Secrets of how the rich people think In this occasion, I will share a secret that has become a question. We often hear:
"The rich get richer, the poor get poorer", and recently we begin to hear the following statement: "middle class people become poor"
Middle class-people in developed countries are getting less. In developed countries like America, Japan, Germany, Britain, etc, you only have two choices: to be rich or poor.
Why is that??
"Which group do you belong?"
Okay, let's see, what can distinguish between the rich, the middle class and poor people economically and financially.
Generally, everyone is:
rich, intermediate, or poor, have "income", "expense" (spending), "assets" (something that produces income), and "liability" (debt burden)
Poor people - use their income (which is usually limited or less), to meet basic needs (primary) of life (expense). Sometimes, they must owe (liability) left-right to just meet these primary needs.
So forth, from month to month, they use the income and liability to meet the basic needs of life. Hence, the term "dig hole close hole" becomes familiar to them.
What about assets? Oh, don’t ask me about this! They generally don’t have the financial capital to have assets. All they can do is work harder and longer to increase their income and / or using the liability.
So, don’t be surprised, if the poor will continue to be poor (or poorer). What else in Indonesia, UK And USA that the rate of inflation continues to raise ...
Middle Class people – Unfortunately, I don’t have literature that can justify this, but according to my sight, the Middle Class is the widest community in the big cities in the World. Maybe you are in this group? Let's see ...
According to me, middle-class people are the ones who are at a most horrible. They always have a great chance to be poor, but few opportunities to become rich!
Why is that?
Quite simply, the people in this class have incomes that do not just enough to meet their primary needs. Their income has enabled them to start thinking secondary needs (cars, motorcycles, television latest technology, a refrigerator, a bigger house, etc).
Unfortunately, the income has not been enough to them to meet those needs in cash! So what is happening is that they make loans, which means the liability for them! That's not the Secrets of how the rich people think
which side benefit from this? Of course the Bank and other lenders. For Banks and lenders, liability means assets for their clients!
Of course, if all goes as expected, the liability over time will become smaller. However, this is human nature to always feel unsatisfied. Finished motor credit, they will start to create a new liability by buying a car, for example.
"If something bad happens to them (being fired, prolonged illness, disability, etc ), so that they cannot earn more income, then all the liability would be a burden, and can make them go broke!"
Rich Man - It's the most comfortable to write… lol ...
These are Secrets of How rich people think .
Rich people always tend to have assets. Why is that? Because they understand that only by having asset they can maintain and even increase their income
They use their income to buy assets, which will generate another source of income for them.
They use a liability / debt to buy / own assets, which will generate another source of income for them. You see how clever they are? You understand now how the rich become richer?
If you don’t belong to this, don’t be discouraged. You already know what you should do, right? Yes, have the assets right away!
What kind of assets? Assets that can earn money for you, let us discuss together how you can own assets and reduce any liability that you have now!
Besides the technical factors mentioned above, there is another secret about what differentiates between the rich and the poor.
This is: The mindset Secrets of How rich people think that we can take action.
Apply the mindset on yourselves and then see what happens.
