Poor is a thing of the mind. Its just a mindset, a thinking pattern that has left you the way you are and it all boils down to choices you have control over or whatever controls you.
You can start life being poor and struggling financially does not mean you are destined to remain poor or be poor. Things can change and for things to change its all about your decision and these decisions either leave you where you are or change things for you. Because of your pattern of thinking great opportunities have passed you without you being aware and it also affects your level of knowledge.
Knowing that everyday you sleep and wake, you have the same opportunity as the rich people, it’s what you do with it that really matters. Everyday or somehow, someway you have heard of mutual funds, stocks, bonds, real estate and many more and these assets mean nothing to you because of knowledge, fear, risk, doubt and many more. Because of your state of mind, you always believe there is no money and its never enough to go around.
Why are you the way you are? Why do you think in this pattern? Is it that you are unlucky? Not working hard enough and many more. Most times you wonder where these thoughts come from and how long it’s been flowing through your mind. The money decisions you have made too. Because of these decisions, you spend all, living your life in debt, make bad investment without knowledge about what you are going into, give away unnecessarily.
13 WAYS THE POOR THINK
-Work harder for money
-They believe luck makes you rich.
-People think money is root of all evil
-Poor people think you need money to make money
-Think their problem is beyond their resources.
-Poor people focus on risk and fear.
-Poor believe you must go to school to excel in life
-The poor see money through emotion
-They have no goal or low expectation
-They live beyond their means
-Money cannot make you happy.
-They get stressed out with the thought of money
-Poor financial decision making
-poor people believe you need money to make money
(1) WORK HARDER FOR MONEY
The poor always think you need to work hard to show how worthy or deserving you are and your value. You work hard for it because you also believe that is the way to become rich. You work hard and harder, get salary increase and work harder for more increase not knowing expenses increase because of your level of thinking. You work hard for safe and secure job but in the corner of your heart fear lurks in your heart. Because you don’t invest a portion of the money you worked for, you work all the days of your life, creating a thinking pattern you pass to your next generation.
(2) THEY BELIEVE LUCK MAKES YOU RICH
You believe in luck, that is the only way wealth can come to you through fate. Believing that accidentally you get lucky to become rich. You play lottery, bet, gambling hoping to make money and become rich. Whenever you see wealthy people, you think of all the luck they had which you never had and how you have tried a lot of things that did not work and feel you are unlucky.
(3) POOR THINK MONEY IS THE ROOT OF ALL EVIL
You think of all the terrible things going on the world now and you say money is the root of it all. When you are alone you think of everything as vanity and money ought to be spend and not saved. As the money comes in, it all goes out. At the end of your thought, money is always the root of all problems.
(4) POOR PEOPLE FOCUS ON FEAR AND RISK
You focus more on fear and the risk involved and you think of the mistakes you have made in one time in your life and the losses you had, fear preoccupies your mind and you won’t think of taking any risk because you think of the losses thereof. Even if you see opportunity, the fear and risk take toll on you, it gives you reason not to act. Fear preoccupies you because you have the minimum knowledge and skills required.
(5) POOR PEOPLE BELIEVE YOU NEED TO GO TO SCHOOL TO EXCEL IN LIFE
You believe to excel in life, you need to go school to get a good job and get good salary and climb up the chain in your company. You believe without formal education, you cannot excel or become rich in life. These patterns hinder your thinking of becoming rich.
(6) THE POOR SEE MONEY THROUGH EMOTION
You buy things through the eyes of emotion. You get caught in adverts in billboard, radio jingles and many more advertising, you get caught in frivolous buying, you can’t control your emotion, and this leaves you in financial scarcity believing money is hard to get and you live from paycheck to paycheck.
(7) THEY HAVE NO GOAL OR LOW EXPECTATION
You have no goal and your expectation is always low or none. You never look past your surrounding and envision for greater goals. Because of your environment, your thoughts and actions are limited. You need to get beyond your expectation and break this pattern and set achievable goals.
(8) THEY LIVE BEYOND THEIR MEANS
You live above your means because of your extravagant lifestyle that catches your attention or expenses puts you in tight corner. Because you live above your means you find yourself in debt, struggling because of your frivolous style or financial woes.
(9) MONEY CANNOT MAKE YOU HAPPY
You believe money cannot make you happy and can’t give you the necessities or luxury to make life comfortable for you. You believe it help you acquire things that makes you happy and feel how beautiful life is.
(10) THEY GET STRESSED OUT WITH THE THOUGHT OF MONEY
You always believe you will continue to manage and stress yourself financially, anytime the thought of money crosses your mind you are entirely stressed because of the expenses, debt and other bills to pay ahead.
(11) THE POOR THINK THEIR PROBLEMS IS BEYOND THEIR RESOURCES
You always think your problem is beyond you because you feel you lack the skills and capacity to manage it. Because of your level of capacity, you always try to avoid it and it makes you feel the problem can’t be solved or it’s bigger than you and you are not solution oriented.
(12) POOR FINANCIAL DECISION MAKING
Your decision making affects your finance because of your thinking pattern and those you relate with. When you make the right decision, it influence your finance positively to plan, budget towards your financial goals.
(13) POOR PEOPLE THINK YOU NEED MONEY TO MAKE MONEY
You believe that you can’t make money without money because you are wired to think so. You don’t believe in even your ideas or confident about yourself but only believe that you can only make money through money.
There are many more to the way the poor think but with the ones I interacted with these are a few I could take note of. These are the thinking pattern that left them the way they are. If only there could be a shift in thinking pattern they will become financially free.