have time, don’t waste your time to serve and earning money only, invest your time to learn how people make money. Some employee working with an employer never ask how he is making money or managing risk in his business and employee etc. All they ask is how they can get appraisal, do their job only etc.

Everyone wants to change others, don’t want to change themselves which is far easier and quit jobs searching for better paying job or better manager thinking this will solve the problem.

Learn how to have money work for you and not to quit when you fail.

Don’t become slave to MONEY and your pay cycles. If you choose to work for money then life will become terrible and this is how most of the employee feels when they see their checks.

Government takes revenue from you in the form of taxes, and it is poor people who have to pay more than those who make more and they become richer.

 

Lesson # 2- Learn to control your desire and stay away from this trap

Don’t become slave of your desire, fear to loose money, because lot of people who are rich are more concerned and worried to maintain their status and they become part of this trap and work harder and harder to maintain their current status of life.

Learning to have ignorance also is important so that you don’t become part of trap created by emotions, fear of not able to pay bills, or desires, greed because with money increasing desire will also start increasing with a big speed leading to unwanted spending.

Choosing our thought is very important to become rich, instead getting driven by emotions is important rather than reacting to your fear, money or job loss.

Lesson # 3- Learn to work for your dream for free

When you work for a fixed monthly or weekly salary, you become slave of that frequency and amount you are expecting and you would like to work only for that amount. Waking up in the middle of night you have to pay bills, is terrified situation, don’t let money run your life.

Sometimes working for free dedicatedly will help you learn the business and work better and will open up your mind for all other different avenues of business too. Because then you will see opportunities what others can’t see.

Job is always a short term answer for long term problems discussed above.

Conclusion

Friends, there is a lot to learn on this topic, however to conclude for now-please understand to become rich the first thing you have to do is learn to have financial intelligence, change the way you think about money, you want to work for paycheck given every month or look for much bigger picture. Take steps to learn how money will work for you instead you working for money.

Do let me know about your experience reading this article by commenting below and if you liked this information, don’t forget to hare the article with your friends and loved one.