Quote from: bangjoe on Today at 05:56:27 PM

Quote from: Compromise me on Today at 05:19:53 PM

Quote from: Y3shot on July 30, 2023, 11:42:58 AM

Snip ~

The only difference between rich and poor is thinking. The rich people invest in assets that put money in their pockets and poor people buy liabilities like they will buy motor cycle but they have not enough resource to be able to buy petrol. They buy mobil phone on monthly installments. In comparison, rich people invest in assets like they buy property that will increase its value. Poor people spend money in things that show they are rich but in reality they are poor. Rich people invest in real assets like they buy running businesses. Poor people save currency and currency value is in control of government. Rich people invest in real money like they invest in gold that retain its value.

I agrees with you, that the most prominent difference is the mindset, both in using money, managing expenses, giving abilities and increasing their life value by shaping themselves better, that is the average of the rich position themselves in all fields To be in a better position economically and his life, and on average the poor do not have a mindset about how he uses money to get more money, they use the money he has only for what he wants and makes prestige as the first order They think rather than adding their income. Poor people usually like things that make him comfortable in the zone that does not make it better, and I feel that what happens to my parents, it makes me understand why my parents are not in the best position in the economic world.

But if you do make yourself get in trap with this kind or type of situation on which you are really that making yourself that supporting out your family and having those continuous expenses then for sure you would really be

trapping yourself on a condition on which you wont really be making see yourself on having a progress.Somehow, it cant really be that avoided that you would really be having the felling or responsibility when it comes to your family because there are really that feeling which you do need to help which it is one of the things that would hinders out your success or progress. In speaking about buying out liabilities like cars or other possessions that doesnt really appreciate when it comes to value or doesnt really generate out income then you would really be finding yourself on struggling later on, on the time that they would really be asking for some maintenances on which it would be adding up on the expenses and on the time that you are just earning sufficient then it would really be putting you on a tough situation.Just like on what most people been saying on here that it would really matter on your mindset and money management because if you arent that mindful about these things then you wont really be realizing that you are spending that much on something that you shouldnt really be spending on just because its there and you have purchased it which it would really be included into your responsibility on maintaining it of course.