I recently ran across this article entitled 21 Ways Rich People Think Differently Than Average People based on a book called How Rich People Think
1) Average people think MONEY is the root of all evil. Rich people believe POVERTY is the root of all evil.
Average fellas are SCARED of money. You read that correctly. FEAR of money. You’ll hear average fellas say things like “I would never try and make money from this. I would never do this just for money” etc. Like money is AIDS and they would never try and get it. Everyone needs money because money is freedom. This fear of money is a one-way ticket to average town. Everyone needs money, there is no damn reason to make excuses or justify it or be afraid of it. I want money. This is how I make my money. Deal with it. Don’t be ashamed of your need or want for money. Get out there and take it and leave the excuses for average Joe.
2) Average people think selfishness is a vice. Rich people think selfishness is a virtue.
Everyone is selfish, but there are two types of selfishness: overt selfishness and covert selfishness. You want to be OVERTLY selfish. Covert selfishness is for chicken shits. When you come right out and say “I want it my way and I’ll have it my way” you will get what you want. When you play the covertly selfish guy, also known as nice guy syndrome, you are only going to get shit on. Nice guys aren’t nice guys, they’re chicken shits. They want the same thing overtly selfish guys want, money and women, but they’re too scared to come right out and demand it so they play nice and hope they’ll be able to manipulate that outcome. But it won’t happen, it’ll never happen. You want it? Take it. You want to eat shit? Play the nice guy game.
3) Average people have a lottery mentality. Rich people have an action mentality.
I hear these losers all the time, “if I could just win the lottery. If I could just get a chance. If my big break would come in” and blah blah blah. I don’t expect anything to be given to me. If I want it you can be damn sure I’ll go and get it. Play your stupid lottery, sit on your stupid couch in front of your stupid tv, and make your stupid excuses. Someone else is out there kicking ass and taking what is rightfully his.
4) Average people think the road to riches is paved with formal education. Rich people believe in acquiring specific knowledge.
Universities are leftist indoctrination facilities. And they are full of deluded morons. You must educate yourself. Any damn thing you want to learn about you can learn about. You don’t need to spend time in women’s studies to learn it. Every damn thing is on the internet, for free. If you want to learn about it the only thing stopping you is you. I will say it again and again: Everything you learn in college is useless if you want to be an entrepreneur and it’s up to YOU to learn your craft.
5) Average people long for the good old days. Rich people dream of the future.
Some people call it planning for the future, I like to call it visualization. Visualize the future and how you will be. Actually see yourself as you wish to be. The things we think tend to become reality (assuming you aren’t a delusional narcissist).
“Things used to be so great, but nowadays….” Forget that nonsense and mold your future the way you want it.
6) Average people see money through the eyes of emotion. Rich people think about money logically.
Money is like an extra emotion to poor people. They always have “money problems” and they’re always whining about it. For some damn reason they can’t ever have enough to pay rent and the car payment and the damn electric bill. I have been poor many times but I’ve never been so poor I couldn’t pay my bills and I’ve never been so poor I cried about it. Forget about money as emotion, it’s just a damn game making money. Think about it like you think about your next 15 chess moves. Don’t be like these idiots living paycheck to paycheck and never having enough. Here’s a simple solution: If you’re poor…..DOWNSIZE!
…and then get to work, plan ahead, and quit spending your money on nonsense.
7) Average people earn money doing things they don’t love. Rich people follow their passion.
I don’t like the word passion, that’s a word for women’s romance novels, the correct word is obsession. Rich people follow their obsessions to the edge of the earth and beyond. Average people can’t understand this because their obsession stops at their favorite sports team or tv show or smoking pot or some other nonsense. 4 Hour Work Week is a cool little motivational book but you can’t take the title literally. If you’re going to find success in your field you are going to spend every waking minute thinking about it, you will have to be obsessed. Forget relaxing, forget taking a break, just give in to the obsession.
8) Average people set low expectations so they’re never disappointed. Rich people are up for the challenge.
“Hey man, don’t worry about it. It’s no big deal. You expect too much. Let’s just watch the game!“
I have no time for this type of person. How any man could live his life so pathetically free of any and all challenge is beyond me. You get the same types in the gym. Type A is afraid to exert any real energy and Type B will go all the way. Type B will have the physique to show for it.
9) Average people believe you have to DO something to get rich. Rich people believe you have to BE something to get rich.
“What do I have to do to get rich?“
“Be the type of motherfucker that gets rich“.
Be a damn killer and go get it.
10) Average people believe you need money to make money. Rich people use other people’s money.
I’ll tell you boys, I made my first money using NONE of my own money. Not a penny. Where there’s a will, there’s a way. If you want it bad enough, as in you are obsessed with it, you will get it. Even if you only have $12 to your name, makes no difference.
“I can’t make money because I don’t have any money“. Sounds pretty stupid doesn’t it?
“I have to make money because I don’t have any money” sounds much better.
11) Average people believe the markets are driven by logic and strategy. Rich people know they’re driven by emotion and greed.
I have no time for these people who constantly talk about logic and strategy. “I like logic. I deal with things logically.” Logic is only one part of the picture. If you look at everything logically you aren’t looking at the big picture and I’ll tell you why. Most people in the world do not think logically, they think emotionally. When you speak to them logically you are not getting through to them.
Most people in the world are dummies and they don’t think logically, they can’t think logically. But these “I’m so logical” types always assume that everyone else also thinks “logically”. If you think they think logically you are thinking like a dummy. Not everyone thinks like you, in fact most people don’t even think. They just react. They’re idiots and shouldn’t be treated like they are masterful logicians, and they shouldn’t even be assumed to understand logic. Logical thinking is only half the the puzzle.
12) Average people live beyond their means. Rich people live below theirs.
Again, these people can’t pay their phone bills at the end of the month. Live like a Spartan. Have money leftover. Hell, I live like a king and I barely spend any money. I’m able to live very well because of a little word called Geo-Arbitrage. Make money in dollars, spend in baht and I want for nothing. My monthly expense are bare minimum. Few bucks in rent for my high rise condo with pool view, few bucks for water and electric, few bucks for internet, few bucks for gym membership, few bucks for my maid, and a few bucks to run my websites. Easy, spartan, simple and clean. If need be, all those expenses can be reduced even further. I spend less money to live on now than I use to spend on just my mortgage.
13) Average people teach their children how to survive. Rich people teach their kids to get rich.
I had average parents who taught me how to be average. They didn’t know anything about making money but they sure were adamant that college and a full time job and saving for retirement was the answer. I wasted years following that stupidity. For most of my life I’ve been a fool, and a lot of you probably have too. But it’s not too late to wake up and start kicking ass instead of licking ass.
14) Average people let money stress them out. Rich people find peace of mind in wealth.
Money is freedom, baby. I can’t say this enough. Money buys you freedom. If you have money you don’t have to take orders. When you have money you have the pleasure of saying my favorite word, “no”. I do anything I want any time I want. I don’t ask permission.
15) Average people would rather be entertained than educated. Rich people would rather be educated than entertained.
Television, magazines, celebrity websites, sports – the mark of the average. If you can’t learn or earn from it, burn it.
16) Average people think rich people are snobs. Rich people just want to surround themselves with like-minded people.
Rich people are different. After you’ve made it why would you ever want to go and hang out with losers who are jealous of you? Average people cannot hide their envy and jealousy. I have seen this look in their eyes, up close and personal, it is the most pathetic look I have ever seen and the most hateful look I have ever seen. They made the poor decision to go and waste their life at a job and now you’re demon because you are free and have money. You took the time to educate yourself, you took the time to make your own money, you took the chance, you did all the work and they look at you like you got lucky and they have the gall to get enviously angry at you. It has often been noted that you end up exactly like the people you hang out with, so say goodbye to the losers, be elitist and hang out with the winners.
17) Average people focus on saving. Rich people focus on earning.
How many people have told you of the wonderful benefits of saving for retirement and how you can finally live like a king when you’re 65? None of those people seemed to be living large, though. Weird, huh? Can it be that they have no clue what they’re yammering about? I choose to live like a king right now, I’m too selfish and impatient to wait. To afford my lifestyle I had to quit my damn job and focus on earning. And it was the best decision I ever made.
18) Average people play it safe with money. Rich people know when to take risks.
What I have found is that when I take big risks, the kind of risks that give me nausea, diarrhea and anxiety for days, they tend to payoff for me. For some damn reason I have been able to risk my money many times and have always made it back plus some extra. It has always been when I didn’t take a risk, when I chose to hang on to the money I had, that I burned through it and was left broke. You can never, ever make it without risking something.
19) People love to be comfortable. Rich people find comfort in uncertainty.
Average people don’t want to do any damn thing except eat snacks and watch tv. Wasting your days at a 9-5 and wasting your nights in front of the tv on a La-z-boy recliner with a bag of chips is comfortable for some, I guess, but it always made me miserable. Personally, I hate relaxing. It’s such a damn waste of time.
20) Average people never make the connection between money and health. Rich people know money can save your life.
“Well, at least I have my health“.
This saying always makes me laugh a little. What they are really saying is “my life is terrible….but at least I’m alive“. I’d rather be dead than be 65 years old and living on social security and medicare. I’d rather be dead than be old and living on a fixed income and relying on the government to give me my “pills”.
Not only does money give you piece of mind, which can save your damn life from high blood pressure and stress, but it also buys the best medical care and the best drugs.
21) Average people believe they must choose between a great family and being rich. Rich people know you can have it all.
Average people are excuse-makers. “I chose to have a family instead of going into business“. Bullshit, you chose mediocrity because you’re mediocre. Lie to yourself all you want, but I can see through those lies a mile away. If you were driven and not a liar you would let your family motivate you to give them a better life. A family isn’t a burden or an obstacle in making money, it’s an excuse to be lazy and coast at a job. Rich people demand more out of life, and they get it. Demand more, especially form yourself, and your quality of life will go up. Demand more from your personal relationships and you will get more. Demand more from your business partners and you will get more. If they don’t want to play ball then fuck ‘em, find others who want to play. It’s a big world out there and there is plenty for your taking. Be a man and take it.
The end.
Fantastic Article bro! Keep them coming.
I am currently in the process of starting my own business and i have been working for the rich for years, i mean kensington and chelsea rich. and what i have noticed is that 90% of the rich are mad in the head. Some are children that have grown up and inherited there parents money and haven’t got a clue what to do with themselves and are socially inept and get taken for a ride by ppl ripping them off and overcharging or just taking there kindness and robbing them blind. then you have the over-workers who don’t see their kids or wife due to working long hours and the nanny looks after the kids whilst the mum goes and spends dads money cause shes fed up with sleeping with the random workmen i.e me the AV Guy. seen it first hand. And then you are left with the 10% that get the balance right. Own business but keeps to the 9-5 and sees his kids and goes on trips to Disneyland every year. doesn’t own a 5 million pound house but is nice. and that’s where i want to be. just above the average Joe. i might be broke come the end of the month but i see plenty of my daughter and she wants for nothing and we also sit and watch tv as well as learning. and i have been on so many wild adventures throughout my life by not having money and met some inspiring people. so even if you are an average like me don’t be ashamed, life experiences count for allot.
Kudos for a great article Victor. I have a audio program with Steve Siebold where he shares something like 170+ things that the successful do (and the opposites.) Each “lesson” only last for 5-something minutes and it makes it convenient to listen to just 2 or 3 every day. It’s jam-packed with stuff like what you wrote about and recommended to check out if you haven’t. Keep up the good work!
No need to plug products
Your comparision of average people and rich people basicly looks like high-testosterone people and low-testosterone people to me. Characteristics you wrote about perfectly fit each group of low and high T.
After reading this article, this comment is a downer. Why don’t you just say props for the article for what it is. Instead it seems to me that “low testosterone” or whatever is an excuse to not go get what you want. I doubt it. I’ve met 3 very fat guys in my life, the last one last week, and they are the opposite of Victors physique in every way. Yet they STILL kick ass in business. They attract money and opportunities everywhere they go. So fuck that theory, and all other theories. It is what it is. If you watch TV instead of doing something useful with your time, then it doesn’t really matter if your T is low, now, does it.
What?? Dude, do you think Bill Gates has more testostetone than the typical “I work in a factory and box everyday” guy?
haha! Good point.
I don’t know about that. By most accounts, he was no wimpy pushover. Instead, he was driven and in control of his empire [1]. And though skinny, he at least had high pre-natal testosterone exposure (his ring finger is longer than his index finger) [2].
[1] http://www.joelonsoftware.com/items/2006/06/16.html
[2] http://www.google.com/imgres?start=218&um=1&hl=en&sa=N&tbo=d&biw=1366&bih=643&tbm=isch&tbnid=hqGw5cINO9zOlM:&imgrefurl=http://online.wsj.com/article/SB10001424052748703858404576214593545938506.html&docid=_0rdW7GldyDllM&imgurl=http://si.wsj.net/public/resources/images/NA-BK528_GATES_G_20110302182245.jpg&w=553&h=369&ei=oBsUUb6YA7Ks0AH5m4DwAw&zoom=1&ved=1t:3588,r:30,s:200,i:94&iact=rc&dur=574&sig=101822513536126175078&page=10&tbnh=173&tbnw=250&ndsp=25&tx=135&ty=67
Very Ass Kicking and true points to live by. Thanks for putting this together so eloquently.
GOD DAM! I needed that swift kick in the ass today! Mondays always set the mode for the rest of the week. So this today i’m switching to KILL mode! I love Mondays!!
Great Article Vic!
This was somewhat enlightening, thank you. I come from a family of full time 9-5ers with mortgages and debt to educational institutions who attempt to pressure me into the same life of mundane mediocrity. Happiness derives from freedom, freedom derives from money, money derives from obsession.
another kick ass post man! I open your website almost every other night in bed, looking for posts like these
Dear Victor, I’ve been reading your blog for about three months now, and you write some powerful shit. But there’s one topic I would love to see you write an article about, the importance of older, more experienced men speaking into your life and learning from their stories. I was fortunate enough to have a great father, two incredibly badass grandfathers, and multiple coaches who taught me how to be a man. I would love to hear what you have to say about the topic. Keep it up, this blog is awesome.
I agree with most points in your article, but there are a couple I see from a different angle. MANY, MANY, MANY wealthy people sacrifice health for wealth. They dont sleep like they should, they constantly worry, they are never satisfied. They eat out all the time because of limited time or taking out clients to dinners or lunches. Everything is a big fucking show to them and some of them have forgotten how to just be happy. Its also statistically proven that wealthy people spend less time with their kids. Many of their kids are even raised by other people altogether. Sure, your son can wear the finest clothes, go to the best schools, live in a huge house, but did you ever really know him? Not to say that this is in the category of everyone wealthy, but I’d say many. I have a friend who put it to me best one day, he told me “The guy making 100k-300k/yr is busting his ass and killing himself, he is working all the time and is never around. But the guy making more than that has other people making it for him and he has freedom. I really enjoyed the article though, and obviously there are always exceptions in any case, poor or rich. One of the biggest problems I see with relationships nowadays is having a man and woman with the same frame of mind. Women want it all now, they’d rather have payments up the ass each month on cars, cell phones, credit cards on clothes, and they will find some nerdy cocksucker to leech off. And all he cares about is keeping this selfish bitch around because he never thought in a million years that he’d actually get a piece of ass. So he slaves, day after day, LOL
I agree with what you are saying. I’m sorry, Victor, but the post above makes more sense this time around. This is not to say that what Victor says is wrong (he does make some valid points – and I do love his take on relationships with the opposite sex).
Consequently, there is a balance between living rich and actually being rich. There are too many guys out there who cannot find that balance. This is a fact. I see too many fat asshole pharmaceutical reps than I care to. Nobody is super human and something always has to give – health, relationships, etc. Sure, great money…but their life sucks and mine doesn’t.
For me, I much rather do what I love for less money and spend time with my family than slave away at a selfish greedy endeavor. So call me beta, I don’t care.
No problem, I always enjoy John Doe’s comments.
You cannot reason with someone who is making emotional justifications for their actions, Robby. Just as some are drawn to religion, others are drawn to money. I never had to go through the steps that are outlined in this article and I will have more money than the author will ever accumulate. This allows me to see money in a different way than Mr. Pride. Mr. Pride is giving everything to make himself rich and when he sees someone question that which he sacrifices his life for, he understandably becomes defensive (much the way a religious zealot does when you question his religion). Mr. Pride will one day come to find that money means little and in time his name will be forgotten (if it is ever remembered in the first place) just as yours and mine will be. I will posit to you that to enjoy your life to the fullest you need only friends in this world. Not money. Not a family. Plenty of studies suggest that once you make 40,000 USD the marginal increase in happiness per dollar earned in minimal. Happiness can only come when something is shared. Sharing your time with another is the most precious thing you can do. If it is with someone in front of a small tv screen somewhere in a 3rd world country, or on a yacht somewhere in the Aegean, it makes no difference. I know this because I have done both.
Leo
Not all women are brand whores looking to go shop til they fucking drop. Contrary to your sexist bullshit theory, there are women out there, like me, who bust our asses all day trying to build a business. I have a man, yes it’s true, but I absolutely don’t NEED him. He has his own and I have mine. I take care of myself and do so quite well. I have assets with zero debt and I am working extremely hard to make myself a success. So, don’t generalize.
PERFECT
’5) Average people long for the good old days. Rich people dream of the future.’
Part of the reason I don’t hang out with my old friends. They want to remember ‘then’. I don’t really give a fuck about ‘then’ all I care about is what I’m doing NOW so I can reap the the benefits in the future.
This is a great post I read it everyday . Read and Bold and Determined and I become such. This website is the only one that is worth reading. All your post are master pieces. I did the 30 days and it makes you change and now all my workouts are tailor made because of Body of Spartan as well as my mind . Become Elitist and if you can’t learn or earn then burn .
If you are taking big risks and only getting some profit back, the risk isn’t worth it. Big risk should be big reward.
“4 Hour Work Week is a cool little motivational book but you can’t take the title literally”
Someone who knew Tim Ferriss once said Tim Ferriss has never worked just four hours a week in his fucking life. He defines ‘work’ as the stuff he doesn’t want to do. If you factored in all the other stuff he does and defines as ‘fun’, you’re looking at a 100 hour workweek.
A hustler doesn’t hustle four hours a week and then watch daytime TV with the rest; A hustler hustles because that’s who he is.
Absolutely. All day everyday. If I’m not hustling, I am thinking about my hustle. There is no such thing as a 4-hour work week for a real entrepreneur.
“make money in dollars and spend it in baht”
Victor i love your blog and have read everything you have written on it with wide eyes but i have to ask you, what is your obsession with South East Asia?
You have this amazing insight into the way the world works but your advice you give men, i have to disagree with. Yes globalization is killing us, our women are being turned against us, our men are being turned into women, we are being forced into economic slavery and we are being replaced. Does the answer to these problems involve starting some type of eCommerce venture online then running off to Thailand for cheap beers and a bit of ass?
You sell a book titled Body Of A Spartan. Do you think the Spartan men gave a damn what their biceps or traps looked like? When times got tough did they find a way to make money for themselves then run off somewhere to take advantage of an exchange rate?
The last thing we need is for our best and brightest running off to poor countries and buying the illusion of freedom. That is not freedom that is retreat. Men should not be retreating they should be standing at the Hot Gates ready to die for their freedom.
Becky the 22 year old HR manager, she annoys the crap out of me as well, and we could all run away. But even if we run she will follow us. It doesn’t matter where you go it will come for you. And even if you manage to live out your days with a bottle of Tiger Beer, it will come for your son and his son and all your advice on this blog won’t mean anything then.
At some point if we are ever to have any semblance of sanity in this world we need to stop thinking about ourselves and start thinking about the future generations who will not be able to escape Becky and her generic interview techniques.
Thailand is for vacations. Fight Back.
I was waiting for these year for 37 years…You reinvented my life..Thanks
Your shit gets me pumped up. Now if im not learning something, making money or working out I feel like im wasting my time. My playstation is collecting dust hah.
Dare I speak? How can I stay silent!
What you and H. Q. Roosevelt and Steve Siebold are missing is a dose of reality when it comes to poverty. Very few people choose poverty. At the risk of everyone jumping down my throat, I’m going to give you a personal example. I am getting in more debt by the minute due to student loans. When I’m done with this MFA in Filmmaking, I’ll owe nearly 200K. Yes, it’s insane, I know. But do I have a choice?
Let’s see, if I dropped out right now and tried to start earning money at what I love (hosting a talk show), I’d be homeless and starving in a month. I’d be forced to pay back the loans I borrowed for this semester immediately, but they are already spent on rent. Since I can’t pay, any job I’d get (if it were legitimate) would only grant a garnished check. Of course, you have to know people to get a gig like hosting a talk show, so in the mean time, I’d be working two minimum wage jobs just to survive. That would take most of my time and energies, which, by the way, is why people end up coming home and plopping down in front of the TV to escape their dreadful realities. At the moment I don’t own a TV, but I’d probably invest in one, if I were at a dead end job. I’ve worked those jobs before, and it’s like taking a bullet in the foot every hour of every day…literally, I ended up getting bone spurs from standing as a cashier, a bank teller and a cleaning lady.
My mom has bone spurs too. Her feet are swollen, she has high blood pressure, and yes, she tries to put her feet up at the end of a long day – and watch a show while she’s grading papers. There’s no pay for that part of the job. She loves teaching, but not all the politics, and certainly not the job insecurity. Since she’s living in a “right-to-work” state, they can (and did) fire her for no reason — well, the actual reason was that she wouldn’t pass a student who didn’t do the work. At her new job, she’s still fighting an uphill battle to get the money for all the years she has under her belt. Mom’s a high school biology teacher who’s trying to get out of debt, but her medical bills keep calling.
The debt has piled up since we (my mom, brother, sister and I) had to escape an abusive home with just the threadbare clothes on our backs. My family doesn’t like to rely on charity, but we were so desperate one Ohio winter (with the electric cut and an eviction notice on our door) that we asked the millionaire Mom worked for to help us turn on the heat and pay for rent. He must’ve had the mentality that you are espousing, because by the time he decided to throw few hundred our way, another month had passed. The car had no gas, so we were not just freezing at home, but walking in feet of snow, on the side of a highway, to get to work and school. Our clothes were drenched, but we had no quarters to dry them. The few hundred he gave didn’t even cover all the late fees. Now do you know why “average people” give rich people that look of disdain? I don’t hate anybody, but I certainly understand how someone could. When I get rich, I will never forget the poor. That is common decency under Judeo-Christian values.
Unlike me, my brother is not attending college (as you recommend), though I think it would help him in the business he’s been trying to start for years. He’s computer smart and has been working for older, wealthy people in his area. They don’t know much about computers, but that generation is dying out, and so will his business, if it doesn’t expand. He’s making about $20K right now, and barely keeping his head above water with the child support he’s paying. I’m pretty sure he’s still sleeping on somebody’s couch and has to ask for rides to all his jobs. Imagine how professional that seems.
Last, but not least, my little sister is in her second year of college. She’s brilliant! Always has been the smartest in the family, but her full-time job as a bartender makes it a struggle to keep her grades up, and it also doesn’t allow her to receive financial aid. Since bar-tending is all she knows as a career, she’s surrounded with people who like to drink and party all the time. Put the two together: studies and drinking – not a great combination for success, if you ask me. But what choice does she have? She’s doing her best. One day she wants to be an abuse counselor, because she knows what it’s like firsthand.
Now, Mr. Pride and readers, I’d like you to think about the article again. Most people who live in poverty are hard workers who are looking for a hand up, not a hand out.
1. Believe me, poor people KNOW money answers all things. And they wouldn’t complain about it either, if they were rich.
2. Poor people know that generosity, not selfishness, is a virtue.
3. Poor people work just as hard, or harder than rich people.
4. Poor people know that without a formal education, there are overwhelming odds they will end up as poor or poorer than their parents.
5. Poor people dream of the future, and it is often the wealthier people who tell them to stop dreaming and get back to work.
6. Poor people don’t have money to think about. They are focused on surviving and catching the next ball in the juggling act.
7. Needless to say, poor people don’t have money to chase their passions, and they are stuck in jobs they hate because they need to put food on the table (some rich people take that for granted).
8. Poor people face greater challenges than rich people, because death stares them in the face and they overcome death time and again. While wealthy people certainly have challenges, they are of a different kind, which by nature are more docile than death.
9. To DO or to BE, that is not the question. If a poor, single mother in Texas told her daughter she could be President of the United States one day, is it equal to Mrs. Barbara Bush telling her son the same?
10. This one’s hilarious! As a poor person (who can quickly overcome my shyness to accept charity), I invite you to make a donation toward my next film at the bottom of this page: http://www.joy2theworldmedia.com/About.html Thank you.
11. Do poor people even care about the markets? I’ve never heard anyone around me talking about the markets. Do you know why? Nobody can afford shares.
12. By definition poverty is not having enough to make ends meet. Of course rich people live below their means. I’d sure hope so! My goodness, who pays a million dollars a month in rent? But wait, what was it about NFL players and big time actors going bankrupt? I guess not all people who become wealthy understand how to properly manage their finances. Poor people don’t really have a choice. Hmmm…do I save that $25 or spend it on cereal and milk for the month? What you should be asking is how on earth people like Michael Jackson, Mike Tyson, M. C. Hammer and Donald Trump are filing bankruptcy!!!
13. The fact that poor people have to teach their children how to survive, while rich people just teach theirs how to get rich, says something completely different than what you are trying to say. Are you blind?
14. Poor people find peace of mind in wealth too, but since they don’t have it, they have to turn to God. Perhaps the poor are a step ahead after all.
15. See Number 4. This contradicts it. Perhaps both poor and rich people like to be both entertained and educated. Have you heard of Neverland?
16. Snobs are people who look down on other people. Reading this article, I’d say you, sir, are indeed a snob – whether or not you’re rich. There are snobbish poor people and rich people. Personally, I give everyone a fair chance and a clean slate. I’ve met some people who are beautiful and loving, and others who act like they’ve never had their diapers changed.
17. Both the rich and poor focus on earning and saving. The only difference is the rich person has enough to carry his savings in his pocket every day, while the poor have to save a few dollars daily. I could use a savings right now to pay for brakes on my car. Do you ever wonder why a greater percentage of poor people have faith? Yes, it’s because they have to believe for things like their car brakes not going out, while coasting down a hill.
18. Again, you are so out of the loop. Poor people take risks every day. Riding to work on a bus that stops in a bad part of town is a risk. Living in a bad part of town and having no health or life insurance is a risk. Driving a car with bad brakes, or outdated license plates, no insurance…is a risk. It’s a risk to eat moldy bread, drink spoiled milk, or go through the dumpsters as some of the poorest must. It’s a risk to sleep on the streets. It’s a risk for women to even walk on some streets. A homeless woman in Atlanta told me that she’d been homeless for one year and raped 3 times. Do you want to talk about risks? You don’t know what a risk is! Wanna talk about nausea, diarrhea and anxiety for days? Think about the pregnant mother, who’s husband just got laid off.
19. Do you know what my friend in Virginia does when she wants to treat herself and her kids to some entertainment? They go walk the aisles of Wal-Mart at 2am. It’s called not being able to afford anything, Sir. It takes gas to get anywhere. Gas costs money. I am positive you have more relaxing experiences than this.
20. Do you think poor people are stupid? Anyone who’s ever been asked to see an insurance card knows money can save your life. Duh. POOR PEOPLE DON’T HAVE MONEY.
21. Demand, demand, demand…really? That’s the answer. To demand everything like a spoiled child? Do you have children? Actually, I should ask if you have a good relationship with your children and your wife. Do you?
Check this vid: http://www.youtube.com/watch?feature=player_embedded&v=UqDtf1aw818
Quite an eye-opener how almost everything in society is made for average people. The media, the topics people talk about, clothing, food, everything.
Besides the red pill often heard about in the ‘manosphere’ which says that women do crave masculine, dominant alpha men, after reading this article I believe there is another pill to swallow: Society is designed to fabricate average people with average minds, and if you follow its rules you will end up just as average as everyone else.
Spot on article! Keep more coming!
This is the kind of mental doping one needs every now and then, specially when one deals with one of life’s big blows to one’s ego.
Thanks for helping me re-focus!
Thank you for this.
I’m about to graduate high school and I’m determined to be an entrepreneur. My dream is to start an internet brand where I interview all the people who inspire me.
I love the internet because I can find awesome articles like this! I love that people are taking action and making their living on the internet
Like many are realizing, the internet and information age we live in allows us to do whatever we want. I know I’m young, but I 100% believe that we don’t need permission to follow our dreams anymore.
Maybe years ago, you needs to get funding from other places before you started some project, but now with the internet you could have your passion or business out in the world in seconds.
Like i said, personally I’m focusing on starting a funny YouTube channel where I also interview people making their living online. Big inspirations of mine are EpicMealtime, Smosh, and RayWilliamJohnson. These are some big channels paving the way for internet entertainers. That’s just my niche though. Internet and social media.
It’s always completely awesome to find articles like these! It’s like the information is universal. Thanks for giving me some insight into the mind of an entrepreneur.
Most of my friends who work at sandwich shops don’t understand that I run my own blog (http://pokeflirt.com) and tell me I need to get a real job….oh well haha. Maybe someday I’ll be their boss.
Cheers! Thanks for the article!!
—Mike
I like #3, the way I see it is that if deserving was a law of nature then cash and food would fly into my hands, but its up to you to make shit happen. For some time I was stuck wanting to relive some past years that were exciting and so I thought about what made it so great and I came to this:1. I didn’t have expectations other than my plans 2. I wasn’t reminiscing on the good ol’ days 3. I didn’t want the future to be like the good ol’ days 4. I was doing new things and some scary shit 5. I was ready to take whatever hurt came my way 6. I lost myself in the present 7. I was surrounded by awesome and fun ass people 8. I did what I wanted to. I emulated these things and now living the good days again. If people where always stuck in the past they would’ve never had any good old days in the first place.
So Victor tell us how you made money without money then? Everyone says you can make money without money but no one ever says how….can you share some tips with us please.
Yeah bud, buy a house sub2 with $10 earnest money and then flip it to an “owner finance” low credit buyer who gives you a large down payment and a monthly payment over the original note and a payoff to you when (IF!) they refi, which they won’t, so you’ll foreclose on them and find another “owner finance” buyer who will give you a large down payment and monthly payments above and beyond your monthly note. Rinse and repeat and then move to Thailand and eat Coconut chicken and drink apple cider on a saturday night while talking to a guy named John on the internet. Easy peasy, Japaneasy.
Hi Rich, Spend lot of money and stop your death………………… Ha Ha ha……….
my man carry cup because you did a nice job here.well articulated and designed for morale boosting but i dont think all these will work out without God and potential allies.am a young book writer,i got the popularity but the money isnt there.i think fate got alot role to play here.im thinking suicide as a solace for me now .pls help me to achieve my goals.pls victor
Honestly, there seems to be a metaphysics involving money; if you give it away to someone, say a bum, for example, then that act will come back and bite you in the a$$, as well it should! If you feel a little sympathy towards some who feigns poverty in the hopes of getting something for a free ride at your expense, they will turn around and bite you in the a$$, as well they should! What you earn, you keep. Be very careful in deliberating whether or not you are going to help anyone in any manner because plenty of people see it all as a zero sum game, people who are very petty with money because they have only and always dealt with petty sums of it. If you give them an inch, they will try to take a mile; consequently, you shouldn’t budge an inch in dealing with them; they certainly wouldn’t if the shoe were on the other foot. This is why people don’t always interact well across social or economic classes, they are coming from a different place, literally.
I loved this entire list of emotional and mental differences between people who are successful at financial management and people who are not. Oftentimes, financial management is a mental exercise, not a mathematical one. (It’s math-based, as well, but that comes second — after basic mentality is achieved.) Just today I was conversing with someone who viewed themselves as pushed around by society rather than the master of their own destiny. Those attitudes make a big impact in your life, finances and even your health.
Nice words, Victor. I find your writing immensely motivational. I especially like your ‘ABOUT’ page. That being said, we know that there are people who are living very, very happily even though they aren’t that rich. It’s nice to be financially independent to the point that you are happy. If being filthy rich gives makes you happy, then why not? If you are genuinely happy with an average financial standing, great. I think in the end it all comes down to how happy you really are. Some people are happy living in a log cabin in the middle of nowhere, and many are living at 33480, Palm Beach, Fl. with constant depression and sadness. I would love to read what you think on how being rich relates to the concept of happiness.