Poor and Rich - page 8. | Bitcointalksearch.org

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Quote from: Fesatmas on March 16, 2023, 05:52:43 PM

Quote from: Jawhead999 on March 11, 2023, 10:49:59 AM

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.

And again a poor person if he wants to have money then he has to work full time to get paid a higher salary, and of course the salary he has is not big so it takes quite a long time for poor people to get a lot of money to start a business, and Obviously, as you said, it will be difficult for poor people to start their own business because they don't get money easily, it's different from the rich.
One more thing in my opinion that is quite influential is that children of rich people have a lot of experience managing money since they were small and their parents teach their children to save and invest because they have money and knowledge, while poor people don't have that privilege, they can only eat every day. should be grateful.

Although the rich have more advantages in starting life as well as starting a business, I think the opportunity will be divided equally between the two. Those who are intelligent and knowledgeable enough can still start a successful business and become rich. Not all rich children are talented, there are many people who rely on their parents' money, refuse to study but play debauchery, and are even part of social evils. While many poor people have the will and determination since childhood, study hard and work hard, the chances of success will also be higher.

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Quote from: Jawhead999 on March 11, 2023, 10:49:59 AM

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.

And again a poor person if he wants to have money then he has to work full time to get paid a higher salary, and of course the salary he has is not big so it takes quite a long time for poor people to get a lot of money to start a business, and Obviously, as you said, it will be difficult for poor people to start their own business because they don't get money easily, it's different from the rich.
One more thing in my opinion that is quite influential is that children of rich people have a lot of experience managing money since they were small and their parents teach their children to save and invest because they have money and knowledge, while poor people don't have that privilege, they can only eat every day. should be grateful.

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Quote from: coupable on March 16, 2023, 01:26:17 PM

Quote from: traderethereum on March 15, 2023, 09:23:14 AM

Rich people already have wealth the day they are born because their parents did and they can pass it on to their children.
Likewise, the poor pass their poverty on to their children but that does not apply if their children want to try to change and work hard to get rich.
Meanwhile, if the children of the rich cannot manage their wealth, they will lose their wealth and cannot get it back.
Everyone has the right to get what they want but they have to try hard to achieve it and not everyone can get what they want.

Anyone has the right to dream and aspire to be rich. But within the limits of what the law and the economy allow. The concept of wealth varies according to the country and the social system that it adopts. People differ in their definition of wealth and poverty as well, since there are rates adopted by scientific indicators to determine the amount of wealth according to many indicators.

Rich people have better opportunities, connections, and privileges and I think that's their edge over poor people but that doesn't mean that a poor person could die poor. It depends on how a person strives for success because we are the ones who are making our fate.
Wealthy people might have advantages but poor people have better motivation. People can get out of the yolk of poverty if they yearn for success just like what other successful people did. Our financial status can change if we work hard and know how to manage our finances but we have to find better ways to make money in the first place.

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Quote from: Aanuoluwatofunmi on March 16, 2023, 12:55:57 PM

I've come across the slogan the says "get rich or die trying" and on a real sense everyone want to get rich and amass wealth but only few were ready and able to follow the path through which they can achieve this, it is believed that every success has a price and not until we give it all it takes we may see no changes in our lives, every poor want to get rich and no rich man want to get poor which makes it more competitive that only those that are ready to pay the sacrifice with endurance attains the peak getting rich in life.

Nice slogan and you are right about the fact that no one wants to live in poverty but not everyone struggles and works hard to achieve a better life to be rich, I really believe in the wheel of life that not always people will be poor or vice versa because of the wheel of life that poor people in the past have become rich people today because of their determination and efforts to always work hard to improve their economy, while rich people who get wealth from their parents' inheritance cannot continue their business because they are spoiled by the wealth of their parents and finally after their parents are gone then they can only spend the inheritance without thinking about the future, finally everything has changed that the poor who work hard will become rich.

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I would say, it's just a matter of self-discipline and attitude towards on how you will manage your money. Of course, those who born rich will have no problem in the future because they just have to receive their parents money to while those poor people won't gain from their parents when they passed away. And I call that as a privilege of the rich, they have a lot of choices while the poor have a limited options or sometimes none.

I've seen some people who came from poor family to become one of the rich person in their city and those are self-made rich people. Some are lucky to win lottery, while some did everything through hard work, while some are lucky with their business.

If poor people doesn't know how to make money in the first place then they will remain what they are today until they die.

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In general, the psychology of finance shows that behavior and attitudes towards money play an important role in influencing one's finances. Therefore, understanding and managing money-related emotions and behaviors can help a person achieve more financial stability and prosperity

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Quote from: traderethereum on March 15, 2023, 09:23:14 AM

Rich people already have wealth the day they are born because their parents did and they can pass it on to their children.
Likewise, the poor pass their poverty on to their children but that does not apply if their children want to try to change and work hard to get rich.
Meanwhile, if the children of the rich cannot manage their wealth, they will lose their wealth and cannot get it back.
Everyone has the right to get what they want but they have to try hard to achieve it and not everyone can get what they want.

Anyone has the right to dream and aspire to be rich. But within the limits of what the law and the economy allow. The concept of wealth varies according to the country and the social system that it adopts. People differ in their definition of wealth and poverty as well, since there are rates adopted by scientific indicators to determine the amount of wealth according to many indicators.

Aanuoluwatofunmi

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I've come across the slogan the says "get rich or die trying" and on a real sense everyone want to get rich and amass wealth but only few were ready and able to follow the path through which they can achieve this, it is believed that every success has a price and not until we give it all it takes we may see no changes in our lives, every poor want to get rich and no rich man want to get poor which makes it more competitive that only those that are ready to pay the sacrifice with endurance attains the peak getting rich in life.

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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.

being a person who doesn't have everything is very unpleasant, from childhood I was a person who was born into an affluent family and often felt hurt by his friends who could have everything, after reaching adulthood and getting to know the world of crypto now I can pay with a past that bitter and sufficient for the family

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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.

Its your choice what you want to become in the future, not everyone who is born into a rich family will stay become rich forever, It is pointless if they have wealth but can't manage their wealth. Those who are born into the rich family one have a few steps ahead compared to those who are born into poor families, as long as they keep up their effort then that effort shows the real result.

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Quote from: awik p on March 15, 2023, 09:36:51 AM

Quote from: traderethereum on March 15, 2023, 09:23:14 AM

Rich people already have wealth the day they are born because their parents did and they can pass it on to their children.
Likewise, the poor pass their poverty on to their children but that does not apply if their children want to try to change and work hard to get rich.
Meanwhile, if the children of the rich cannot manage their wealth, they will lose their wealth and cannot get it back.
Everyone has the right to get what they want but they have to try hard to achieve it and not everyone can get what they want.

effort will not betray results, especially in today's era where there are many ways to get rich. a rich person will of course be in a rich person's environment, therefore his wealth is always changing, until in the end it is in the hands of his children, if he cannot place himself and think like his parents, then there are many stories where afterwards they become poor again. while poor people, it will be more difficult for them to change their perspective, because they are in a bad environment, so that in the end they have to fight harder to change their mindset so they can be more advanced to become rich people

I would guess that number one reason why poor people stay poor is that they are not capable of living a decent life with the money they have. Rich people could get richer because they have excess wealth, even if you spend a million dollars to live, that means you still have tens of millions of dollars left to invest, whereas most of us live with less than 10-15 thousand dollars a year, that is most of the world, 80% of the world lives for less than 15k dollars a year.

This means that we do not have excess money, even if you end up saving like 2k a year, you know how much % return you need to get in order to become rich like them? Only way to get rich is to figure out a bigger income, otherwise saving won't solve anything.

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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.

First of all, anyone can get rich either they are from rich family and have enough resource to get more money however there are also lot of living examples from all over the world started from entry job employee now become owner of multiple companies so the rule is we need to find a way to outrun the existing system then we will get out and make money

The last thing you mentioned is you're richer than before but how did you know that? You life style changed? Fir example before you live in a rent house and drove toyota now own a house and driving a bmw? Actually this isn't actually getting richer this means the lifestyle inflation where we are unknowingly trapped in a stage where we have to show of while we started earning more.

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Sometimes people only see the end result of someone who is successful and rich, but I have to say that the journey to success and wealth is of course very long, I have a neighbor who is rich and generous, he was poor and struggled to the fullest, before he was rich he went bankrupt until he once sold house to the bank, and after being rich he was grateful with lots of alms to the poor.

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Many rich people become so in the first generation, which means that they achieve everything themselves. In addition, being rich for different people means different things, someone considers himself rich when he bought a house and a car, and someone needs a really big fortune for this. It seems to me that we need to gradually train our brains for big money, increasing capital. There are a lot of opportunities in the world, but you need to understand why you need it in order to achieve this.

Patrol69

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Bill Gates famous quote You may remember it's not your fault you were born poor but it's your fault you died poor. It is easy for the rich to become rich but very difficult for the poor to become rich. A poor person has to struggle a lot to achieve success but those who struggle a lot and become rich are basically successful in life. You may have worked hard so you have been able to change many things in your life. People's money is temporary, someone has money and after a few days you will see that he has no money. If we want to achieve success, we must work hard. Success will never be achieved without hard work.

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Quote from: $anounimus$ on March 15, 2023, 11:35:06 PM

Poor and rich are social strata in society. The social strata in society are not stagnant, meaning that every human being has hopes and opportunities to improve their social status. It is true that as you say, the poor only have basic sufficiency in life, the income they get is only used for food and other basic needs.

In my environment, rich and poor are seen from the amount of property and assets owned by each person, even though there are also those who only have a certain rank in government but do not have more valuable assets in life. But people like that are considered rich in my place even though they only eat from the salary given by the government every month.

Quote

But what you should know is that poverty also does not escape the attention of the government. Currently, quite a lot of funds from the government are revolving to help improve the economy of the poor in various sectors. One of them is the government providing scholarships for poor children and other forms of educational programs.

For government programs in an effort to empower the people's economy, I think it is very different in each country so that this cannot be assessed in just one country. But in general, the governments of most countries always pay attention to citizens who are still poor for the welfare of society through various sectors as you said, but for sectors that greatly affect economic development in a country are assistance in the form of capital disbursed by the government for the poor. other than education as you say it is.

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So I think the poor have a chance to get out of that zone into an economically independent society. In my neighborhood, quite a lot of people who were once poor have now turned into economically strong communities by making the best possible use of government programs.

Well, this is what every citizen and government really wants because when people start to be independent with an affluent life, the country will look more prosperous with an economic sector that will develop gradually as long as the people can continue to work to increase their own income through their respective expertise.

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Quote from: $anounimus$ on March 15, 2023, 11:35:06 PM

Quote from: summonerrk on March 15, 2023, 09:47:34 AM

This is due to the fact that the poor have no way to escape from the circle of poverty, they spend all their money on food, not being able to get a better education. Also, they cannot invest, they simply have nothing, because all the money they earn also goes to everyday things. As for the rich, the percentage of spending on needs is very small compared to earnings. They are economically free.

Poor and rich are social strata in society. The social strata in society are not stagnant, meaning that every human being has hopes and opportunities to improve their social status. It is true that as you say, the poor only have basic sufficiency in life, the income they get is only used for food and other basic needs.

But what you should know is that poverty also does not escape the attention of the government. Currently, quite a lot of funds from the government are revolving to help improve the economy of the poor in various sectors. One of them is the government providing scholarships for poor children and other forms of educational programs.

So I think the poor have a chance to get out of that zone into an economically independent society. In my neighborhood, quite a lot of people who were once poor have now turned into economically strong communities by making the best possible use of government programs.

it all must be supported by the environment / government and also a strong desire from the person himself to change his life.
but nothing is impossible now we can see many examples on social media how the motivator who introduced himself long ago who was very poor then changed drastically to become very rich and affluent.
but indeed the difference in the path that must be taken or the process that is passed is of course different between the poor and the rich, the poor have to fight extra hard to be able to get a proper education and struggle hard to be able to find work to make more money.

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Quote from: summonerrk on March 15, 2023, 09:47:34 AM

This is due to the fact that the poor have no way to escape from the circle of poverty, they spend all their money on food, not being able to get a better education. Also, they cannot invest, they simply have nothing, because all the money they earn also goes to everyday things. As for the rich, the percentage of spending on needs is very small compared to earnings. They are economically free.

Poor and rich are social strata in society. The social strata in society are not stagnant, meaning that every human being has hopes and opportunities to improve their social status. It is true that as you say, the poor only have basic sufficiency in life, the income they get is only used for food and other basic needs.

But what you should know is that poverty also does not escape the attention of the government. Currently, quite a lot of funds from the government are revolving to help improve the economy of the poor in various sectors. One of them is the government providing scholarships for poor children and other forms of educational programs.

So I think the poor have a chance to get out of that zone into an economically independent society. In my neighborhood, quite a lot of people who were once poor have now turned into economically strong communities by making the best possible use of government programs.

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Quote from: rhodelmabanal on March 15, 2023, 04:40:18 PM

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.

I think it is true because if you are already rich you can have many capital yo make a different business and you will not afraid to invest because you have many capital, investing doing a business make a savings make a lending company etc., There are a lot of ways to earn when you have the money, but if you are poor you don't have money as a capital to do business, investing, etc., even the money to finance for your needs is really hard to find because you are poor so there is a big difference.

You are slightly right mate, but for now you have a money to make a business you can get a loan or you can borrow to your family and friends, i think it depend on your strategy many poor people in my country has a lot of land with tittle they can sell it to have the money and make a business, how ever it is still hard because they are not educated and it is hard to do business because of they are not fluent to do math, i think poor really become poorer and it really hard for them to make a business or to run a business to earn money, there is really a big difference between rich and poor only few percent of people become rich when they are from the poor family the very big issue is the funds that even going to college school is not that simple.

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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.

I think it is true because if you are already rich you can have many capital yo make a different business and you will not afraid to invest because you have many capital, investing doing a business make a savings make a lending company etc., There are a lot of ways to earn when you have the money, but if you are poor you don't have money as a capital to do business, investing, etc., even the money to finance for your needs is really hard to find because you are poor so there is a big difference.

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