Wednesday, June 21, 2017

15 PRACTICES THAT DIFFERENTIATE THE POOR FROM THE RICH

This is from one of those annoying popups that occur when you are watching videos online for any length of time, but the title was interesting, and the I dea even more so. What is the difference between a poor and a rich life? Here are the talking points from the source ULUX.

EXECUTIVE SUMMARY: Do things in life that bring value. Don't waste it! You are worth it.

1. Poor people watch a lot of tv. CAVEAT: Don't watch too much tv. Do things that add value.
2. Poor people eat fast food. CAVEAT: Don't eat fast food. Eat real food.
3. Poor people buy clothes or products on sale. CAVEAT: Strive to buy the quality you deserve, and what you want. (I still admire the frugal millionaire, so take these caveats with a grain of salt!)
4. Poor people wake up later than rich people in their early years. CAVEAT: You may have missed the boat on this one, and too bad for us night owls, but you have 14 other habits that might make the difference!
5. Poor people are really into sports. CAVEAT: Be active. Don't watch sports, be active!
6. Poor people don't shower as often as rich people do. CAVEAT: Shower daily, early!
7. Poor people blame others for their misfortunes. CAVEAT: Take responsibility for your fate and do what you can to understand your part in it.
8. Poor people have no money saved. CAVEAT: Save money. Have an emergency fund.
9. Poor people use credit cards or take out loans for useless things. CAVEAT: Only use credit to add value or for necessity, and as little as possible (see number 8)
10. Poor people tend to have more kids and earlier in their life. CAVEAT: Use contraception and plan to have kids when you are ready for them.
11. Poor people do not have regular checks with their medic. CAVEAT: Get regular check ups.
12. Poor people spend money before they get it. CAVEAT: Don't spend money you don't have.
13. Poor people surround themselves with other poor people. CAVEAT: Surround yourself with five of the best people you can.
14. Poor people never follow through on their ideas or potential. CAVEAT: Invest in yourself, and be brave. You are worth it!
15. Poor people believe that others should help them reach the top. CAVEAT: Don't quit. Keep learning. Keep adapting. Share with others.

Again:

Do things in life that add value. Don't waste energy, time or money on things that are worthless. Eat good food. Exercise. Spend wisely. Don't overspend. Don't spend what you don't have. Your body and mind and company are as valuable as your money. Take care of what you have. Think about your mistakes and failures, and make changes to remedy them. This is how to be successful and rich in many ways.

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