Post
Topic
Board Economics
Merits 3 from 2 users
Re: this is why you are poor or rich
by
Bitcoin_people
on 18/01/2025, 03:22:07 UTC
⭐ Merited by Alone055 (2) ,Nanga Parbat (1)
Life's all about handling challenges. When you compare your problems with others, you'll see many people would be thrilled to have your issues. Struggles help us grow, and success comes from solving problems. If you're in a tough spot, remember that others might see your life as a blessing. Keep solving problems, and you'll keep moving up.
The reason behind the poor people is the mindset of poor people. They want to earn money but they don't want to invest money. That is thinking of poor people because they don't want to be bankrupt. Donald trump faced bankruptcy for 1 time and after he became rich been he has good relationships and he stood. Poor people have not mindset like that because they only want to pay bills which is their need but rich people want to get financial freedom in the life . They made many assets and these are giving them money.Middle class people are also poor people but they have money to pay bills but they could not afford with costly things like they don't buy branded suits and shoes which show that you are rich person but they have all facilities of life.
You are right here that most poor people do not want to invest money rather they save and keep a little, but they think that if they invest in something, if they face loss then they may go bankrupt, in which case they do not take risks in investing. However, if we invest money, we know that at some point or another, it is possible to get something good from it, but most poor people do not use this intelligence. There are many rich people who were very poor before but later they became the owners of a lot of money only by investing with their money. I also believe that no person can become rich without investment, especially if poor people want to become rich then they must choose any one of the investment positions then they will have the opportunity to become rich in the future. Even though Donald Trump is bankrupt, he has a lot of popularity, besides there are many people who went bankrupt but later they were able to improve their position. Rich people always deserve their financial freedom, but the middle class and the poor always want to save their money so that they do not have to go bankrupt in the future.  However, rich people invest and they tend to make more money from it, so I think if investing money can make you rich in the future and provide you with opportunities in life, then it is better for me.