Learn more about personaldevelopment with this collection
How to overcome unwanted thoughts
How to manage intrusive thoughts
How to change your attitude towards intrusive thoughts
Rich Vs Poor Mentality
Poor mentality
Poor and middle class firstly spend their incomes on the needs and liabilities. If something left after goes to the investment
Rich mentality
Rich people firstly invest a part of their income and then after spend the left out for need and luxuries.
This thing make a huge difference.
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410 reads
MORE IDEAS ON THIS
10 Of 10 Rule
10 of 10 rule states that one should not spend more than 10% of its net worth on house and not to spend more than 10% of its house value on cars like liabilities. If this is followed by person then he/she will probably not face any money problems.
41
554 reads
Flaws In Education System
- Our education system is designed to teach you to be a good employee not employeer.
- It do not teach the financial literacy at all
- Education is important to be good in professional life and make income but in order to make assets and to be rich in life financial literacy is mus...
30
308 reads
28
394 reads
Why Financially Literate May Not Develop Cash Flow
The five main reasons financially literate people may still not develop abundant cash flow are:-
- Fear
- Cynicism
- Laziness
- Bad habits
- Arrogance
26
361 reads
One Step Away From Poverty
Poor and middle class people remain poor or they are one step away from poverty because they depend on single source of income while the rich mindset people create multiple income streams. They use their available resources to create one income and after setting that works to make other income st...
29
347 reads
CURATED FROM
IDEAS CURATED BY
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Other curated ideas on this topic:
“Poor dad” vs "Rich Dad" Mentality
The “Poor dad”, a stereotype for the regular salary man, believes that one should work for money as an employee at a stable job. This mentality can trap a person into working a job they don’t love, but is willing to stick with because they have to pay the bills.
The "Rich...
A competitive advantage can vanish
The only thing harder than gaining a competitive edge is not losing an advantage when you have one.
Sears was the largest retailer in the world and so dominant at retailing efficiency that it could spread its efficiency to unrelated industries. But then the growing inco...
Forming the habits of an investor
Investors put their money to work. They know that the money they set aside today sets them up for financial freedom.
- An investor puts any excess money towards investments that will earn more capital.
- They value learning new skills and think of ways to use it...
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