HOW ARE THEY RICH....? And what am i doing wrong?
The easiest route to significance in life is the ability to break away from life limiting factors. One of the major challenges every individual must overcome to rise and shine in life is negative stories in your background. The background does not stream with opportunities, but smolders with fury oppositions to the dreams, plans and visions of your future. with your eyes on your background you remain in the same place and same mess of stagnation in life as long as you continue to give excuses why it is difficult for you to make the first or second attempt to break off from your limits you surely remain a lawful captive of your past.
The economic inequalities between individuals and nations exist because more people are victims to their background and have completely surrendered to the following gladiators:
- Hesitation
- Doubt
- Surprise
The mind is mans greatest minting machine
Being creative pays allot. The rich people that constitute 1% of the worlds population and own over 40% of global assets do thing that poor people don't do. They make more investments in their minds before thinking about other kind of investments around.
These folks simply invoke the law of mental creativity into operation in anything they do.
What and where does the rich invest their money?
The rich invest so much money to develop the mind by the following
- Buying and reading good books
- Buying and listening to rich audio tapes
- Board games like "the monopoly", chess and etc.
- Read financial journals.
- Fly to different parts of the world to attain mentor-ship programs, money and creation workshops, personality-enhancement forums
The rich evades the marketplaces on earth with knowledge oriented, people oriented and service oriented products.
Spending habit of rich people
- Spend more money on personal improvement
- Spend money on good stock
- Spend money on real estate business
- Spend money on research to invent new ideas, ideals and products into the marketplace
- spend money and time searching for business opportunity around the world while keeping a file load of great contacts
- spend money to develop a particular business while exploring all limitless possibilities attached to that business idea.
Let your productivity be greater than your liabilities
Liabilities in life are like open wounds and if you do not treat it one time and adequately, germs can attack it and make things become worst. Once an individual starts struggling financially, he found himself spending money on little things that eats up his opportunity to get better with time.
Conversely, anyone can live above his liabilities no matter how bad is the situation. Rich people confront liabilities by building up abilities and engage opportunities to give them commercial value.
Salary is a sweet poison
There is no crime to start out in life with salary, but then, it is wrong and life threatening to stay on it for too long a time no matter the dosage or mileage. if you are going to rise above statuesque, then, prepare to invest at least 40% of your income to grow your financial tree. As the tree grow, plot your exit strategically and retire on something substantial to build your own income system that will be responsible for your ultimate financial freedom in life.
Thanks for reading and have this in mind that to be poor means
P = passing
O = over
O = opportunities
R = repeatedly.
REFERENCE
Ritchie Felix (Rising Into Significance, July 2016).
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