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The Hidden Psychology behind “Poor” People’s Mindset

Have you noticed how some people seem to have everything they need to be successful: right knowledge, good looks, family connections and starting capital and yet they fail miserably? While others who do not seem to be that smart or that outgoing become successful against all the odds? The true reason behind success and material wealth is not the resources that you have; it is the way you think, talk and act!

Usually after talking with a person for 15 minutes you can already tell if they will achieve the great heights of turning money-making into a never-ending struggle.

Poor people generally talk about:

• Their problems and all the injustices ever done to them

• Discuss banal reality shows, latest “news” and negative events that they have no control over

• Gossip about other people – what is wrong with them

• Blame everything and everyone for their misfortunes

• Complain about their lazy spouses, ungrateful kids, stupid boss, and controlling parents

• Have strong prejudices against other social groups (usually this includes wealthier and more successful people, people of other nationalities and other religions)

• Brag about all the good things that they have ever done for someone else

• Invest in things that bring instant gratification, without thinking about the consequences.

Wealthy or wealthy-to-be people talk about:

• New theories and skills that they are learning

• Investment ideas and strategies

• People who inspire and guide them

• Positive events that have happened in their life

• Activities and things that motivate them

• Their long-term goals

Poor people believe that:

• Having a lot of money will make them happy

• Wealthy people have more money, and therefore they must share that money with the less fortunate – THEM!

• Success is a natural result of “getting lucky”, not working hard towards your dreams

• Self-help programs and books are just rip offs, because if someone wants to help you, they should give you all the information for free. (But if information is free, it is perceived as not valuable enough).

• Quick-fix solutions are the best ones!

• They already “have it all figured out” and their opinion is the only right one.

Wealthy people believe that:

• Creating strong relationships will make them happy

• Money is just a tool to achieve higher goals and help others in need

• Wealth is a result of constant self-improvement and hard work

• Investments in education and knowledge always pay off

• Quick-fix solutions do not bring long-lasting results.

• They do not know everything and are opened to new ideas, suggestions and different opinions

Poor people:

• Are careless with their money and spend it on things that make them feel important or that bring immediate satisfaction (new car, huge satellite dish, alcohol, cigarettes, and entertainment)

• Rely on their credit card in cases of emergency

• Do not take good care of their health (eat junk food, do not exercise, do nothing about changing bad habits)

• Spend most of their free time watching TV

• Passively react to everything that happens in their life

• View obstacles as something that are beyond their control

• Perceive failure as evidence of their inadequacy and “bad luck”

• Get an adrenaline rush out of watching horror movies and doing “stupid” things

• Are very creative when it comes to making up excuses

• Respond aggressively to any type of critique

Wealthy people:

• Invest money in assets that over time increase in value

• Put aside a certain amount of money on a monthly basis in order not to rely on credit cards in cases of emergency

• Take good care of their health (eat organic food, exercise regularly, make regular medical check-ups)

• Spend their free time doing something fun with their family or reading books

• Take pro-active steps to make their life better in the future

• Perceive failure as an opportunity to learn valuable lessons and test their ideas

• Get an adrenaline rush out of starting new projects and applying new concepts

• Are very creative when it comes to finding solutions to the problems that they are facing

• View critique as a feedback

Of course, you can say that wealthy people do all these things, because they ALREADY have money. Therefore, they can afford to eat better food, invest in educating themselves and put money away for the rainy day, while “poor” poor people are forced to eat fast food, because it is cheap, and rely on a credit card to make payments, because they simply do not have any savings. Maybe it is true. But maybe it is just another excuse…

It seems to me that it is more probable that wealth is a result of the right mindset, proactive thinking and long-term planning. Not that proactive thinking and long-term planning is a result of wealth.

What do you think?

poor people mentality 300x290 The Hidden Psychology behind “Poor” People’s Mindset Have you noticed how some people seem to have everything they need to be successful: right knowledge, good looks, family connections and starting capital and yet they fail miserably? While others who do not seem to be that smart or that outgoing become successful against all the odds? The true reason behind success and material wealth is not the resources that you have; it is the way you think, talk and act!

Usually after talking with a person for 15 minutes you can already tell if they will achieve the great heights of turning money-making into a never-ending struggle.

Poor people generally talk about:

Their problems and all the injustices ever done to them
Discuss banal reality shows, latest “news” and negative events that they have no control over
Gossip about other people – what is wrong with them
Blame everything and everyone for their misfortunes
Complain about their lazy spouses, ungrateful kids, stupid boss, and controlling parents
Have strong prejudices against other social groups (usually this includes wealthier and more successful people, people of other nationalities and other religions)
Brag about all the good things that they have ever done for someone else
Invest in things that bring instant gratification, without thinking about the consequences.

Wealthy or wealthy-to-be people talk about:

New theories and skills that they are learning
Investment ideas and strategies
People who inspire and guide them
Positive events that have happened in their life
Activities and things that motivate them
Their long-term goals

(more…)

Tags: become successful, improve finances, money, overcoming financial difficulties, reasons of poverty, successful mindset
Posted in Financial Abundance, Positive Thinking | 32 Comments »

A Missing Piece Of Your Financial Success

I am sure you will agree with me that not having money does not feel good. The agony of struggling financially is something most of us have faced at some point of our life.

I still remember the time when I was completely broke. I will never forget the feeling, when I saw all the beautiful things that I really wanted to buy, but could not because the answer was always the same, “I can’t afford it!” Whenever I entered a grocery store my eyes would automatically start searching for discounted products, while my mind was racing, adding up those pennies to see if I had enough cash to buy them. I did my best at managing my budget, but my bills were still piling up and I got deeper into debt every month.

Of course, money will not buy you happiness, but let’s face it – it makes our life a lot easier.

If you are tired of not having money or just feel that you could earn a lot more, pay close attention to what I am about to tell you, because this information has changed my life, my way of thinking, and my financial situation in just 6 months.

Financial abundance is one of the goals most of us have on our priority list. When we think of financial success, we all have a mental picture of the concrete result that we would like to achieve. Some of us imagine having a million dollars in the bank. Some of us strive for that amazing long-forgotten feeling to be free to do whatever we want, without worrying about making ends meet or having to work long hours. Some of us keep toying with the idea of quitting our current office job and opening our own company. And for some, being successful may equate to having a nice car in the garage, owning a gorgeous 5-bedroom house on the beach, or being able to take a one-year long vacation with their family and traveling around the world.

All these future results, hopes and aspirations occupy our thoughts and direct our behavior. That is why we get a job and work hard in the first place. That is why we cut down on our sleep, fun and family time. That is why we are concerned about the economic situation.

If you think of it, results are the only visible part of your efforts. It is the measure we use to evaluate our own success and form our opinion about success of others. Although, frequently we get so caught up in our wonderful plans, that we completely forget that in order to receive something good in the future, we have to invest something else first. You can not gather a harvest in autumn, without planting the seeds in summer time. You can only reap what you have sown.

Similar, if you want to enjoy the fruits of your financial abundance you have to keep in mind that besides obvious benefits (or results) there are also two ‘internal’ factors to your financial success. There are two key factors that will define whether or not you will attain the results that you want:

1.Resources, or something that you have invested in the past or are investing right now. When I say “resources” I do not mean just time or money.

Resources can be:

physical (energy, physical effort)

emotional (desire, creativity)

mental (concentration, data analyze, action plan creation)

You can not create something out of nothing. Unless you are the greatest alchemist of all times, you can not make money without investing some resources in the process.

2.Abilities, or natural talents and strengths that are developed and perfected over the time. Your abilities are probably the most important component of your financial abundance. If the resources you invest can help you to make some money, your abilities will determine whether or not you will be able to keep and multiply them.

There is actually a way to find out what your future financial situation will be like, without having to go to a fortune teller or getting an appointment with a financial consultant.

Just grab a piece of paper and write down what it is that you desire. Seriously, go ahead and do it right now! It will take 5-10 minutes of your time, but if you do it correctly it can be a breakthrough in your way of thinking and your financial success.

Make a long list of all the financial goals that you would like to accomplish, be it a 4-bedroom home, 2 million dollars in your checking account, a gorgeous swimming suit, two-week vacation in Hawaii or a new Home Theater System. When you are done, pick the goal that is most important to you at the moment and put a little star next to it.

Now go ahead and write down all the resources and abilities that you invest in achieving that goal. For example, how much time a day do you dedicate to your goal? How much effort do you invest in it? What other resources could you invest into accomplishing your goal? What are the abilities and skills that can help you in accomplishing results faster?

When you finish listing all the resources take a look at what you have written and see if there is a big disparity between the results that you want to receive and the resources and abilities that you are investing in the process?

When I did this exercise, I have found out that there was a huge gap between my desires and my actions. I realized that if I continue to invest what I was investing, my financial situation would get to its optimal level only by the time I retired. This unsettling realization has since turned into the biggest motivational drive for me.

Whenever I pursue a new goal, the first thing I check is if my actions are aligned with the result that I want to achieve, and if there is a healthy balance between my investments and my expectations.

Try it! It can be the wake-up call that you have been waiting for a long time.

P.S. Do not do this exercise if you are not ready to accept responsibility for your actions, because after completing it, it will be really hard for you to continue to blame others for your financial struggles.

dollar piramyd 300x298 A Missing Piece Of Your Financial Success I am sure you will agree with me that not having money does not feel good. The agony of struggling financially is something most of us have faced at some point of our life.