In this video, we explore What Truly Separates the Rich From Poor. We discuss how to change your mindset when it comes to money, wealth, and success. If you're not happy with your current situation, it's time to change the way you think about these things. Everything begins with your thoughts and beliefs. So make sure you watch this video!
We look at the psychology of money and the different habits of the rich and the poor. By understanding these differences, we can begin to work on changing our own habits in order to achieve greater wealth.
Despite what you may have heard, the rich tend to stay rich, while the poor stay poorer. What precisely separates the rich from the poor? In this video, we'll explore psychological and behavioral principles that explain why some people are able to escape poverty, while others are stuck in it for life.
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📌00:00 What Truly Separates Rich From Poor📌
00:42 Mindset:
It's all about the mindset. Rich always focus on a positive attitude. Poor people lack a positive attitude. Poor is a mindset. It is a lack of hope.
01:50 Belief in Life
Rich people believe they create their lives. Poor people believe life happens to them.
02:27 Commitment:
Rich mindsets are committed to being rich. Poor mindsets are uncommitted to being rich.
03:40 Thinking Level:
Rich people think big. Poor people think small.
04:36 Investment:
Rich mindsets save, invest, and multiply. Poor mindsets splurge on materialistic things. Poor people have nothing to invest in.
05:21 Income Streams:
Rich people have multiple streams of income. Poor people have one stream of income – their job.
06:07 Risk tolerance:
Rich people take a risk; poor people don't.
06:45 Mass Media:
The rich do not take investing suggestions from mass media. Poor people do.
07:10 Trend:
The poor follow any trend. The rich go opposite to the trend.
07:44 Investing Tips:
The poor follow investing tips. The rich don't.
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What Truly Separates Rich From Poor
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