Topic: Poor and middle class as a mentality - page 4. (Read 1979 times)
Crypto has a way of reversing ones fortune. A poor mindset always seek gain as soon as possible then quits if some things are not going their way. No understanding or discipline to focus on how market reacts. A middle class mindset is work still is the best way to earn money, feeling it is more secured and little risks are involved. They are disciplined but not as educated enough to understand how they are taxed higher than the upper class. The time of work for them eats a lot thus compromising their ability to seek knowledge to improve.
Someone who has intention and thinks about future investment then they are people who are born to be smart and rich in term of thinking. Many poor people have succeeded in changing their social status in the economic field simply because they want to invest and are interested in learning about technological development. A poor young man in the complex where I live managed to build a house, buy a luxury car only because he was interested in learning how to make money from YT. He has changed his life with his strong will and determination and this has become a clear example in my social circle.
Great example, thanks!Another small nuance - NOW the time has come when an ORDINARY person can achieve a noticeable result. Into the world of technology, in order to earn money, change your social status, it is no longer necessary to be born into the family of a banker, industrialist or politician! Quite enough desires, skills or craving for learning, perseverance. This is the recipe for success today. True, this will not work for everyone, but let's remember - only the one who does nothing is not mistaken. After the first failure, you should not go into depression and stop trying to do something, change something in your life!
At all times, there are individuals who, thanks to their hard work and talent, make their way from the lower strata to the higher ones and earn wealth without being born into a rich family. But this does not mean that this happens to everyone and social inequality still remains. Yes, now there are more opportunities to climb thanks to social elevators, but do not forget that the process is mutual and if someone follows the social elevator up, then someone follows in the opposite direction, because there can't be too many champions. 
I think this is very realistic. But this does not mean that the poor cannot succeed. Many famous billionaires were not born in wealthy families. Their perseverance and wisdom made them. No matter where you start, you should have the right attitude, understand what you want, whether you want your children to be as ordinary as yourself, or strive for a better future for future generations. It depends on their own choice.
that's what op said, poor is a mentality. Jeff Bezos comes from a poor family, Warren Buffet too, they are rich because mentally they are hardworking and smart. The average poor people believe that poverty is a gift from God or destiny and can only be grateful for it. Someone who has intention and thinks about future investment then they are people who are born to be smart and rich in term of thinking. Many poor people have succeeded in changing their social status in the economic field simply because they want to invest and are interested in learning about technological development. A poor young man in the complex where I live managed to build a house, buy a luxury car only because he was interested in learning how to make money from YT. He has changed his life with his strong will and determination and this has become a clear example in my social circle.
Great example, thanks!
Another small nuance - NOW the time has come when an ORDINARY person can achieve a noticeable result. Into the world of technology, in order to earn money, change your social status, it is no longer necessary to be born into the family of a banker, industrialist or politician! Quite enough desires, skills or craving for learning, perseverance. This is the recipe for success today. True, this will not work for everyone, but let's remember - only the one who does nothing is not mistaken. After the first failure, you should not go into depression and stop trying to do something, change something in your life!
It is a mind set that is common among the different class, the poor sees themselves as poor and don't believe they can be better than their poor status in life, the rich on the other hand sees it as their birth right and deserve it, but being poor does not limit your dreams, goals and aspirations, it is about being self confidence and determined, but you don't usually get such encouragement from school, families and society because as a poor kid it will be had to be able to achieve such dreams, and then it will only end up as dreams.
Someone who has intention and thinks about future investment then they are people who are born to be smart and rich in term of thinking. Many poor people have succeeded in changing their social status in the economic field simply because they want to invest and are interested in learning about technological development. A poor young man in the complex where I live managed to build a house, buy a luxury car only because he was interested in learning how to make money from YT. He has changed his life with his strong will and determination and this has become a clear example in my social circle.
At the moment I work in exactly this way - there are partners in the EU, and I, for the most part, work with them remotely - the financial and tax system in my country allows me to do this. The last 2 years, without traveling anywhere, due to the coronavirus.
I am sure you will succeed, and new opportunities will appear! Good luck in all your endeavors!
I dunno why, but as long as I learn then I'm active in BTT, my life is better than before. I'm from low middle class in my country but when we talk about mentality, I'm lucky that I have a good education background because of my mom. Poor mentality can be changed because of education, so when the government want to solve this problem, I think free education will be the solution.
Your mom made a great investment - investing in your training! Now everything depends only on you - gain knowledge, set goals and achieve them ... And you can change your life and reach a higher level, both material and social!
PS Always learn, learn new things, don't be afraid to make mistakes
being poor or rich is one of the cycles of life but how we get results and can be happy with what we get is not measured by how poor or rich we are, but what is clear is trying to make money honestly is a behavior that many middle class people do while rich people tend to deny this
There are rich people I believe are honest and pure in their husle. It's not every successful person who indulge in dishonest ways. Though, it's really tasking to maintain the level of success especially when you have attained it peak.
Some people are equipped with knowledge, they even have the resources to project their self into that level but the stress of maintaining such status comes with challenge.
I believe no one want to be rich today and call broke tomorrow that's why some maintain their comfort zone and don't explore further.
At the moment I work in exactly this way - there are partners in the EU, and I, for the most part, work with them remotely - the financial and tax system in my country allows me to do this. The last 2 years, without traveling anywhere, due to the coronavirus.
I am sure you will succeed, and new opportunities will appear! Good luck in all your endeavors!
I dunno why, but as long as I learn then I'm active in BTT, my life is better than before. I'm from low middle class in my country but when we talk about mentality, I'm lucky that I have a good education background because of my mom. Poor mentality can be changed because of education, so when the government want to solve this problem, I think free education will be the solution.
I see the point where you are coming from but I will like to disagree being poor doesn't mean the child will be poor intellectually, I know the standard of teaching might be different but the curriculum doesn't differ from the country where I am from I have various examples to back this point up. No poor parent will want the child to grow up to be like him/her so they will try their best to train them in this time and era.
A child will stay dumb if there's no equal opportunity, I meam if everyone is given an equal opportunity for a quality education, we will see more of this poor child that excels more than the rich ones. For me, the mentality is there because people at the top are always trying ingrain that mentality because that way, they will stay on top. Firstly, it's very nice that there are people like you, I respect your choice and your path!
At the same time, I will add that you did not quite understand me correctly. I was not talking about changing the place of residence or abandoning poor relatives, but about the fact that for personal development it is necessary to communicate in a more "developed" society, which will increase the level of knowledge, gain quality experience, and gain access to great opportunities. All this can be used to solve a host of problems - from attracting investment to poor areas, to giving people from, no offense, a less developed stratum an opportunity to make an attempt to raise their living standards! Like any "tool" - knowledge, experience, connections can be used in any way - for good and for harm, for many or only for oneself.
For a better understanding, a simple example - it is difficult to learn, for example, English if you only have a dictionary, and much easier to learn if you find yourself in a language environment, for example, in Britain or the United States. And when you raise the level of the language - you can use it as you like - you can find a good job in this country, or return to your country and start a business with international partners or for their market, and invest money in your city, or in their relatives.
Now that I understand you, how about a middle way that would be both good for your view and good for my view as well. We now have internet under our hands, internet is very easy to access even in some of the worst countries in the world, my country provides one of the most expensive (compared to minimum wage a standard internet is 10% of minimum wage) for speed that is funny, it literally takes a minute for me to open a webpage sometimes, I have under 10 mbps for that much money.At the same time, I will add that you did not quite understand me correctly. I was not talking about changing the place of residence or abandoning poor relatives, but about the fact that for personal development it is necessary to communicate in a more "developed" society, which will increase the level of knowledge, gain quality experience, and gain access to great opportunities. All this can be used to solve a host of problems - from attracting investment to poor areas, to giving people from, no offense, a less developed stratum an opportunity to make an attempt to raise their living standards! Like any "tool" - knowledge, experience, connections can be used in any way - for good and for harm, for many or only for oneself.
For a better understanding, a simple example - it is difficult to learn, for example, English if you only have a dictionary, and much easier to learn if you find yourself in a language environment, for example, in Britain or the United States. And when you raise the level of the language - you can use it as you like - you can find a good job in this country, or return to your country and start a business with international partners or for their market, and invest money in your city, or in their relatives.
However we still have access to it. I never went to anywhere else in the world, and yet I can speak English "fairly" well, sure I am not a native speaker but here I am writing on this forum and I rarely get complaints on my English, so you can learn English wherever you are as long as you want to. The middle way offer : Stay in your country but work online with other nations? Freelancing basically, or startup, or whatever you want online, that way you work with foreigners and get education, network, partnership, business, money from them but you are not leaving your nation neither.
I absolutely agree that the ideal solution is balanced and compromise. And the path that can be implemented in my country is not guaranteed that it can be implemented in your country, and this is a natural situation. Therefore, it is absolutely logical to choose the most optimal option for the situation around you.
At the moment I work in exactly this way - there are partners in the EU, and I, for the most part, work with them remotely - the financial and tax system in my country allows me to do this. The last 2 years, without traveling anywhere, due to the coronavirus.
I am sure you will succeed, and new opportunities will appear! Good luck in all your endeavors!
This has been the bedrock of every single rich person in the world. Jeff bezos had wealthy family, elon musk had wealthy family, warren buffet had wealthy family, bill gates had wealthy family. Look at the forbes top rich list and you will see kids of wealthy families, I am not saying that they didn't build something of their own, of course becoming the richest person alive was a success, but they didn't reach there from a very poor family and a poor community school type deal, they all came from wealthy family and a great education.
At the end of the day if you are dropping out of Harvard, that is already saying so much about you to being with. Poor people who barely got anything to show for will come to a place, you do not have to stay poor, but you are not going to reach to places those wealthy people reach, they have advantage over you.
Nothing is so absolute. To be honest, children from rich families will get more education, material resources and less pressure than children from poor families, but this does not mean that children from non-rich families will not succeed. In China, Jack Ma was not born into a wealthy family, he was just an ordinary university teacher after graduating from university. Who can imagine that in ten years, he will be ranked second on the list of China's richest people, and in 2020, he will be ranked 17th on the Forbes global billionaire list. Superior families have great advantages in their growth, but without this advantage, success may not be impossible. Don't forget your original intention. At the end of the day if you are dropping out of Harvard, that is already saying so much about you to being with. Poor people who barely got anything to show for will come to a place, you do not have to stay poor, but you are not going to reach to places those wealthy people reach, they have advantage over you.
I see the point where you are coming from but I will like to disagree being poor doesn't mean the child will be poor intellectually, I know the standard of teaching might be different but the curriculum doesn't differ from the country where I am from I have various examples to back this point up. No poor parent will want the child to grow up to be like him/her so they will try their best to train them in this time and era.
I think this is very realistic. But this does not mean that the poor cannot succeed. Many famous billionaires were not born in wealthy families. Their perseverance and wisdom made them. No matter where you start, you should have the right attitude, understand what you want, whether you want your children to be as ordinary as yourself, or strive for a better future for future generations. It depends on their own choice.
being poor or rich is one of the cycles of life but how we get results and can be happy with what we get is not measured by how poor or rich we are, but what is clear is trying to make money honestly is a behavior that many middle class people do while rich people tend to deny this
there is also much middle class who earn money dishonestlyI remember the wise words that Jack Ma said: "human destiny is only death, the rest is our efforts and hard work"
rich is a mindset and not destiny and this has been proven by millions of successful people around the world
while those who are poor always blame circumstances and continue to think that being poor is destiny
They're not payments, they're tax credits which offset taxes owed, which means you only get them if you have income in the first place and they reduce the amount of tax you pay. You can't have 0 income and just get money for having kids under the program. Also, the US under taxes to such an extent that nobody has a "large majority" of their salaries taken away in the form of taxes. You have to be an extremely high income earner to even approach 50% tax rate and live in an area with multiple levels of high tax rates. In other words, you built a strawman argument of a situation that exists very infrequently in reality, and in the specific case of people paying a "large majority" of their income in taxes, not at all.
Even in case they are tax credits, there is a need to have a maximum limit on the number of children who can be used to avail this benefit. I would limit it to a maximum of 4 children. It is not fair, for the American tax payer to subsidize someone with 10 children, while an average tax payer family struggles to afford 2 children. And the proposed plan from Biden (American Rescue Plan Act of 2021) is not just limited to tax credits. It includes Supplemental Nutrition Assistance Program (SNAP) as well as direct cash payments. The latter group makes for the majority of the expenses.
A good topic. People at any stage, try to be rich. This is being the core target in each one's life. When one travels towards it, as you said, too many face struggles. Here where their ability to sustain or achieve is challenged. Many just give up consoling themselves as what they have is enough, but others, step forward either risking themselves in any business they know and succeed or loose based on where they have put up the business. Those who were born poor become rich or who were born rich, learn to main their standard or upgrade.
The challenged of life once being handled correctly your fate will changed up. The positive approach towards life is one
of the best influenced in order to work things out.
You have to be resourceful if you want the success to fill out your life, each person have it's own ways to succeed.
I born in poor family but luckily my family's religion guide everything about life, it is not only about praying and reciting. If I born in poor atheist family maybe I will find difficulties to surpass that barrier because maybe that family only can teach just what they know and experience and I am sure that they didn't experience everything in this world. But my religion guide me how to have good manner, aware about how important to always learn in any age, act correctly in society and etc. Actually without help from government I think only that is enough, government only need to provide infrastructures to learn such as school, university and etc. My religion teach me the good way to talk, walk, eat, look, act and etc. The most important thing is anything that we do in society must not harm or disturbing others so we can be acceptable in any class of society.
It's a very important and effective topic . Man's born the system of his fate , some people born in a gigantic family some are very poor family and same in middle class. But all struggle the same manner, work hard to change your fate. Poor family members don't charge their fate due to attractive motivation on drugs, corruption and unsocial activities, some Rich members also have addicted above mentioned issues that turn into poor categories.
Firstly, it's very nice that there are people like you, I respect your choice and your path!
At the same time, I will add that you did not quite understand me correctly. I was not talking about changing the place of residence or abandoning poor relatives, but about the fact that for personal development it is necessary to communicate in a more "developed" society, which will increase the level of knowledge, gain quality experience, and gain access to great opportunities. All this can be used to solve a host of problems - from attracting investment to poor areas, to giving people from, no offense, a less developed stratum an opportunity to make an attempt to raise their living standards! Like any "tool" - knowledge, experience, connections can be used in any way - for good and for harm, for many or only for oneself.
For a better understanding, a simple example - it is difficult to learn, for example, English if you only have a dictionary, and much easier to learn if you find yourself in a language environment, for example, in Britain or the United States. And when you raise the level of the language - you can use it as you like - you can find a good job in this country, or return to your country and start a business with international partners or for their market, and invest money in your city, or in their relatives.
Now that I understand you, how about a middle way that would be both good for your view and good for my view as well. We now have internet under our hands, internet is very easy to access even in some of the worst countries in the world, my country provides one of the most expensive (compared to minimum wage a standard internet is 10% of minimum wage) for speed that is funny, it literally takes a minute for me to open a webpage sometimes, I have under 10 mbps for that much money.At the same time, I will add that you did not quite understand me correctly. I was not talking about changing the place of residence or abandoning poor relatives, but about the fact that for personal development it is necessary to communicate in a more "developed" society, which will increase the level of knowledge, gain quality experience, and gain access to great opportunities. All this can be used to solve a host of problems - from attracting investment to poor areas, to giving people from, no offense, a less developed stratum an opportunity to make an attempt to raise their living standards! Like any "tool" - knowledge, experience, connections can be used in any way - for good and for harm, for many or only for oneself.
For a better understanding, a simple example - it is difficult to learn, for example, English if you only have a dictionary, and much easier to learn if you find yourself in a language environment, for example, in Britain or the United States. And when you raise the level of the language - you can use it as you like - you can find a good job in this country, or return to your country and start a business with international partners or for their market, and invest money in your city, or in their relatives.
However we still have access to it. I never went to anywhere else in the world, and yet I can speak English "fairly" well, sure I am not a native speaker but here I am writing on this forum and I rarely get complaints on my English, so you can learn English wherever you are as long as you want to. The middle way offer : Stay in your country but work online with other nations? Freelancing basically, or startup, or whatever you want online, that way you work with foreigners and get education, network, partnership, business, money from them but you are not leaving your nation neither.
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