Wealth Mentality
November 1, 2009
ngria
Tags: inheritance, investment, mentality, rich, wealth, wisdom, work
Failure to Try is trying to Fail
One of the signs that I noticed in the rich is their determination and willingness to start again and again after multiple failures.
To become wealthy, one must have a certain attitude. This is the mindset of the 5% of the world. Whether they are from the “old” or inherited money or the “new” money millionaires like the Gates and the Google guys,they are willing to do something different, unpopular, unconventional and they stuck with seeing their ideas and visions through in face of oppositions and even ridicule.
- Not having money or time or support did not dter them from their vision. They are focussed and results oriented.
- The rich does not buy into the ” money is evil” philosophy. They know that money answers all things. It opens doors and can facilitate many solutions to vast life problems. Some say that money cannot buy love but the lack of it also cannot compensate anything.
- Negative opinion of ones self is often a deterent to attaining wealth. As a man thinks, so is he and where the mind goes you go. To begin to progress towards wealth you must begin to think differently. Adopt an ” I can” attitude.
- Respect for money is a must. Some of us were never taught the right attitude towards money. We are always chasing it and seldomly coaxing and invitin it into our lives. Money has a personality like people. We attract based on what we reflect. If we hold money to tightly it literallly suffocates and dies and if we don’t protect it it will just walk or fly out of our hands.
- Giving is a basic principle with rebound effects. Note that the wealthy are generally givers. Sometimes people think that they should give everything away, but that would not be wise at all. A farmer who sells or gives away all of his harvest would have nothing more to plant and therefore, no HARVEST.
- Investing is a trait of the wealthy. They study and carefully observe trends, they buy low and sell high, they strategize on how to invest.
- Rich people know how to take risks, they expect increase and so they look for every oppurtunity to grow their money. They may borrow money to invest instead of for buying cars, furniture and taking exotic vacations.
- The rich does not spend money on items that devalue in nature , more that their outlay on items that appreciate in value.
- The rich are patient and usually wait many years before they are able to enjoy the fruits of their hard work and sacrifice.
- The rich usually does not justify their failures, they learn from them and move forward.
Why are We Not Taught in School?
Money is an agency that all of us must use as legal exchange all over the world. So why is there so little education at all levels of the education systems about making, saving and investing money? It is a hit or miss matter for some people, with the emphasis on consumerism over investing and accumulating wealth and financial security. There is no lack of information to entice people into spending and borrowing and indebtedness,but little education on getting away from this very common “norm”. I wonder, who benifits the most from this parody? The rich or the poor?
If we want change, we must first change.
Educate ourselves. Some of us were taught to be afraid of numbers, math not the favourite subject and so we subconsciously moved away from the subject.
Get over the fears,become unstuck by availing yourself to the lacking information. Go online, read articles, check out the difference between where you are and where you want to be, You are the one to do it, the only one.
Take responsibility for Your Life, it is yours go make it. We must learn to play the hand of cards you were dealt in life to your fullest advantage.
There are lessons to be learned from your life experiences that could change your life for GOOD.
Go check it out. What are your gifts, skills and passion? What is your life purpose.
Spend time on yourself, enquire inside of you and I am sure like the rich, you will find out.
Examine your feelings and thoughts about money and people with money. It may be the key to why you have not succeeded at attracting wealth.
I have found that the greatest thing that we can do for ourselves is to manage our feelings and emotions they really do take us where we need to be or keep us where we are.
Teach your own kids, grandkids or even start a program for this purpose at your home or community center. There will be much wealth to be gained in this type of investment.
All the best to all of you. Please feel free to add your ideas and experience and share the wealth. Knowledge is very important but our attitudes will mobilize us for change.
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