From :
http://finance.yahoo.com/news/21-ways-rich-people-think-differently.html?page=2
1. Average people
think MONEY is the root of all evil. Rich people believe POVERTY is the root of
all evil.
"The average person has been brainwashed to
believe rich people are lucky or dishonest," Siebold writes.
That's why there's a certain shame that comes
along with "getting rich" in lower-income communities.
"The world class knows that while having
money doesn't guarantee happiness, it does make your life easier and more
enjoyable."
2. Average people think selfishness is a vice. Rich people
think selfishness is a virtue.
"The rich go out there and try to make
themselves happy. They don't try to pretend to save the world," Siebold
told Business Insider.
The problem is that middle class people see that
as a negative––and it's keeping them poor, he writes.
"If you're not taking care of you, you're not
in a position to help anyone else. You can't give what you don't have."
3. Average people
have a lottery mentality. Rich people have an action mentality.
"While the masses are waiting to pick the
right numbers and praying for prosperity, the great ones are solving
problems," Siebold writes.
"The hero [middle class people] are waiting
for may be God, government, their boss or their spouse. It's the average
person's level of thinking that breeds this approach to life and living while
the clock keeps ticking away."
4. Average people think the road to riches is paved with
formal education. Rich people believe in acquiring specific knowledge.
"Many world-class performers have little
formal education, and have amassed their wealth through the acquisition and
subsequent sale of specific knowledge," he writes.
"Meanwhile, the masses are convinced that
master's degrees and doctorates are the way to wealth, mostly because they are
trapped in the linear line of thought that holds them back from higher levels
of consciousness...The wealthy aren't interested in the means, only the end."
5. Average people long for the good old days.
Rich people dream of the future.
"Self-made millionaires get rich because
they're willing to bet on themselves and project their dreams, goals and ideas
into an unknown future," Siebold writes.
"People who believe their best days are
behind them rarely get rich, and often struggle with unhappiness and
depression."
6. Average people see money through the eyes of emotion. Rich
people think about money logically.
"An ordinarily smart, well-educated and
otherwise successful person can be instantly transformed into a fear-based,
scarcity driven thinker whose greatest financial aspiration is to retire
comfortably," he writes.
"The world class sees money for what it is
and what it's not, through the eyes of logic. The great ones know money is a
critical tool that presents options and opportunities."
7. Average people earn money doing things they
don't love. Rich people follow their passion.
"To the average person, it looks like the
rich are working all the time," Siebold says. "But one of the
smartest strategies of the world class is doing what they love and finding a
way to get paid for it."
On the other hand, middle class take jobs they
don't enjoy "because they need the money and they've been trained in
school and conditioned by society to live in a linear thinking world that
equates earning money with physical or mental effort."
8. Average people set low expectations so they're never
disappointed. Rich people are up for the challenge.
"Psychologists and other mental health
experts often advise people to set low expectations for their life to ensure
they are not disappointed," Siebold writes.
"No one would ever strike it rich and live
their dreams without huge expectations."
. Average people believe you
have to DO something to get rich. Rich people believe you have to BE something
to get rich.
"That's why people like Donald Trump go from
millionaire to nine billion dollars in debt and come back richer than
ever," he writes.
"While the masses are fixated on the doing
and the immediate results of their actions, the great ones are learning and
growing from every experience, whether it's a success or a failure, knowing
their true reward is becoming a human success machine that eventually produces
outstanding results."
10. Average people believe you need money to make money. Rich
people use other people's money.
Linear thought might tell people to make money in
order to earn more, but Siebold says the rich aren't afraid to fund their
future from other people's pockets.
"Rich people know not being solvent enough to
personally afford something is not relevant. The real question is, 'Is this
worth buying, investing in, or pursuing?'" he writes.
11. Average people
believe the markets are driven by logic and strategy. Rich people know they're
driven by emotion and greed.
Investing successfully in the stock market isn't
just about a fancy math formula.
"The rich know that the primary emotions that
drive financial markets are fear and greed, and they factor this into all
trades and trends they observe," Siebold writes.
"This knowledge of human nature and its
overlapping impact on trading give them strategic advantage in building greater
wealth through leverage."
12. Average people live beyond their means. Rich people live
below theirs.
"Here's how to live below your means and tap
into the secret wealthy people have used for centuries: Get rich so you can
afford to," he writes.
"The rich live below their means, not because
they're so savvy, but because they make so much money that they can afford to
live like royalty while still having a king's ransom socked away for the future."
13. Average people
teach their children how to survive. Rich people teach their kids to get rich.
Rich parents teach their kids from an early age
about the world of "haves" and "have-nots," Siebold says.
Even he admits many people have argued that he's supporting the idea of
elitism.
He disagrees.
"[People] say parents are teaching their kids
to look down on the masses because they're poor. This isn't true," he
writes. "What they're teaching their kids is to see the world through the
eyes of objective reality––the way society really is."
If children understand wealth early on, they'll be
more likely to strive for it later in life.
14. Average people let money stress them out. Rich people
find peace of mind in wealth.
The reason wealthy people earn more wealth is that
they're not afraid to admit that money can solve most problems, Siebold says.
"[The middle class] sees money as a
never-ending necessary evil that must be endured as part of life. The world
class sees money as the great liberator, and with enough of it, they are able
to purchase financial peace of mind."
15. Average people would rather be entertained
than educated. Rich people would rather be educated than entertained.
While the rich don't put much stock in furthering
wealth through formal education, they appreciate the power of learning long
after college is over, Siebold says.
"Walk into a wealthy person's home and one of
the first things you'll see is an extensive library of books they've used to
educate themselves on how to become more successful," he writes.
"The middle class reads novels, tabloids and
entertainment magazines."
16. Average people think rich people are snobs. Rich people
just want to surround themselves with like-minded people.
The negative money mentality poisoning the middle
class is what keeps the rich hanging out with the rich, he says.
"[Rich people] can't afford the messages of
doom and gloom," he writes. "This is often misinterpreted by the
masses as snobbery.
Labeling the world class as snobs is another way
the middle class finds to feel better bout themselves and their chosen path of
mediocrity."
17. Average people focus on saving. Rich people
focus on earning.
Siebold theorizes that the wealthy focus on what
they'll gain by taking risks, rather than how to save what they have.
"The masses are so focused on clipping
coupons and living frugally they miss major opportunities," he writes.
"Even in the midst of a cash flow crisis, the
rich reject the nickle and dime thinking of the masses. They are the masters of
focusing their mental energy where it belongs: on the big money."
18. Average people play it safe with money. Rich people know
when to take risks.
"Leverage is the watchword of the rich,"
Siebold writes.
"Every investor loses money on occasion, but
the world class knows no matter what happens, they will aways be able to earn
more."
19. Average people love to be comfortable. Rich
people find comfort in uncertainty.
For the most part, it takes guts to take the risks
necessary to make it as a millionaire––a challenge most middle class thinkers
aren't comfortable living with.
"Physical, psychological, and emotional
comfort is the primary goal of the middle class mindset," Siebold writes.
World class thinkers learn early on that becoming
a millionaire isn't easy and the need for comfort can be devastating. They
learn to be comfortable while operating in a state of ongoing uncertainty."
20. Average people never make the connection between money
and health. Rich people know money can save your life.
While the middle class squabbles over the virtues
of Obamacare and their company's health plan, the super wealthy are enrolled in
a super elite "boutique medical care" association, Siebold says.
"They pay a substantial yearly membership fee
that guarantees them 24-hour access to a private physician who only serves a
small group of members," he writes.
"Some wealthy neighborhoods have implemented
this strategy and even require the physician to live in the neighborhood."
21. Average people
believe they must choose between a great family and being rich. Rich people
know you can have it all.
The idea the wealth must come at the expense of
family time is nothing but a "cop-out", Siebold says.
"The masses have been brainwashed to believe
it's an either/or equation," he writes. "The rich know you can have
anything you want if you approach the challenge with a mindset rooted in love
and abundance."
