Some people are poor but live with a rich mind, while others are rich yet live with a poor mindset. Poverty compounded costs, and wealth compounded profits. All of them operate on the principle of compound interest. Poverty costs a lot. So, what’s the difference between a rich mind and a poor mind? Their attitude toward time varies significantly. Not everyone, but when a poor person suddenly becomes rich, they still pay the cost of poverty. The most common form is installments. Thus, even if people are rich, they often live with a poor mindset, sometimes thinking of it as savings. Even if you are poor, you can live with a rich mind, which increases your chances of getting wealthy. Debt pulls the future into the present. Drawing the future ahead of time makes people slaves. They say they are slaves of money, but in reality, they are slaves of time. If you gradually change the habit of bringing future time into the present, your attitude will shift, and your behavior will change. We want...
The poorer persons are, the more likely they are to consider the system they are in, not their abilities or character. The poor are more likely to choose to live in ways that make them poorer. It's not because they're stupid, it's because the system they're in leads them to make those choices. Rutker Bregman, a Dutch historian and author, says that everyone is forced to make such decisions when they are placed in this environment. The way out of this system is to change your worldview. Poverty is a state of being, not an outcome. - Joseph's "just my thoughts"