Were they born that way?
Are some people just LUCKY in life's lottery?
Do they inherit it?
Are they more talented?
Are they better educated?
What is it?
Nobody is born rich. Nobody is born with more talent than anyone else. It is developed. Education isn't always the path to riches either. I know several over educated derelicts. Bill Gates and Michael Dell both dropped out of college and built businesses in their garages.
Yes, some people inherit wealth and some win the lottery. Unfortunately, most tend to squander it away as they have never developed their financial IQ.
I contend there are many factors to consider. Developing your skills. Forming better habits. Hanging around successful people instead of people that drag you down. Create a wealthy mindset. Use better self talk. Instead of saying "I can't", Say "How can I?"
Here is a great list of 21 statistics about how 'rich people' do things compared to 'poor people'.
70% of wealthy eat less than 300 junk food calories per day. 97%
of poor people eat more than 300 junk food calories per day.
23% of wealthy gamble. 52% of poor people gamble.
80% of wealthy are focused on accomplishing some single goal.
Only 12% of the poor do this.
76% of wealthy exercise aerobically 4 days a week.
23% of poor do this.
63% of wealthy listen to audio books during commute to
work vs. 5% for poor people.
81% of wealthy maintain a to-do list vs. 19% for poor.
63% of wealthy parents make their children read 2 or
more non-fiction books a month vs. 3% for poor.
70% of wealthy parents make their children volunteer
10 hours or more a month vs. 3% for poor.
80% of wealthy make hbd calls vs. 11% of poor
67% of wealthy write down their goals vs. 17% for poor
88% of wealthy read 30 minutes or more each day for
education or career reasons vs 2% for poor.
6% of wealthy say what's on their mind vs. 69% for poor.
79% of wealthy network 5 hours or more each month vs. 16% for poor.
67% of wealthy watch 1 hour or less of TV. every day vs. 23% for poor
6% of wealthy watch reality TV vs. 78% for poor.
44% of wealthy wake up 3 hours before work starts vs.3% for poor.
74% of wealthy teach good daily success habits to their
children vs. 1% for poor.
84% of wealthy believe good habits create opportunity
luck vs. 4% for poor.
76% of wealthy believe bad habits create detrimental
luck vs. 9% for poor.
86% of wealthy believe in life-long educational
self-improvement vs. 5% for poor.
86% of wealthy love to read vs. 26% for poor.
We all have things on this list that we need to change or
be more consistent with... I know I do!
So the question is......What are you going to do about it?
Are you going to be RICH or POOR?
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