Page 15 - The Notice Board JULY AUGUST 2021 edition 69
P. 15

July-August, 2021                                                                            Page 15

        What are the things RICH people do that

                               POOR people don't do?
       ·      At  least  every  rich         people display their material         They see risk as something
          person had a plan and a            possessions  conspicuously            to avoid at all cost, because
          long-term, goal-oriented           for  everyone  to  see.  They         they're not willing to incur
          perspective of life. Poor          even display their money on           any loses whatsoever. They
          people  seek  instant              social  media,  magazines
          g r a t i f i c a t i o n ,        and newspapers.
          i n d u l g e n c e ,   a n d    ·     Rich  people  have  an
          personal-enjoyment.                open-minded,  idea-friendly
       ·      Rich  people  invest           mindset. Poor people have a
          their money first before           close-minded mentality, and
          spending it. Poor people           very skeptical to new ideas.
          save  their  money  after       ·      Rich people take a more
          spending most of it.               planned  and  investment-
       ·      Rich  people  invest           centric  approach.  They              s e e   l o s s   a s   a n
          much  of  their  time  and         prefer  to  worry  before             embarrassment,  bad  luck,
          money  on  personal                spending  as  opposed  to             and unacceptable.
          development.  Poor                 impulse  spending,  and  do
          people  spend  most  of            the math before they spend.        ·      Rich  people  have  an
          their  time  and  money            Poor people have a spending           entrepreneurial  mentality.
          b u y i n g   o r   d o i n g      mentality. They find it hard          They  see  life  as  an
          worthless things.                  to  overcome  the  urge  of           a d v e n t u r e   f u l l   o f
       ·      Rich  people  look             impulse  buying  on  any              opportunities  everywhere.
                                                                                   Poor  people  have  an
          forward to a lifetime of           fancy  stuff  they  come              employee  mental  attitude.
          financial  freedom.  Poor          across,  and  worry  about  it        They prefer the comfort of
          people  look  forward  to          later.                                e a r n i n g   a   m o n t h l y
          retirement.                     ·      Rich  people  take  a
                                             different  approach  to  life.        paycheck despite a grueling
                                             First, they don't want to be          9-to-5 job and a retirement
                                                                                   at  old  age,  rather  than  a
                                             seen to be rich. They prefer
                                             to remain more anonymous.             risky  entrepreneurial
                                             They  prefer  to  defer
                                             gratification for their future
                                             benefit  and  the  benefit  of
                                             their offspring. Poor people
                                             prefer to possess everything
                                             now. Even what they don't
                                             need.
                                          ·      Rich  people  have  a
                                             different  thought  pattern           journey  fraught  with
                                             and  approach  to  life. They         uncertainty and risk.
       ·      Rich  people  have  a          approach  risk  with  a            ·      Rich  people  have  a
          different outlook on life.         different  mentality  with  a         long-term vision and prefer
          To keep everything from            view to assess the amount of          to  grow  their  wealth  for
          the  prying  eye  of  the          risk  they're  willing  to  take      generations to come. Poor
          public, rich people prefer         vis-a-vis  the  return  they          people  have  a  short-term
          privacy  as  opposed  to           stand  to  gain.  Poor  people        mentality  to  wealth.  They
          conspicuousness.  Poor             approach  risk  differently.
                                                                                   want luxury and all the
                                                                                                       Continue on pg 16
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