Why the rich boos the poor

I was born poor

and my God it's such a blessing

as I’ve learned so much along the way

is that being born poor

was by chance

dying poor is a choice. So that said

today I’m going to say some things that you

might find insulting

but instead of taking it personal

what I want you to do

is to take it as a lesson as something

you have just learned and use it on your

journey to achieving financial freedom

which is my objective for you

here. Now if you have very

thin skin

and you don't appreciate candle then

this article may not be for you but if you

are at that place where you're ready to

make the choices

and execute on the actions that's going to

to be talking about 10 things that poor

people do that the rich don't know when I

talk about poverty it's not just about

money because you can be poor with a

rich mindset

but oftentimes we allow the construct

that is poverty to consume us and we

become negative we become uncertain we

lack the courage that's necessary to

move forward and to achieve our goals

and we

internalize what poverty represents

which is really a social and economic

condition now if you are guilty of any

of these things don't feel bad because

we have all been there what's important

is that you take from it and make the

necessary changes in order to be in

alignment with you achieving this

financial freedom that we're working

towards on this channel the first thing

that poor people do a lot that rich

people don't is watch a lot of tv.

Listen if you know

which celebrity just got divorced or you

never miss an episode of your favourite

series you are watching too much tv. What

watching tv does is take away from your

productive time when you could be

strategizing, coming up with ideas

doing a course reading a book listening

to an audiobook etc. Here's what the rich

does the time that you use to watch tv

they're either increasing their

knowledge by taking courses or reading

books they're conceptualizing ideas and

documenting them they're managing their

business or they're looking at ways to

make money they're spending time with

mentors and coaches because poor people

often surround themselves with other

poor people and I’m poor well I’m coming

from a poor background so trust me I

know the rich on the other hand will

surround themselves with people that

they can learn from people that can

uplift them, people who have been where

they are going they're actually putting

in the work while you are watching and

waiting to see what's going to happen next

in the series that you have gotten so

addicted to, that by the way will not pay

the bills it's actually costing you

money to stream that series if you find

that you can't get away from watching tv

watch programs that increase your

knowledge one of my favourite

applications is curiosity stream this is

where you get documentaries that will

bring value to your life watch series

like billions which is my favourite

series and in billions you'll learn how

to invest you'll know how to play the

market and how to act of course

shrewd businessman. But nevertheless

you're going to learn things that you can

actually apply to your daily lives your

screen time and what you do with it will

make the difference between you

staying in poverty or achieving

financial freedom. The second thing that

poor people do a lot that rich people

don't is poor people wait for someone

else to save them you're looking for

someone to be your hero instead of being

your own.

There are some things that are outside

of your control obviously but I’ll tell

you that 99

of what's causing you to be poor is

within your control for the most part

but you get into the habit of blaming

everyone except yourself for all your

failures

for example poor people will have a ton

of children and wait for the government

to come and feed their children they

will waste their life, their working

stage that is of their life and at

retirement they expect the government to

take care of them when you get into the

habit of waiting for people to save you

another spin-off from that behaviour is

that you never take responsibility what

you have to do is learn to be your own

hero. Stop waiting for someone to come

and save you.

Rich people take ownership, rich

people don't complain or blame others

they become solutions oriented instead

of identifying problems they realize

that their success is contingent on them

and them alone and they execute

accordingly. Now the third thing that

poor people do a lot that rich people

don't is poor people often sleep away

their opportunities to succeed

rich people are usually up early and

they look at balancing that out of

course with adequate rest now poor

people on the other hand you wake up

when you have to you'll go out and go to

the party and you know you have work the

next morning but you still don't get up

in time to go to work that's a

poverty-stricken mindset you see what

you have to realize is that all of us

have 24 hours in our day.

If you choose to sleep out 12 of yours

as opposed to seven or so which is

required

how do you expect to achieve as much as

the person who is being productive for

18 and sleeping for six

you need to

make sure that most of your day is

productive do not sleep away your

ability to achieve financial freedom the

fact that poor people have no money

saved or no emergency fund is another

thing that poor people do that the rich

don't.

You don't have to save a lot and that

emergency fund doesn't need to be big

but you need to put something aside

consistently

it is recommended that you put aside 15

you have often heard me say that even

when i was earning minimum wage i

figured out a way to save 50

and if i couldn't save 50 from what i

was earning i went and found new ways to

earn so i wouldn't compromise my savings

if you are not making enough today don't

make an excuse go and find new ways to

earn watch the videos that i'm about to

put out there about the 10 websites that

you can make 100 us dollars per day on

and learn how to make additional money

so that you can create that emergency

fund because if you lose your job as a

poor person you typically suffer

if you get a pay cut you end up cutting

back your expenses instead of finding

new ways to earn the rich on the other

hand if they get a pay cut they usually

have at least six months pay put aside

up to a year and on top of that they

usually have an emergency fund and some

sort of insurance so they ensure that if

they run into difficulties if they get

sick for example and can't work or can't

operate their business they're able to

sustain and maintain their lifestyle

under the existing situation another

thing that poor people do a lot that the

rich or those on their path to achieving

wealth do not do

is poor people subscribe to lifestyle

inflation and you have heard me talk

about this a lot on the channel

basically when you subscribe to

lifestyle inflation is it inflation or

inflation anyway you get the gist

when you subscribe to lifestyle

inflation

whenever your income increases you

increase your expenditure so for example

if you get a promotion at work and you

start making 20 more in pay you start

changing your hairdresser you look to

upgrade your vehicle you want to move

into a more prominent community

that is bound to leave you poor

you cannot

increase your expenditure along with

your income whenever your income

increases it's an ideal opportunity for

you to start saving or invest in the

difference instead of subscribing to

lifestyle inflation the rich actually

save more than they spend and whenever

they get additional income that goes

into their savings or their investment

if the rich has a hair stylist when

they're earning a hundred thousand u.s

per year when they start earning a

million dollars per year they will still

go to that hairstylist so instead of

subscribing to lifestyle inflation the

rich will figure out ways to optimize

their expenditure in order to invest

more on my path to achieving financial

freedom here's an example of how i did

not subscribe

to lifestyle inflation

when i just started to spend a lot of

time in kingston i lived in a townhouse

and paid about 3000 us dollars per month

in rent now don't get me wrong it was

very nice and it was in a very nice

community i didn't know kingston well

enough to go out and explore so i stayed

where i was recommended to stay

as that community they said was a lot

safer but as soon as i got familiar with

kinston and got more comfortable i

wanted us to find a house and we started

to look for a house the great news is we

were able to get a mortgage for

250 000 jamaican dollars monthly and at

the time that 3 000 us dollars per month

was the equivalent in jamaican dollars

of 255

000

so a mortgage of 250 000 versus a rent

of 255 000 it's a no-brainer right

but the dollar was about one to i think

it was 85 at the time when the dollar

got to one

u.s dollars to 150 jamaican dollars that

same three thousand dollars that i was

paying in rent was now valued at four

hundred and fifty thousand dollars

remember the mortgage doesn't change so

that upside was an excellent way to

optimize income because now i was able

to save significantly more from that

rent of 3 000 because my mortgage when

you looked at it in the equivalent was

significantly less that's what you do

when you have a wealth mindset instead

of figuring out ways to move your

expenditure

as you earn more money you figure out

ways to optimize and reduce your

expenditure as you earn more or just in

everyday circumstances the rich

continues to look for ways to save and

invest more the poor it would appear

continues to look for ways to spend more

now another behavior

of people who are poor that's different

from people who are rich is that poor

people use a lot of debt to pay for what

they want they borrow money to get

married they borrow money to go to a

party they borrow money to buy the flat

screen tv to put in the bedroom although

they already have one that's working in

the living room they use credit cards

for example to buy a new iphone without

the ability to pay it off and unless

that iphone is gonna be used to generate

money for you like on a youtube channel

or otherwise it's a debt that you should

not incur it's a bad debt

a big difference between the rich and

the poor is how they use debt so while

the poor is using debt to acquire

liabilities the rich is using debt to

acquire assets and to invest another

behavior that poor people have that the

rich don't is the poor often like to

gossip and there's a lot of envy when

they speak or when they see someone who

is doing well a lot of times when you

hear

people exchanging terms like haters or

trollers is it trollers or trolls on

social media when you check out who is

hating and who is trolling it's usually

somebody who is not doing well

financially they talk about things like

tea um and listen when they're talking

about tea it's not the minty and the

green tea they're talking about

gossiping they're also a lot more

critical of people who achieve success

yet they themselves want to be

successful

how can you be critical of what you want

to become you definitely will not

attract it to yourself if that's the

case another characteristic trait i

realize of somebody who has a poor

mindset and remember

mindset you can be poor and have a rich

mindset so that's why i keep phrasing it

that way but a lot of persons with poor

mindset they take

pleasure in putting other people down

they get an ego boost almost of being

critical of others which is unfortunate

they will also convince themselves that

it's because they're not willing to do

what you have done why they are not

successful let me give you a real life

scenario

i joined tick tock of course to promote

business book and everything else and in

posting on tick tock i posted this video

here or ah

like a preview of this video which is

how i earned my first million by age 25

and someone in the comment actually said

it's because the white men at the

company where you work like you why why

you were promoted and i smiled and i

replied i said you know what let me go

along with this person because this

person was trying to find an excuse for

why they haven't achieved success so i

typed back and i said

actually i was promoted to a vice

president by a woman

the person went on to write it's because

you went to an ivy league university

finding another excuse as to why they

haven't achieved success so i replied no

i actually went to montego bay community

college and then leicester which i did

distance learning

poor people have a way or people with a

poor mindset have a way of trying to

find excuses to justify their status in

life that's exactly what this person was

trying to do if i had said yes to their

comment about the white men liking me or

yes to the fact that i went to an ivy

league university you know what this

person would have done oh okay that's

why she's successful and they leave it

at that

it's unfortunate but it's real the rich

on the other hand they don't participate

in gossip they don't have any time for

it where are you gonna find time to

gossip when you're out there trying to

achieve financial freedom they don't

allow gossip either to impact them

negatively or to distract them from

their goals they only drink minty and

green tea they're not talking tea and

they don't have time to be on social

media scrolling for hours to even think

about trolling people or being critical

in that forum another character trait of

someone with a poor mindset is that they

are not good at following through on

their commitment

you will get the ideas but you

procrastinate you come up with all kind

of excuses as to why they won't work and

you allow fear to paralyze you you're

also quick to quit if you start when you

come upon obstacles the rich on the

other hand when they initiate their

ideas they're very focused and they're

very outcome-centric

they'll figure out how to borrow the

money to launch that idea and they'll

take chances on themselves because they

believe in their true potential

they know that if they fail there are

more opportunities to succeed because

failure is not the end it's basically

learning from your mistakes and trying

again quitting is never an option for

the rich unless you have explored all

your options for example when i left my

first marriage it was time to quit

and the last character trait that many

people with a poor mindset have that the

rich don't is that poor people often

rely on god to solve all their problems

now you guys know that i'm religious so

i'm not saying you shouldn't believe in

god

but when we pray to god

we leave everything to god we don't have

a hand in it you must have heard the

saying that god helps those who help

themselves you have right if you have

heard that saying put i have in the

comments

as an example

if you lose your job

what the poor will do is will pray to

god

to find a new job they don't send out a

resume they don't make a phone call they

expect to manifest that job somehow

and unless you're manifesting on that

kind of level it's unlikely that that

job is gonna fall on your lap while

you're sitting at home or sleeping away

your financial freedom instead of

relying on god

to answer all your prayers with very

little or no effort the rich on the

other hand they have faith in god and

they partner with god so when you're

poor and they're praying god

please move that piece of furniture amen

watch and see if it's gonna move it's

gonna stay there until you get up and

move it

what you should do instead is to pray to

god to give you the strength the courage

the clarity of mind to achieve your

greatest aspirations now my rock stars

if you're still here with me i want you

to write in the comments

rich mindset and i'll know the true rock

stars that are out there remember it's

not an indictment on someone who is poor

it's an indictment on someone who has a

poor mindset because this channel is all

about achieving your greatness and

believe me when i tell you you won't be

able to do so with a poverty stricken

mindset as i said earlier poverty is a

state of mind and a construct

you can be poor with a rich mindset so

you need to decide my rock stars are you

going to have a poor mindset or a rich

mindset as always thanks for watching

and tell me in the comments below one

thing

that rich people do that the poor don't

or vice versa let me know your thoughts

if you are not yet a part of the rock

stars family please subscribe now we're

looking forward to welcoming you and as

usual if you found any value in this

video please don't hesitate to like it

all the best