5 Reasons Why Mindset is the Enemy of the poor

Darling? Why do you always cut the edges of the ham? Well, that's how my mom used to cook it, honey!

I'll call her and ask her why she did it.

🖁Hello?

Hi mom! Why did you always cut the edges of the ham again?

Well, I don't know dear. Because your grandmother used to do so for me, I guess.

I'll call her and ask her why she did it.

🖁Yes? Who is this?

Hi mom! I remember you cutting off the edges of the ham for me when I was a kid.

Can you remember why you did that perhaps?

Oh, darling! I remember that as clear as day. That was because my pan was too small you see.

“Monkey-see monkey-do”

Most of us learn how to handle wealth and money from our parents, or from very influential close friends.

Does that mean that it's always the correct advice to follow?

Only if your father was Warren Buffett, your mother was Vicki Robin and your BFF was Bill Gates, otherwise no probably not!

Now it's time to unlearn those habits.

In secrets of the millionaire mind, T Harv Eker presents 17 characteristics that separate the rich from the poor. I will now present my top 5 from the book.

Takeaway number 1:

Rich people believe "I create my life", poor people believe "life happens to me".

Who do you think is more likely or playing the lottery, a rich or a poor person? You guessed it! It's a poor man's habit. Poor people actually believe that the only way they can possibly become rich is if someone else draws their name out of a hat. Instead of taking responsibility, there are three other activities that the poor love to do: blaming, justifying and complaining.

"The blame game" is the favourite game of the poor. Or perhaps it's a tie with a lottery. The blame game has one primary objective: to see how many people and circumstances you can point your finger at without ever looking at yourself. If there's nothing to blame, you'll often hear the poor person rationalizing instead.

"Well, money isn't really important anyway!" That this attitude is a problem should be obvious. Would your girlfriend hang around for long if you keep telling her that she isn't really important anyway?

Nope and neither will money!

What you focus on expands. If you complain, you focus on what's bad and you'll therefore get more of…..what's bad.

This is a terrible strategy, both for your purse and your mental health.

Instead, do what a rich person would - take full responsibility and own your financial situation. The next time you catch yourself blaming, justifying or complaining, correct yourself loud and clear. For instance,

if you catch yourself saying:

"No wonder I'm not rich! My parents never even owned a car!" correct yourself at once by saying: "But I'm not my parents, and besides, there are plenty of self-made millionaires out there! I'm just as good as them, therefore I can become wealthy like them!

Takeaway number 2:

Rich people are willing to promote themselves and their value. Poor people think negatively about selling and promotion.

Resenting promotion is one of the greatest obstacles to wealth and success. If you are not willing to promote yourself, your service and/or your product, someone else will promote theirs and bypass you. That goes for business owners as well as those focusing on climbing the corporate ladder.

Promotion is looked down upon in the eyes of many people because of one of the following:

You may have had a bad experience with people promoting to you inappropriately before. Perhaps in the form of someone trying to do a hard sell on you.

In any case, you should recognize that this experience is in the past and that it may not be serving you to think about it today.

You may have....(click here to read more)