Poor and Rich - page 13. | Bitcointalksearch.org

Bananington

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Quote from: MaterialMouse69 on March 11, 2023, 10:45:23 AM

We all know the quote "the rich get richer and the poor get poorer" I heard this quote when I was in high school now I'm grown up. I always wondering why?

Is it that the rich have already wealth the day they are born? Have savings and investment?

You need money to make money, and the rich have access to money to make more, so they keep getting richer. The poor do not have access to money that is sufficient to find more money, so making money becomes more difficult. Money gives privileges and access to better opportunities. If you have money enough, you will be well connected with people who can offer you better opportunities since they know you are in the same financial class as them.

But it does not also mean that a poor person cannot make money and become rich, he will just need to work harder and be prepared to take opportunities when they come.

Adbitco

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Becoming wealthy is from state of mind your body and mental thinking must be renewed (wealthy) before you can become Rich physically. Your mouth and tongue has the power to kill and to live so I don't think those who are seen or known to be wealthy today are being inborn of it but I can say they plan and structure their lives on how it should go. Making investment without you being focused and determinant would still make one poor, set your goals and target walk and works towards them then you will became successful in Life.
Note better, from the day everyone or anyone was born they didn't came with trillion dollars or even being birth with a silver spoon nor Golden spoon they were born empty and pure nakedness but their parents groom and nurture them the way they should grow possibly they were thought the secret of money on time. Secret of money can never be thoughts in any higher institution or college even in the university you can never see it only but only your parents could gives you these guidelines.

cabron

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https://www.betcoin.ag

The rich use thier money to enrich themselves and invest but the poor are too busy working hard to make ends meet. The kids of the rich get thier birthright, are surrounded by influential people living high and are educated also to make money out thier of thier money while the poor kids are advised to get a good job and save money only.

uche6215

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The only thing that makes the poor get rich is their hard work and the rich get richer because they see no opportunities as a flimflam that's why the major investor that is into bitcoin are rich investors. The rich ones have the potential to do anything they want, both business, investment, or gambling.

Yatsan

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Quote from: MaterialMouse69 on March 11, 2023, 10:45:23 AM

We all know the quote "the rich get richer and the poor get poorer" I heard this quote when I was in high school now I'm grown up. I always wondering why?

Is it that the rich have already wealth the day they are born? Have savings and investment?

While the poor doesn't have any of those?

The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.

It is never what they have in the first place but how they managed their advantages to continue having the same financial status; both applicable to rich and poor individuals. The rich ones continue their investment and businesses to sustain their lives while poor individuals are used to the life they are having and becoming not open to changes or betterment. But this is not to generalize. Some poir individuals are just lacking the resources to move up to their expectations. They have the drive but not the capability to start that business or to enrich a particular idea. Bottomline is how an individual seeks for something in line with his/her desires.

Fortify

legendary

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Quote from: MaterialMouse69 on March 11, 2023, 10:45:23 AM

We all know the quote "the rich get richer and the poor get poorer" I heard this quote when I was in high school now I'm grown up. I always wondering why?

Is it that the rich have already wealth the day they are born? Have savings and investment?

While the poor doesn't have any of those?

The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.

Once you get into proper investing you start to understand the real meaning of this, and by proper investing I mean buying shares of companies actually creating tangible products or offering useful services. When you're rich, you have way more money available than you spend month to month or year to year, which means you but shares - those shares return company profits and often get reinvested to buy even more shares. This creates a massive compounding effect over time, allowing the rich to get ever richer - provided they don't spend too much.

EarnOnVictor

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Quote from: MaterialMouse69 on March 11, 2023, 10:45:23 AM

Is it that the rich have already wealth the day they are born? Have savings and investment?

There are ready-made rich people, and there are self-made rich people. The first class is privileged, while the second class might be lucky and earn it through hard work. Despite not having a level-playing ground, we should still not relax but do all within our power and environment to improve our financial condition.

Quote from: MaterialMouse69 on March 11, 2023, 10:45:23 AM

While the poor doesn't have any of those?

Poverty is not good and it's a disadvantage that many have to deal with. Yet, some poor people still make it, but it will be so disastrous if poverty has infested the person's brain to the extent that they will not be able to try to make it at all.

Quote from: MaterialMouse69 on March 11, 2023, 10:45:23 AM

The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.

You are doing good for yourself out of nothing, me too, which is evidence that no one truly has an excuse. We should strive with hard work and pray, who knows, luck might shine on us one day and we will become rich.

No one has a total excuse not to be rich!

firesurfer

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The poor have fewer options and they have no choice but to put in manual labor or start a business of value. And they do almost everything alone.
Rich people have more money, relationships and ideas. If they can't do it, they'll hire someone else to do it for them.
That's why the rich get richer.

Jawhead999

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Because a rich person have a privilege and have a lot choices rather than the poor. When a rich person want to start his own business, he spend a lot money and if it's going to bankrupt, he can create a new business without need to worry about the money they've spend. While a poor person want to start his own business, he might spend most of his money and it's going to bankrupt, he will not have any money left to create a new business.

MaterialMouse69

jr. member

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We all know the quote "the rich get richer and the poor get poorer" I heard this quote when I was in high school now I'm grown up. I always wondering why?

Is it that the rich have already wealth the day they are born? Have savings and investment?

While the poor doesn't have any of those?

The point is I started in low before having some savings and investment. I'm not saying I'm already rich but I can say that I'm better than before. Can you guys share your ideas with this topic.

Topic: Poor and Rich - page 13. (Read 1556 times)