गरीब VS अमीर| 3 MAIN DIFFERENCE BETWEEN RICH AND POOR | THIS WILL CHANGE YOUR LIFE COMPLETELY |
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Rich people think differently. They look at money differently and they work differently. They do their investments differently and they live differently from how the poor people do. It's all about the mindset they have and the lessons they learn about money from other rich people.
In this video, I talk about 3 differences between the mindset of the rich and the poor and how it changes the course of their life.
Intro: The rich consume their income i.e. their dividends and the poor people consumes their capital. As a result, the poor are left to work for money forever and financial freedom remains a lifelong dream.
Sadly, topics like stock market investing, dividend investing, personal finance, and financial independence are not taught in school. As a result, people are left to work for money until they are 65.
Lesson 1)
The Rich Value their asset. And the biggest asset is your mind. So the rich invest in their mind continuously.
Lesson 2)
Rich People make investments, poor people make excuses. Such as, I'll start investing when I have more money, or I need to buy a house first, etc.
Lesson 3)
Rich People focus on the hidden value they can provide and their mindset. Poor people always focus on money, such as how and where they can earn a few more by working extra.
More details will be covered in future videos.
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