Post
Topic
Board Economics
Re: Poor and Rich
by
EarnOnVictor
on 29/03/2023, 07:17:00 UTC
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.
Why are the rich getting richer? Because for them the money will work for them. With lots of money, investment, business, everything the rich can run because they have large capital and ultimately profits continue to increase.

Why are the poor getting poorer? Because they don't dare to take risks for new opportunities. With their less income, they choose to buy their daily needs instead of opening a new business.

Born into a rich or poor family, it is a privilege that we can't choose. We can only respond to any situation that occurs wisely.
I think this lies in our environment so that it influences the mindset. so that many rich people are getting richer, and poor people will remain poor, because they associate with the poor and do not want to experience change, so that their lives will continue to stagnate and be in continuous poverty. therefore we must choose an environment to associate with, even though we are poor but if we associate with people who are rich in mindset, then we will have broad insight to become rich
Fine, the environment is a weighable factor that affects the status of anybody, but we should not use that as an excuse. This is because there are people that made it but were from an unspeakable environment which should have influenced their thinking and status, but they fought it and broke forth. It's a disaster to be comfortable in a bad situation, if it's the environment that causes it, then change it.

Many people had the determination and give it all it takes to make it in life despite their poor/unfavoured foundation, and now they have indeed made it.