Topic: Rebuttal: Rich Mindset vs Poor Mindset (Read 917 times)

I agree, I believe no one start on the top.  These rich families somehow started at zero but their ancestors strive hard by working hard, thinking smart, consistently persevering to achieve their goal.  There are lots of stories of people from rugs to riches because they aim and persevere for it.  So I do not think that being poor is a hindrance to success, instead, it should be a fuel to work harder and smarter to achieve our goal.


I think I know the reason why her business starts to bring less profit when she starts having sex with different men. Religiously speaking, what she's doing is a sin and sin block blessings.

These are interesting factors that we have all seen at some point reading business books, however they are only relevant to communities or countries that provide favourable conditions to succeed. In response to a question about why Elon Musk could be the richest man in the world, Warren Buffet said America was a free country where everyone has a chance to succeed. There is no doubt in my mind about that. An exploitation opportunity comes from a citizen's purchase capacity, not from his or her poverty.

Yesterday I had sex with a girl who has a successful business and a lot of real estate. 

She told me that she noticed that when she starts dating men and having sex with them, her business starts to bring less profit.  From this we can conclude that business is a focus on the process of generating profits. 

Rich people are good at focusing on maximizing income and profit, while poor people are bad at focusing on these things.  That's the difference between rich and poor!

Sure my parents would teach me all about my family business but that does not guarantee that I will be able to maintain and grow my parents' business if I am not dedicated or it is not my passion. As I said, mindse determines everything, poor people can also learn how to do business anywhere. For example, if you apply for a job at any store or company, you can ask them from what you see, the people who went before...Mindset and efforts are most important, wealth will not exist if you depend on your parents.

Definitely.

Change is constant and can happen anytime we want to do it. But it's not just all about desiring to change and those that have been looking up to the rich people, it's okay that you're looking up on them right now.

But soon with all of the combination of working hard, smartly and consistency, you'll also be the one that shall be looked up to because you'll inspire people with your achievements.

I understand the passion of making it right, to make a "level playing field," and whatever else. However, this is impossible in our society, so it's best to realize the pros and cons of the established system and keep a positive attitude. When it's pure competition, I don't think "rich or poor" will be the determining traits, but more of IQ, talents, and conscientiousness. Well, just like what psychology has tried to find links between these variables to success.

In reality, the mentioned "pure competition" is also a dream since the real world takes into account other uncontrollable things. I mean where you live, who's your daddy, and what kind of car you drive, can affect employment or business decisions. That's why I said the realization of the disadvantageous position and keep pushing the limit should be the mentality (mindset). I think the Japanese culture knows this best as their manga/anime often depicts this situation, to give inspiration to youngsters.

If you are from a business family then most probably your parents will teach you all about economy and how it works. Rich people do that because they care for their hard earned wealth and they wants to make sure their children will be able to increase it with their given knowledge. Sometimes we saw things didn't go as planned but i mostly saw rich kids have more knowledge about economy than poor one. Its because rich dads live with it when poor dad didn't so they can not provide knowledge to their kids equally.

Poor kid also can develop that mindset if he is smart enough and understand his surroundings. What rich kid got inheritably poor kid needs to invest time to get that.

and not only that, there are many other advantages that exist in children born to rich families, trust and also relationships from offspring which in my opinion are very important things for him to be able to move forward in the future.

about mindset and mental, of course, upbringing from childhood is very influential but that doesn't mean it's an absolute thing because not everyone will be like that and there are some who are able to change that mindset, and we have seen a lot of evidence around the world.
whatever it is, I think we can still change it as long as there is a qualified will and ability that we have instilled in ourselves.

Rich or poor is really the mindset that determines everything, we don't blame why our parents are poor but other people's parents are rich, or the poor always have difficulties in life and the rich always have luck...all those thoughts killed a future rich person.

If you are lucky to be born into a rich family, but if you do not have the habit of working hard, just having fun, sooner or later you will become poor. And if you were born into a poor family but you never give up and always find a way to rise, you will be a rich person in the future. The line between the rich and the poor is mindset.

Many rich people now didn't go through with what their kids gone through. And what I'm saying is all about, they've been born with golden spoon while many of the rich parents, got through with hardship, hardwork and working smartly.

I agree that it's on their mindsets and they don't wanna get stuck being poor and that's why they've been wise with all of their decisions. And instead of complaining like many poor mindsets do, they're doing something out of hard situation and create solutions for it.

Why the Richs are always in a favourable environment and the poor is not? It's all on their mindset. When poor people have extra money they save it in bank account for later use or they buy things that gives them pleasure. This mindset keeps poor remain poor for rest of their life. Born poor is not your fault but not using available resource to get rich is your fault.

The path the poor have to endure in this life is so harsh to the point that the rich might think otherwise if the tables turn against them. I like to face the reality as the privileges of the rich is the only reason why motivators would say they are better, whereas they only seem so because they have the resources under favourable environment.

This is a very thoughtful response and explanation. It shows you see it just the way it truly is.

Well said, and I tried my best to understand you fully. Yet, the subject matter is about generalizing our perception about who is better between the rich and the poor. While my point was borne from the fact that if the same conditions are metered to the two classes, the poor would thrive better than the rich in general. I have seen the poor beating the rich in quizzes and debates in schools, and even in the labour force, they are the epitome of the brain of companies despite the conditions they grew with. If the poor have more opportunities, they do better, not that they are not dullards, they are only disadvantaged. What annoys me is how people online make it look the other way round.

Well, in general, this is also said "- people who want to live better. + -- looking for ways and solutions to achieve the goal"
Although I still agree!
It is foolish to deny that starting a "project to improve your life" with absolutely empty pockets, zero knowledge, without understanding how and what to do is more difficult than, for example, having at least knowledge! Of course, for such people, the path to a better life will be more difficult, more thorny. But this gives an advantage later - they value knowledge, diligence, perseverance, purposefulness much more highly, they have a higher level of "survival among their own kind." And what is important - they deserve a lot. At least they did not end their lives "at the bottom of the glass" or in a drug haze, hiding from difficulties

I think these statements lack more information such as under "People who want to live better." there should be people who try their best to live better but lacks the resources and assistance to do so. There are people, especially in the low-class tier that would do anything and are the most hardworking people, but they lack the resources or assistance to be able to go up even at least middle class.

I will express a very simple thought - people are not divided into "poorly thinking" and "rich thinking".
There is :
- people who are satisfied with everything (poverty, average level, wealth in inheritance)
- people who want to live better. But these are divided into those who:
-- looking for ways and solutions to achieve the goal
-- looking for excuses why he is poor/unhappy/....

It is true that there are quite a lot of rich people in the world, who previously came from poor families. But thanks to the right mindset and coupled
with hard work can change a person's life. So if right now we are poor, the first thing we have to change is our mindset, because if our mindset is
right in the end we can become rich. The mindset is very influential on a person's life, so if we have had a hard time getting rich for a long time,
maybe the problem is our mindset is wrong. Because of the mindset of rich people, they can always take advantage of whatever is around them as
an opportunity to make money. That's why I really like films that are based on true stories about the struggles of poor people who have the mindset of
rich people, which with all its limitations in life, but with the right mindset can turn a poor person into a rich person. I agree to be a successful and
rich person is just a matter of our mindset.

agree with you. mindset is the difference in this matter. if people who are not rich but have a rich mindset then usually people like this can enjoy their lives well. they even tend to be wiser in managing their financial condition. no wonder that many rich people are born from among the poor. but they are able to change their standard of living armed with a mindset that is indeed wise or rich. although opportunities for the poor are always more difficult due to lack of connections and capital. but those with a rich mindset can always look for opportunities wisely. because new ideas always come to their mind. and they can always enjoy and be grateful for the life they live. So it's a matter of mindset.

Adding to all you've said, I also agree that the term "rich" and "poor" isn't just term to be discussed in shallow terms as there are other forms these terms can also be discribed and example is with regards to state of mind as one can be rich in his state of mind and still be physically and financially poor hence we can say they are ready with all a required skills and preparations but still waiting on the right Opportunity to meet preparation.

In some cases people who are poor and relaxed in that state are people who make excuses for every failure they encounter and are scared of trying new things for the fear of failure meanwhile great successes lies behind those doors of fear as it is said that risk takers are most successful people. I have been with people who barely get food to eat and most time I tend to initiate some conversations and discuss while they choose to comfortably stay idle when they could barely get something to eat and I also found out that most of them just sit with believes that things will get better even without doing anything and most just wait for company jobs

That money and privilege though can positively affect many things if it's used correctly. With money comes better education, better nutrition, better social life, connection, etc. I'm not saying the poor can't compete with the rich, but they are already in a disadvantageous position compared to the rich. Maybe these situations affect mindset, but mindset alone won't mean a damn thing in the real world. Success is a combination of many factors, including luck.

The more beneficial mindset for the poor is the realization of their disadvantageous position. Therefore, they must try to push their limit to be competitive: work more, study more, and win just like in the anime. But, I've seen enough poor people stop trying and only demand "equality" dragging rich people down, and destroying the economy.

I completely agree with the op. I hate this whole 'rich mindset, poor mindset' thing because it's extremely ignorant of the privileges that some people are just born into and very unfortunate circumstances that others have to deal with. To add a bit of nuanced view to the overall good points the op raised:
- of course, if you're born poor, it doesn't mean that you have a great active mindset, are eager to learn and the only thing stopping you is your unfortunate circumstances;
- if you're rich, it doesn't mean everything will be handed to you and the only thing stopping you is your mindset.
Nobody says that everyone is the same within a broad category of people or that everything is easy for someone. It's just that it's very important to take a moment to recognize that tons of things depend on the country, family, wealth you're being born into. It starts extremely early on and continues throughout your life (the preconditions plus sometimes some random fortunate or unfortunate events). And yes, there are inspiring stories of people that get out of terrible circumstances, beat the odds and become wealthy. But it's absolutely unfair to point at such cases and say that everyone has got a shot and that privileges aren't real. Life is very different for many people, and it's important to understand that equal amount of effort can lead to extremely different results because of the circumstances.
A very simple example from my life: I've seen kids in a village who are average and overall don't mind learning new things at school, but they are forced by their parents to look after their younger siblings as well as do things like grow vegetables and sell some stuff on the markets on the weekends when they are teenagers. It's really hard to follow through with learning when you are forced to do many other things which are time-consuming. Similarly, I taught at a fancy private school where kids were taught very well and where teachers always helped the kids to understand things, tried making it interesting to them, and where you could easily request a private lesson for a teacher to help you with your homework. So the same average kids (who are not very eager to learn but are generally okay with leaning new things and doing homework) of course didn't have to take care of their siblings (because there are expensive nannies for that) nor sell produce or grow veggies (because they live in a big city and their parents are very wealthy), and they also have very nice teachers sharing knowledge with them. Equal intellectual capabilities, eagerness to learn and effort would lead to one kid barely knowing anything and another learning quite a lot and then, most likely, go to a good uni because of both knowledge and ability of parents to pay for their education.

The high disparity between the rich and poor class when it comes to privileges of the rich made me vote for the poor to be better than the rich. The truth is that when given the two of them the same hash tasks, the poor will highly likely survive, while the rich might collapse/fail since they are not used to the harsh condition.

Yet, the poor would survive the good environment just like the rich. Tell me who wins? The poor of course.

Your story is touching! Can you imagine? So if they now give someone like you the privilege of the rich, would you misuse it judging from where you are coming from? The poor have been taught in a tough way, so they are better.

I believe some of you are not getting what the subject is all about. It is not about individuals now but the generality of what could be inferred between the poor and rich. Social media is awash with the fact that the rich are better, but I refuted it since they are not better but only privileged to be rich. So, it is not about one being better than the other in a place and the other in another place. It is all about one thing, can the rich survive what the poor are surviving? And the poor survive what the rich are surviving? You should know the answer by now.

Rich and poor minds will certainly distinguish behavior every day, people who think rich when they are still poor will think about developing the money they have, while rich people who think poor will act extravagantly until the money runs out and become poor.

This tells us like always that it does not matter how much money you have in your bank account what matters is who you are and where are you going, besides while money is without a doubt important it should not be the only way to measure success, as there are a lot of people which are incredibly rich and famous which will most likely give it all in order to have a middle class kind of life in which they were infinitely more happy.

It couldn't be more true. Not all rich people are right and not all poor people are wrong or vice versa. There are many poor people who are very good but do not have the opportunity to promote and express themselves, but there are also many poor people who are lazy, always blame fate, refuse to work and always complain that life is not fair. But for the rich, not everyone is born into a rich family, there are many people who have come up from poverty and they have worked while others are sleeping so they deserve to be successful. Being born in a poor family does not mean your future will be poor, everything depends on you.

In this case, I quite agree with a simple mindset and be grateful for what you have, but in other respects, actually believe it or not, the fact that money and wealth clearly distinguishes castes. Social classification for now is clearly very difficult to eliminate because nowadays almost everyone is more based on wealth and throne, so caste is the determining factor.
This can be a differentiator from environmental factors and the circle of friends they have which proves that wealth and throne can distinguish caste.

We are on the same situation but those things didn't stop me on believing that i could be successful one day. Yes, its hard but its something that isnt impossible.
Just grind and work hard as much as you could and having or making good decisions on various situations which you do seem fit and could really be beneficial for long term.
Just dont be greedy or be harsh towards other people which it might be ending up on supporting you on what you are trying to achieve.
I know its not something simple because everyone is really thriving to have a better life.

^These type of things are only thought in families like us, because while we are thought that we could learn from life and be grateful and morals of our character is more important than money, people who have a lot of money and castles and yacths and whatever, teach their kid how to stay rich, and how to grow even richer, because that's what they need, if they do not teach the kid, then the kid will end up poor very quickly. That's why it matters, that's why it's such an important task.

I believe that schools should put a bit of class regarding economy as well, this way families would teach morals to their children like ours did, and schools could teach economy and there would be no information left unlearned.

correctly. Taking a view on an issue will be different if it is done from a different point of view. Even the thoughts of every human being are different. there are those who prefer to live simply and enjoy what is, there are also those who have big ambitions. So the views of the two are definitely different. I also don't come from a rich family. but I was taught to be grateful for what I have. and I'm not allowed to look down on anyone even if it's a small child. I also can't humble myself in front of rich people. because we are the same. many treasures and not many treasures is not a measure of a caste and degree in life. morals are very strictly taught in my family.

I grew up in a family that wasn't rich, and when something broke, it set us back for months, my parents are still like that unfortunately. A pipe bursts? You do not calculate it and you barely have enough to survive anyway, so you pay it but then you postpone something else, your tooth needs dentist? You pay that but then postpone something else.

For a family that had one salary from my father, and 3 people to live on it, we barely survived, thankfully it was good and we lived a good life, I have never classified myself poor or my family "poor", but we weren't rich, I can say that. That is why I can easily say  that all those "lessons" that rich people give would be from rich people perspective. Give a wealthy person 1 year to live on a salary of a delivery guy and they would go mad and would be in big debt too.

I dont like joining debates about this rich and poor differences when it is in social media because there are a lot of stupid people there who don't think first before they put it in words using their keyboards. Yes, they are called the keyboard warriors to be precise. I am avoiding them for most are pessimistic ideas and you won't learn anything from them but just fuels your stress.

I like what you have done though, protecting the poor who have dreams. But there are a lot of poor people that are just too lazy about anything and are just giving up with their dreams, so they tend to just put the blame in their parents or their God.
This is case to case basis.
Because there are also rich people who won't keep their riches if they stop working. So hardwork is still necessary and once they become lazy their kingdom will fall.

As we all know the power of money is something that cannot be underestimated, so it is impossible to give the poor the very same opportunities that someone that is rich has.

However what we need to strive to do is to give the poor enough opportunities so they have a chance to improve their lives, and at least in my opinion all of this begins with education, that way those which are born poor will have a chance to improve their living standards, and if they are lucky maybe they could become rich themselves

I agree with you OP. The rich are no better than the poor, they are simply more privileged.


The poor have just as much potential as the rich, but they are not given the same opportunities or resources. This is why it is so important to fight for social and economic justice. The poor deserve to have the same opportunities as the rich, and they should be able to use their talents and abilities to improve their lives and make a better future for themselves and their families.

Poors will always behind the 8 ball, trying to catch up with the rich. Only if we weren't taught to strive for that green as our goal in one life we have.

Mental poverty breeds poverty in everything - income, life, education. No offense. The poor have many complexes, and most importantly, they are afraid to admit them and are afraid to try to solve the problem. This is precisely the result of mental poverty. It breeds fears, cowardice, insecurity, decadent concepts, greed, as well as envy and hatred towards the more successful. With such a "baggage" of problems and complexes, it is impossible to change your life.

Maybe it depends on how everyone will think about how to earn money. Everyone, rich or poor, will try to get money. But some people can't keep their money well and instead use it to get the pleasure they don't really need. If you try to change your life by doing something that can help you earn money, one day, you will see what you are trying to do will work. Maybe changing the mindset must be done immediately and doing good ways will help you get something good too.

mindset and life circumstances are two different things. I don't know what the OP meant. but I think this topic is more suitable for Rich living conditions and poor living conditions. and the points written by the OP are mostly in accordance with the realities of life taken from the living conditions of the rich and the living conditions of the poor. but if it's about mindset. so the mindset is sometimes different from the circumstances of a person's life. Many people with living conditions are rich (affluent) but have a poor mindset. for example they are rich people who are stingy who do not want to share with others. poor mindset can also be interpreted as a narrow mindset (narrowness of a thought). and conversely there are many people who have a poor background or live in a poor condition, but they have a rich mindset (having rich thoughts / not narrow thoughts / open and broad thoughts). usually people with rich thoughts can always think wisely because they have a broad view. so do not be surprised if many important figures who come from among people with a state of complete deprivation (poor). but they can change their standard of living for the better.

and we also meet many celebrities who come from among the poor. but they are never poor in mindset. such as Shania twain, Jay z , Celine Dion, Demi Moore, Jim Carrey, J.K Rowling (writer), Oprah Winfrey and many more.

Many great people who come from among the poor. they become great because they have a rich mindset or a broad mindset. they don't give up on the situation. then we should not underestimate the poor. because sometimes a crisis or critical situation can make a person think outside the normal mind (out of the box). so do not be surprised if any of the inventors came from among the poor people of origin. hopefully we have a rich mindset / broad mindset / wise.

so a rich mindset and a poor mindset can be born from all walks of life. both the rich and the poor. everyone can have this mindset. but indeed sometimes opportunities are always wider for rich people. because sometimes they have extensive connections with various circles.

Your point: The rich believe that money makes money.

Rich mindset would really be something like this always which its definitely that on point because you cant really make more money if you wont really be risking some money which is really just a basic
concept of having investment through businesses and other assets that you are tending to own.

If you do make yourself having no goals or targets in life then you would really be just making yourself remain into that poor state or life status which its never
been that appealing to have specially when you are struggling on just surviving on your daily living.

There is a proverb that states "if you want to find out what a man is to the bottom, give him power" and if we are honest about this very few people can manage that influx of sudden power and they will go crazy about it.

Only those which know exactly who they are and what they want out of life will be able to manage that power responsibly, and those are the ones that not only become rich but keep themselves being rich, as they can avoid most of the pitfalls in which rich people fall.

You wont really be making yourself that rich if you arent going to do hard work plus having that wise mindset when it comes to investment or any other possible source of income that you should really be able to achieve or attain so that you would really be making your life way more better in terms of finances but if you are a certain type of person who do just simply contented on what you do have and dont have any goals or targets in life then you would definitely be staying up on being poor for the rest of your life this is why it does really depend on a particular person whether he would really be doing such stuff
or would be simply be skipping out and wouldnt really do any hardwork for you to make some improvement on your life.

I won't categorize the two classes opposite each other and try to compare them! No that is not what I will do, but the place of personality and desires is what makes the difference between the rich and the poor and even the average class

I wouldn't say anyone is born poor since we are born with the same brain capacity and 24/7 time allocated to everyone but what you do with this feature is what determines the direction your life will go let me not also dive into motivation speaking but being realistic here, anyone can become rich or poor it depends on the actions and inactions.

One may not be born with a silver spoon but one can create or buy his silver spoon, what that means is that your birthplace and position can be a foundation of your existence that but don't determine the direction your whole life will go.

So in conclusion what becomes of your life is not a question of where or the class you are born into, but what you do with the resource that is in your hand which is TIME.

If you invest your time into meaningful things such as education, skills, and management you can escape whatever limitations that you may have been born with and the same goes for those who are born rich of there is no proper management they can still become poor so it all depends on the individual mindset.

Rich minds are definitely the healthy minds they focus on having money this way or the other.
But the money earned with honesty stays - if you earn money by ill way - you would end up in disaster. Karma hits back!

The rich people make money from money directly. On the contrary, poor people (as my own experience), use the money to be able to eat and then use the energy to make money again, and the cycle is going on 

Sometimes not because of wisdom, but because of compulsion to limit what you want to buy. What the poor have in mind is being able to buy what they need at a minimum, at least the essentials, such as food, and the immediate primary needs. Meanwhile, rich people sometimes buy things not because of need, but just because they want or because of their environment or social surroundings...

However, in reality, not all rich people do the same behavior. Only those rich people who care about others' feelings and they have good characteristics, who have that behavior you stated above. Fundamentally, it all depends on the personality of each. For those people who don't care about others, boasting is something usual to them, they sometimes show up their own achievements to others. Good rich people commonly are the people who are religious and probably have good nature since they were kids.

Usually if a rich person becomes rich because he struggles with his own abilities, where he started from the bottom and did not get his wealth
instantly, then the rich person would last a long time, because it must have the right mindset to be rich. Whereas if there are people who are rich
just because they won the lottery or got an inheritance from their parents, it is certain that the wealth that is obtained instantly will quickly
run out, because these people have the wrong mindset. So if we want to be rich, we must start by changing our mindset first, after that getting
rich is only a matter of time. Therefore, where we are now facing an economic crisis, where almost all basic needs are increasing, if we have
the mindset of a rich person, I believe that  we can continue to improve the economy even in a bad economic situation. Because the mindset of
the rich will find a way to continue to increase profits.

You are right but certain things can be happening in your economy you can not help yourself but to stay and watch things the way they choose to become. For example, if you find yourself in an economy where there is high rate of inflation, unemployment, and high level of corruption, not forgetting that fiat currency is the only accepted currency in your economy and the value keeps goingg down every day, what are the possible means to escape poverty in such economy knowing too well that things are not going well and people are scared of investment due to the high rate of corruption in the economy how? Most times the plan B doesn't have the solution to the problems because once the economy of a country is bad everything goes bad with it.

That's the terrible thing about being rich, if you are rich and do not have the rich mindset then it is only a matter of time before you become poor again. I believe that the best thing you could do would be making sure that you invest into a bigger thing and bigger thing and bigger thing to keep growing.

If you stay the same while the economy is going worse then you will be the same amount of wealth whereas fiat will be less valuable and your money will be gone for sure. You should be trying to make more and more profit and have business' making you more and more money. That way even if the economy goes bad, you would have a plan B that can get you profits one way or another.

you're right, it's very difficult but the reality is that if there must indeed be a change to occur it has to take a lot of efforts, thinking and setting right the mindset, everyone wants to get rich but don't want to adapt to a  change.


what it takes to be rich is more as well to what it takes to maintain the riches, and to say the reality no one will taste being rich and wanted to go back to poverty and this would have been the worst ever situation that would have been better not to have ever been rich than having the taste of riches and go back being poor.

Changing the concept of thinking is something very difficult. that's why sometimes rich people stay rich. and poor people remain poor. it is caused by the difficulty of changing the mindset. mindset and desire are different things. Poor people always dream of being rich. but very few of them are taking steps to make it happen. The first step that can be taken is to change the mindset. then change attitudes and self-discipline. and the rich stay rich because their environment encourages them and is taught to think smart. I see a lot of rich parents leave their children on their own. even though rich parents can really pamper their children. but they didn't. because they know that their children must continue the family business. then the first thing they do is mental education for their children. so that one day it is ready to take over the family company. but we also see a lot of rich people who have poor thoughts. they are usually rich parents always spoil their children excessively. and they are people who tend to feel less with what they have. they seemed to be constantly thirsty and drinking water could not quench their thirst.

I don't wanna crucify the poor either as they also have their own mindset as to why the remain in that status of financial living. The path to becoming rich from the scratch was never easy. Not unless if you're born rich.
Everyone wants to be rich, but there are a lot of factors why we are divided into different social stratification.
We all have different mindset, skills, and emotions towards success or failure. Some are afraid of failure, so they keep their feet on the safer side.

That's why i don't usually listen to these motivational speakers. They put so much vindication on the poor. After all they're also after the money and they're only using their audience as an instrument to make more money.

A rich man will always want to be rich and the poor also to get rich, which means everyone has the urge to amass wealth of riches, but what are the requirements for achieving this altogether, the answer is paying the price of what it takes to be rich which start right from the mindset, mentality of the poor and the mindset of the rich are two different things, and unless the poor change it orientation on how he approach being rich he may never know the secret behind it and not until he change his mentality to think as the rich people do, he may continue to thirst for that over time with nothing changed, it's not easy to have a change in status because it takes a lot in demand for it to occur, but are the poor ready to pay the price of what it takes?.

And that's what I admire from those rich people, those that are very humble and know where to stand based on the status of the person to whom they're talking.
They're not boasters and they understand the importance of how to talk property when they've got everything and still being calm at the same time.

If I personally see it as an additional suggestion that still needs to be considered before implementing it even though it will create a culture of good habits and also lead to prosperity as desired. But again it's about individual decisions because everyone's abilities and the problems that everyone faces in life are always different. So that there is nothing to compare and yes as you said that those who are in the middle class level are those who can afford to buy even if only for a very small profit

  that is a constructive mindset, if so maybe the standard of living is better than some of the poorest minorities, what you mention is the middle class who can afford to buy and earn even though it's small. the middle class] is certainly not always the case.
if someone gives you information that is not the same as your Q n A, it may be that they are concerned with lifestyle and do not count expenses, again depending on the character and habits without realizing that doing what you say will create a culture of good habits, leading to prosperity

  i agree with ethereumhunter that if investing has the same time as taking momentum even if a little, if you want and are diligent you can certainly work as a hunter [bounty, airdrop, testnet, AMA etc.] it is provided free of charge and any event with prizes, many ways earn money for an investment.

Maybe because they are lucky to be rich, they can do much, especially to increase the amount of money. In contrast, poor people do not have much money so they can not do much. But if we talk about cryptocurrency, I think everyone who joins cryptocurrency has the same rights because if they have the right coins as their investment, they can get big profits in the future. And it depends on how strong they can survive and hold their coins until the price can go up high.

And if you compare the rich and the poor out there, the gap is so clear that many poor people cannot become rich and even if they do become rich, they are very lucky and only a few can get it.

When it comes to opinion and sentiments or other comments then there's no wrong or right because we do have our own ways and methods on making a living.Progress and success will really vary on how hard you do
work and how smart you do deal up with things and making up wise decisions which would really cause whether you would really make yourself successful or not but of course it does really mix up with some sort
of luck and perseverance at the same time.
Lets just accept that there are things in life which isnt provided which make more things to be more hard to achieve goals.Just do the usual stuff and stick with your own
goals and targets in life.Its impossible that each person doesnt have.

Life is hard bro, the weak will get weaker and the strong will get stronger. I saw a lot of social experiments on youtube, not many people want to help poor people with their dirty clothes on the streets, they are just ignored so I can conclude that the social gap between poor and rich people is very much different.

I'm not going to talk far, we can see it all around us. Good economic conditions will support many things including knowledge and smooth business, but when their economic conditions are low then knowledge is the last reason why they are successful.

Rich people are more privileged but than poor people but that doesn't mean that we should stop striving since that's the given fact. We can still change our path by setting goals and reaching them by being motivated to get out of the yolk of poverty. Rich people might always have an edge but poor people could also have a positive mindset to reach the same success. Our life is what we make it and if we were born as poor and remained poor until we get older, I think we lack hard work and perseverance.

If there's one factor which makes the gap far between the rich and the poor then that would be money and not mindset. Like you and the op said, many poor people doesn't have a poor mindset but they only lack of resources to get to the position that they want to. Also, not all rich belittle's the poor but there are rich people who are very humble as some of these rich do also came from a poor family before but they grind hard only to get on the place they have now. They know how hard it was to become a poor person, that is why they don't underestimate them but they try to help them instead and encourage the poor to not lose hope.

You're right, live itself it's a kind of mentality in which we all developed to it's approach and that determines the results and level of how much we can go far in it, you can't expect someone whose mindset is like that of a grasshopper to develop a giant achievements and obtain a high pinnacle of success except by luck, that's why you discover that most people that work hard in physical labor engage in getting less reward unlike those who uses their brain and knowledgeable skill in working less hard but achieving good results with income, this is a factor of individual mentality to how and what we see in live, coupled with the way we administer those live situations into our practical lives.

Cannot expect for people to agree on any ideas given about rich and poor mindset because everyone has different meaning towards what they believe people think about that discussion. But what most important think about this is what you believe and if some of your explanation can motivate you towards what you are doing to get rich then its good and lets accept the other people's opinion since they are also right base on their opinion.

When I started reading, I knew I was going to find this kind of garbage somewhere.

I don't know where you live but if you live in a developed country you live where there has been more social mobility and less privileges in the history of mankind. And if you live in a poor country not so much but almost, because if you think that the rich have privileges nowadays I would like you to take a walk in the Middle Ages to be working from sunrise to sunset for a feudal lord and you had just enough to eat not to die and continue working but suffering from malnutrition.

That's not to mention the droit du seigneur that certain feudal lords had over the peasants, which consisted in that when your daughters reached fertile age, about 13 or 14 years old, the feudal lord would deflower them.

What happens is that there is a lot of junk propaganda that wants to convince people that the world is worse than ever and that the solution is going to be brought by a politician through taxes and regulations. The bad thing is that the message gets through.

everyone is given the opportunity to be rich .. have a good mindset I think only one of several factors that make a person rich .. not all rich people have a mindset like "rich people", for example rich people whose wealth comes from their parents sometimes wasting money buying things that are not important or disrespectful to others who are below them.. or many other things that make them no better than poor people.. so I think many of your points are wrong

I can say they are lucky if in fact they are the children of rich fathers. They are heirs who will become rich after getting the inheritance from their parents. While other people have to try to raise more money from various jobs, they have to go through a long process although not all of them get rich in the end. Getting rich is not an option, it is the result of hard work and a process that a person goes through.

I know that there's a huge gap and belief between poor and rich mindsets. But what I've come to realize is that when you're in a better state and you're already rich, you tend to belittle those people that are in an unfortunate situation. They may also have the same thinking as you as a successful person but they can't just turn themselves into that one because of what they're facing. It's true that poor people are less privileged but it doesn't mean that they've got poor mindsets too.

I feel even for people that are employers and have people working for them started at the earlier stage of their life working hard themselves for others, except if they were born into a wealthy family line, but in the absense of that, i believe success comes in different stages, so for that person we see today that has a big company with many staffs under him, there was a time the person was also working under someone else, learning and growing till they got to the level of great success, so people should take things easy on themselves, one thing a person should make sure they are doing is learning, and having a desire to get to the top, and then work hard to see if it happens.

It is everywhere, even the rich guys in the society have many poor and middle-class people they draw their ideas from. So, we should not let it seems as if the rich are better as if they are angels that know how to do this perfectly.

Thank you for this! I dislike it when motivational speakers are directing all the praise to the rich and make it looks as if all the poor are dummies.


Thank you for this narration. Still, I look beyond personality but the opportunity they are presented with. I concluded by saying the poor is better than the rich because if they switcha sides, almost all the poor, if not all would survive, can we say that of the rich? It will be too hard for them to cope.

The initial post is a big pile of bullshit based on vagueness and generalities from which I gather that the OP identifies as poor and so makes a defense of the poor against the rich.


This sums it all up.

The only thing I would recommend to the OP is to stop thinking of "poor" and "rich" as watertight compartments, because in open societies there is economic status change between rich poor and middle class.

If he considers himself a good person and is poor, improving his economic situation and becoming middle class and even rich is not going to make him a psychopath. Conversely, someone who is rich but is a miser, exploiter and the like, is not going to become a nice person by becoming poor.

The truth is that we cannot hastily generalize people on the basis of being rich or poor alone. It's not as if the rich have a distinct behavior peculiar to them while the poor have also theirs and it's the thing that distinguishes them from each other. So while it is indeed wrong to say that the rich are better than the poor, it is equally wrong to say otherwise.

But I agree that there is a so-called natural lottery. Lucky are those who are born into a wealthy family, rich and developed and peaceful country, for example, but this doesn't define a person's fate.

This was a rather thoughtful rebuttal that offers a more realistic alternative and explanation to the Rich Mindset vs Poor Mindset.  This one went beyond the surface where the other one stayed on the surface. 

It is because of this that it is so difficult to try to make generalizations about your socioeconomic level, there are those which are born rich and they do not know what it took to reach that level of wealth so they waste it, while there are poor people that learn very quickly about the value of money and do what they can to reach a high level of wealth.

So how are we supposed to evaluate them? As poor people or as rich people? So this should show us that what matters is your mentality, regardless of how much wealth you have when you start your journey to improve your life.

In my opinion, judging the issue collectively is wrong, it cannot be said that all the rich are better than all the poor, and vice versa, it cannot be said that all the poor are better than the rich.
There are some good rich people who put a lot of effort and time to learn and achieve their wealth and make their success, but on the other hand there are many rich people who inherited a lot of wealth without any effort and only spend money on trivial things.
The poor also, there are those of them who make great efforts to learn and improve their conditions of life and set a goal in front of them that they strive with all their strength to achieve, but there are also many of them who say we cannot do anything, we are poor and we do not have enough capital to do any work, so they remain failures without goals.

It is very interesting to see the point of view from two different directions. such as from the difference in the mindset of rich and poor mindset.
it's not about whether someone is rich or poor. but it's a matter of thought that can change someone's life indirectly. like if a person who has a lot of property, for example, gets a large inheritance. Well sometimes his wealth will be drained quickly if he has a poor mindset. because he will tend to spend more. in the sense of buying anything he wants without thinking that whether he needs it or not. Poor thinking is thinking that cannot distinguish between primary, secondary and tertiary needs.

The difference between the rich and the poor is all levelled out on their mindset, upbringing, environment and friends they keep. Your environment and the friends you keep will define what you will be in future. It plays a major role in future careers. You don't expect to hang out with a drunkard and expect to be different. Staying in your comfort zone without exploring ideas would also hinder your future whether you are rich or poor.

In life what you believe is what you get. The privilege is open for everyone to decide whether to continue being rich or poor. The decision is left for you to choose what you will end up becoming

A poor person and a Rich person are both humans.  They both have the characteristics of a human being.  So I do not think any of them would have an advantage when it comes to personality since personality often occurs on both classes.  Also, talent and attributes also occur in both classes.  The only difference is the fund they can spend on learning certain skills, the environment they are learning, and the access to greater knowledge and tools where the rich people are at an advantage. 



Poor isn't better than rich people nor rich people is better than poor because poor people can excel on some parts while rich people can excel on other parts.  That nullifies the advantage of each class.  It is that rich people are better at exploiting poor people making them look like a better class.  That is the fact that cannot be rebutted.

At the end of the day, this topic is subjective and has many branches of comparison to talk about where each class outperforms the other class.

This is pretty much common sense.

If you got lots of money you basically can buy stocks, live off the dividends.

Or you can buy lots of real estate and live off the rental income.

Or you can buy a few businesses and have people work for you.

The saying is true. Money makes money.

What many rich don't understand, especially those who have been born into it rather than earned it (surprisingly common) is just how hard it is for people on low incomes to do any type of meaningful saving - the idea of investing would be a pipe dream. Any chance that lower income people get to save money is often overridden by immediate demands which will wipe out smaller saving pots that might have taken a long time to accrue. There is also the idea that it is expensive to be poor. People on higher incomes might spend $250 on a pair of work shoes that last three years, as opposed to those with less income who are forced to spend $100 every 9 months because they wear out a cheaper version much quicker.

You are absolutely right. Judgment on who is better should be done on contextual bases and the metrics must be as narrow as possible. But then again it is a hard thing to do. There will always be rich people and there will always be poor people. But I will say that rich people have more opportunities than the poor. They do not just make their money work for them, they also make their network work for them too.

I don't understand the irony. For example, I will tell you a story from my country. A poor family with several minor children is engaged in the sale of products that are given to them to sell by more affluent people. So their children are completely deprived of an education. They forbade them to go to school, explaining that helping the family at the moment is more useful than expanding the horizons of children. Children are deprived of the Internet and all the other things that ordinary children have. They are far behind in development. 
If parents wanted a different life for their children, they would probably give them a chance. 
But the future for children will be exactly the same. They will sell other people's vegetables and receive a very small percentage in return. 
There is not a single chance to get out of poverty for such people. And if we compare people who understand the value of education, they will first invest all the money in the development of their child, thereby building his future.

 So, What can a poor parent teach them children bout Money ?  The Rich will get better cause they do this at home to them kid's.


This has been the issue till date, still playing by the old rule's and rat race. Can you be specific ? ( Knowledge bout education? Money ? ) Not picking on you in the slightest way here.

Just as you have concluded, it's all for the poor to bring his/her ideas and dream's to reality. OP, dream's come to reality you know, it takes a lot of work, discipline, passion and consistency. One can't skip all of this. You have to take Bold steps to bring those dreams and positive mindset to Real life.

Not all rich people are born rich. Someone was able to make himself. But many poor people are born that way. And if they are lazy, they will resign themselves to their status for the rest of their lives, complaining that they were not born under a lucky star. If the parents of poor children do not motivate them to acquire knowledge, then poverty will continue from generation to generation.
Be that as it may, it all depends on the person and on his desire to escape from poverty. I'm not talking about wealth, but everyone can improve their life status.
In the same way, it can be said that some rich people, without proper handling of their money, can suddenly become bankrupt, that is, poor.
Therefore, following the saying, "If you are born poor, it's not your mistake, but if you die poor, it's your mistake," you should not complain about poverty, but you should act in order not to be it.

1.  Lower income brackets are less likely to own stocks, bonds and invest. They're less likely to make money "work" for them by engaging in passive revenue or dividend or interest based gains.

2.  In my experience the poverty demographic is the least disciplined and most impulsive in their investment and financial strategies.

3.  Do they learn? The poverty income bracket is the most disadvantaged demographic in terms of education and learning. AFAIK it has always been that way throughout history.

Discussing the comparison between rich and poor people's mindsets and how they managed things can be quite hard as it will truly depend on the personality, strategy, and even hard work of each individual. You can say that poor people have great ideas but have limited resources to fulfill them however they can strategize and ask for help or even crowdfund their idea. On the other hand, rich people can also have great ideas and a lot of resources to fulfill but with a lack of strategy, it might still fail in the long run.

Both "Poor" and "Rich" Mindset cannot be compared as both can be the same and produce similar or different outcomes.

Rich people would find a way to refute your claims, pretty sure that they're going to be saying stuff that's insensitive to the conditions of the poor people and how they are almost always economically disadvantaged. Imo, we need to level the playing field that it's fair for both sides so we can see what really is the problem.

I wouldn't want to pick each point and respond to them individually, but they all have a lot of generalization. You can't lump up the rich or poor into any character description or mindset. They all have individuals in both brackets which are on opposite ends of different spectrums;
• There are bums, who were born into wealth and built on privilege,
• There are people who were not and created wealth for themselves,
• There are yet those who were born into wealth and worked had to expand on that, with the privileges available to them,
• There are also those who were not privileged and did not develop a winning mentality and remained in an unfavorable situation.

---

Saying "many" poor people are better than the rich is also a hasty generalization. What constitutes "better" and how does one's financial situation make them better than the other?

Getting rich is not luck, or is barely 5% luck. There are lots of mindset and character factors that go into play. We shouldn't downplay that, to try to make some demographic or ourselves feel better.

It's more like each person personality rather than the rich person or poor person. There's a rich person who doesn't want to work since he believe his dad business will keep successful and wouldn't collapse, but business is business, if you don't have good management, innovation and so on, your business will bankrupt. There's a poor person who work very hard to earn more money, but he used all to buy branded clothes and the value will decrease overtime.

Both of them become rekt, but they're suffering in the different way.

Pretty hard to discuss which is "better" knowing that there are a crap ton of factors to take into consideration when discussing "rich" vs "poor". Arguments from both sides are painted with a broad brush, as if all "rich" people think the same, and that all "poor" people think the same as well. Which obviously is not the case.

This topic is borne out of the pain I feel when I hear/read that the rich are better than the poor. I have met with a lot of poor people, and I could feel their pains and destiny wastage as their knowledge, wisdom and dreams are being chattered due to the lack of resources and opportunities around them, not due to their mindset. Not that these people are foolish, lazy, not energetic or time conscious, but many are just unlucky with the country or environment they find themselves. Even many of the so-called rich people extract their ideas and successes from the poor, only to take the glory, honour and riches, which is the most painful part.

For this misconception (at least to me), I concluded to put this piece together so that I can read an honest opinion directly from you people. Correct me if I am wrong; the poor is better than the rich, only that they are not privileged.


Below are the excerpts from the OP I'm rebutting and the reply I gave to this misconception implanted in many by the so-called motivational speakers as far as I'm concerned:

"The OP has totally crucified the poor just for being poor, perhaps he/she has read/watched a lot of the articles or videos by these motivational speakers. Their sayings appear not to be particularly true in many cases.

Let me take your point one after the other to show my support and opposition to them.

Your point: The rich believe that money makes money.
My opinion: The poor also believe so, but they are not privileged.

Your point: Rich people make money work for them.
My opinion: Poor people are doing the same too with the little they have.

Your point: Rich people spend on necessities and what is needed not what is desired.
My opinion: The poor people are more prudent than the rich because they have limited resources.

Your point: Rich people think of a long-term goals but poor people set at best short-term goals or none.
My opinion: I agree here because impatience is there for the poor because their wants/needs can't wait that long.

Your point: Rich people tend to be risk takers but poor person is more likely to be risk averse.
My opinion: Very true, the rich have calmness in risk-taking because they have more money, insurance cover and rich friends/families to run to in case it boomerangs. But the poor will always fear losing the little they have because no extra money, insurance or friends to run to.

Your point: Rich people are eager to learn but poor people are not eager to learn.
My opinion: I disagree with you, poor people also learn, it is evident around you my friend. They even learn under unfriendly conditions compared to rich people. Just a piece of evidence that they learn, they are used as skilled labour in every facet of life by the so-called rich. Do you think they can fit in if they did not learn?

Conclusively, there is a lot of nonsense going on online that the rich have it better in terms of timing, management, expertise and all that. But I will always disagree with most. The only peculiarity is that the rich have money and privileges, which is why it seems as if they know and do better. Many poor people are better than the rich in terms of many things but are only unfortunate that they are poor, especially when they find themselves in a very bad country. While some lucky ones still find their way to the top, and some rich people become poor due to mismanagement."

The link to the original post: https://bitcointalksearch.org/topic/m.60925934